Vietnam to reissue VND100 bills for central bank's birthday

By Anh Vu, Thanh Nien News

Email Print

The VND100 note that will be issued on May 6, 2016 as a souvenir. Photo credit: State Bank of Vietnam The VND100 note that will be issued on May 6, 2016 as a souvenir. Photo credit: State Bank of Vietnam

RELATED NEWS

Vietnam’s central bank will reissue VND100 bills in a new design next month as a souvenir to mark 65 years of its establishment.
A statement from the bank said the red notes will be available on May 6 and made with material and security features similar to US dollar bills, including a blue motion strip.
Dao Minh Tu, deputy governor of the bank, said the publication is sponsored by four leading money printing companies from Germany, France and Switzerland.
Tu said it plans to switch to the new material for other bills in the future.
Two sides of the original VND100 notes issued in the 1950s. Photo credit: Zing
The note will be a bit bigger than the polymer notes in circulation, with the image of President Ho Chi Minh (1890-1969) on one side and of the bank on the other side.
VND100 notes have not been in use in Vietnam for decades.
One can buy the new notes for around a dollar apiece although the notes themselves have no transaction value.
The central bank issued VND1 coins in 1990 to mark its 30th birthday and VND50 notes in 2001 to celebrate its 50th birthday.

More Business News