The State Bank of Vietnam published a notice rebutting information circulating on social networks that it plans to eliminate Vietnamese currency denominations from VND 1,000 to VND 5,000, stating the claims are inaccurate and have no legal basis. Currency issuance, management and circulation will continue to be carried out in accordance with the law, based on meeting the economy’s payment needs and social realities while protecting the legitimate rights and interests of individuals and businesses. The central bank also asked organizations and individuals not to post or share inaccurate information about any expected removal of these denominations, warning that violations will be handled in accordance with the law.
State Bank of Vietnam 2026-01-23
State Bank of Vietnam denies social media claims it will remove VND 1,000 to VND 5,000 denominations
The State Bank of Vietnam refuted social media claims about eliminating currency denominations from VND 1,000 to VND 5,000, affirming these claims lack legal basis and urging against spreading such misinformation. Currency management will proceed as per legal requirements, and violations will be legally addressed.