VND200,000 and VND10,000 polymer notes to be circulated

The State Bank of Vietnam on August 15 announced that new VND200,000 and VND10,000 polymer notes will be officially put into circulation as of August 30 under the Government’s decision.

The VND200,000 polymer note is brownish red, measuring 148mm x 65mm. The front side of the note is imprinted with the words Cong hoa Xa hoi Chu nghia Viet Nam (Socialist Republic of Vietnam), the national coat of arms, a portrait of President Ho Chi Minh and the nominal value in both numerals and letters.

The back side of the note is imprinted with the words Ngan hang Nha nuoc Viet Nam (State Bank of Vietnam), the image of Ha Long bay, the nominal value and decorative pattern.

The VND10,000 polymer note is dark brown on the yellow and green background, measuring 132mm x 60mm. The front side of the note is imprinted with the words Cong hoa Xa hoi Chu nghia Viet Nam (Socialist Republic of Vietnam), the national coat of arms, a portrait of President Ho Chi Minh and the nominal value in both numerals and letters.

The back side of the note is imprinted with the words Ngan hang Nha nuoc Viet Nam (State Bank of Vietnam), the image of oil exploitation, the nominal value and decorative pattern.

The issuance of the new polymer notes aims to prevent counterfeit notes, and improve the durability of notes in circulation, thus meeting payment demands in the national economy. The new banknotes will be used alongside the current VND10,000 cotton notes.

(Source: VOV)