The dong has been the currency of Vietnam since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre.
The 100,000 VND banknote, first issued in 2004
South Vietnam 500 dong banknote issued in 1966.
The State Bank of Vietnam is the central bank of Vietnam. It currently holds an about 65% stake of VietinBank, the country's largest listed bank by capital.
In 2024, a former State Bank of Vietnam official accused of accepting $5.2 million in bribes faced trial in conjunction with the 2022 arrest of Trương Mỹ Lan and the near failure of Sai Gon Joint Stock Commercial Bank.
State Bank of Vietnam headquarters in Hanoi with French art-deco architecture
State Bank branch in Ho Chi Minh City.