100 Đồng

Vietnam's 1992 note series was issued as the country was three years into Đổi Mới — the economic reform program that dismantled central planning and opened Vietnam to foreign investment. The State Bank needed a functioning currency infrastructure to accompany liberalization, and this series was part of that quiet institutional rebuilding.

P#105 is among the smaller-denomination notes of the series and circulated heavily enough that worn examples vastly outnumber uncirculated ones in the market.