Vietnamese Dong (VND) Explained: Definition, History, and Management

By Lucas Downey. Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor.

Updated December 12, 2025. Reviewed by Gordon Scott. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Fact checked by Vikki Velasquez. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area.

Key Takeaways

The Vietnamese đồng is Vietnam’s official currency, established in 1946, and abbreviated as VND.
The VND is issued by the State Bank of Vietnam in denominations.