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500 000 Đồng
| Issuer | State Bank of Vietnam (Ngân hàng Nhà nước Việt Nam) |
|---|---|
| Year | 2003-2021 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | National Banknote Printing Plant (Nhà Máy In Tiền Quốc Gia), Hanoi, Vietnam (1991-date)Note Printing Australia, Melbourne, Australia (1998-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CỘNG HOÀ XÃ HỘI CHỦ NGHĨA VIỆT NAM 500.000 NĂM TRĂM NGHÌN ĐỒNG 500.000 (Translation: Socialist Republic of Vietnam. 500.000. Five hundred thousand đồng.) |
| Reverse description | Log in to see details |
| Reverse lettering | 500.000 NGÂN HÀNG NHÀ NƯỚC VIỆT NAM NĂM TRĂM NGHÌN ĐỒNG 500.000 (Translation: 500.000. State Bank of Vietnam. Five hundred thousand đồng.) |
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| Comments |
Vietnam's 500,000 đồng note was the country's highest denomination when introduced in 2003, a necessary response to inflation that had steadily eroded the practical value of lower notes through the 1990s. Production was split between Note Printing Australia and Vietnam's own National Banknote Printing Plant — an arrangement that allowed domestic capacity to develop while NPA provided the polymer substrate expertise.
Polymer adoption in Vietnam followed Australia's lead; the Reserve Bank of Australia had championed the technology since 1988, and NPA became the primary exporter of the format globally. The 500,000 đồng was among the higher-value polymer notes in circulation anywhere in the world at its introduction.