100 000 Đồng

Vietnam's 100,000 Đồng was among the first polymer notes produced domestically at the Hanoi printing plant — a deliberate political decision to demonstrate self-sufficiency in currency production after decades of contracting foreign printers. The Guardian® substrate is manufactured by CCL Secure (formerly Innovia), but the actual printing has been handled in-house since the facility acquired the necessary equipment in the early 2000s.

Counterfeiting of the earlier cotton-paper 100,000 Đồng had become a serious enough problem by the late 1990s that the State Bank accelerated the polymer transition for its highest-value notes. The P#122 series has run continuously since 2004 with no major design revision — an unusually long uninterrupted print run for a denomination at this value level.