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500 Đồng

Issuer State Bank of Vietnam
Year 2003
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Thickness 1.75 mm
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Obverse description The obverse features the national emblem of the Socialist Republic of Vietnam at center: a five-pointed star surmounting a cogwheel flanked by two sheaves of rice, with a ribbon bearing the inscription VIỆT NAM at the base of the emblem. The circular legend CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM curves along the upper periphery, while the date 2003 appears in the lower field beneath the emblem.
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Reverse description The reverse displays the large bold denomination numeral 500 prominently at center, with the currency unit ĐỒNG inscribed directly below in smaller lettering. A decorative stylized lotus motif occupies the lower field beneath the denomination. The legend NGÂN HÀNG NHÀ NƯỚC VIỆT NAM curves along the upper periphery, identifying the State Bank of Vietnam as the issuing authority.
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Additional information

Vietnam's shift to nickel-plated steel coinage in the early 2000s was driven by chronic underproduction of circulating coins relative to banknotes — the đồng had functioned almost entirely as a paper currency for decades, with coins so rarely seen that many Vietnamese simply refused them in daily transactions. The 500 đồng was minted in part to support smaller-denomination commerce as the country accelerated market reforms under Đổi Mới policy, though public resistance to coin use persisted well past this issue.

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