14:06 | 07/04/2016 Finance - Banking
The State Bank of Vietnam (SBV) has announced the issuance of commemorative banknotes to mark its 65th founding anniversary (May 6, 1951).
SBV Deputy Governor Dao Minh Tu (Source: State Bank of Vietnam)
According to SBV Deputy Governor Dao Minh Tu, the commemorative banknotes, which cannot be used for payment, will feature the portrait of the late President Ho Chi Minh as well as a number of the country’s symbolic items such as the image of ancient coins, a depiction of an ancient Ngoc Lu bronze drum and a portrait of Phu Dong Thien Vuong (Saint Giong), a Vietnamese legendary hero.
The launch of the notes is intended to mark the banking sector’s remarkable development in the new era, promote Vietnam’s image to an international public and foster a sense of national pride among Vietnamese people, Tu said.
Alain Marchand from one of the banknote printing sponsors Arjowiggins Security said the notes are created using the world’s most advanced technology with a number of security features.
It will be printed on highly durable Composite Diamone paper, using security ink with colour-shifting effect and security ribbon, he added./.