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What is the currency of the republic of vietnam

Vietnam currency

The Dong currency is the currency officially circulated in the Republic of Vietnam at the present time, knowing that it is one of the non-convertible currencies. The adoption of this currency in the Republic of Vietnam dates back to May 3 of the year one thousand nine hundred and seventy-eight AD, by the Bank. Of the Republic, it is symbolized by the symbol ₫, and is divided into ten hams.

Economy of Vietnam

The economic history of the Republic witnessed radical transformations in terms of economic reforms after the end of the war there, specifically in 1986 AD, during which the Vietnamese economy was transferred from a planned economy to a command economy, in preparation for involvement in the network of economic globalization through small and medium-sized enterprises, noting that Vietnam It is distinguished by its agricultural capabilities that attract foreign interest in the East Asian region.

Vietnam website

The Republic of Vietnam is located in the southeastern part of the continent of Asia, where it is bordered by China to the northern part, and both Laos and Cambodia to the western part. The origins of its population go back to Kinh, and it is noted that there is an ethnic Chinese sect whose origins go back to the Ho Chi Minh region, specifically from Guangdong Province.

Religion of Vietnam

Buddhism is the official religion in the Republic, embraced by at least 85% of the Vietnamese people. Catholicism comes in second place, followed by the Cao religion, along with both Christian and Islamic religions, which are embraced by a small number of individuals in the southern and central parts of Vietnam.

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Vietnam culture

The Republic of Vietnam was greatly influenced by the culture of southern China, as it is one of the tributary countries of China, where Confucianism is considered the basis of the Vietnamese, and with regard to the language, the people of Vietnam speak the Vietnamese language, which is interspersed with many Chinese terms. Despite this, it is noted that there is a clear distinction between the Vietnamese culture and the Chinese. Because it embraced the cultural models of neighboring civilizations, including Hindu civilization, and was imprinted with some customs left by French colonialism, such as drinking coffee and baguettes.

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