World of Coins
Modern Asian coins, pseudo coins and trade tokens => Other South-East Asia => Topic started by: Pabitra on January 08, 2019, 11:19:52 AM
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See
https://english.thesaigontimes.vn/65400/central-bank-to-stop-printing-small-currency-notes-for-tet.html
Not printing smaller notes during Tet means that life of smaller notes has become very short and thus they have lost viability.
Will this lead to issue of new denomination circulation coins?
Last series was issued in 2003.
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As the article linked to put it:
This is the seventh consecutive year that the central bank has adopted this stance.
Therefore, this is non-news, no change.
Peter
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Have given up on present series.
Have identified the reason for failure ( although personally, I do not agree with that)
See
Vietnam to auction unused coin currency as scrap - VnExpress International (https://e.vnexpress.net/news/business/economy/vietnam-to-auction-unused-coin-currency-as-scrap-3923225.html)
Will they make another attempt is the most important question.