The history of the Vietnam Dong can be traced back to as early as 1945, when Vietnam just gained independence from the French colony and the new state was established. Since then, the national currency has undergone much alteration in both designs and materials. The ??ng has been the currency of Vietnam since May 3, 1978. It is issued by the State Bank of Vietnam. It is is represented by the symbol "d" looking symbole, and subdivided into 10 hào. However, the hào is now worth so little that it is no longer issued by the National Bank Of Vietnam.
Back in 1945, the cash has one side embedded with the image of Uncle Ho and the polity’s name (Democratic Republic of Vietnam) in Vietnamese and another side with the symbol of agriculture, industry and military. This type of cash was popularly called "Uncle Ho Cash" or Financial cash. However, after the National Bank of Vietnam was founded in 1951, the Vietnam Dong was re-designed and re-evaluated. There were bank notes of 100, 200, 500, 1000 and 2000 being circulated without any coins.
During the Vietnam War (1954-1975), along with the note issued in the North, the South government also published its own cash, but after the Reunification in 1975, this was replaced by the integrated cash named "Liberation Cash". From that time to 1985, there have been two more currency modifications in Vietnam which led to the appearance of the current Vietnam Dong today.
Today, with the introduction of the various VND denominations of the 100 Dong, 200 Dong, 500 Dong, 1'000 Dong, 5'000 Dong, 10'000 Dong, 20'000 Dong, 50'000 Dong, 100'000 Dong, 200'000 Dong, and the 500'000 Dong banknotes, the Vietnam Dong currency has become quite arguably the worlds second most collectible foreign currency available. The VND (Vietnam Dong) even has a set of monetized coins, which have not proven to be as collectible and sought after by collectors. The Vietnam Dong currency has proven throughout time to be posess a very promising collectible value among colelctors, despite the rising and falling of the moonetary value of the curreny.