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

Title: Will Vietnam have circulation coins soon?
Post by: Pabitra on January 08, 2019, 11:19:52 AM

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.

Title: Re: Will Vietnam have circulation coins soon?
Post by: Figleaf on January 14, 2019, 04:22:47 PM

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

Title: Re: Will Vietnam have circulation coins soon?
Post by: Pabitra on May 15, 2019, 08:52:55 AM

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.