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| 正面铭文 | CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM NĂM MƯƠI ĐỒNG 1985 |
| 背面描述 | Printed predominantly in deep green with pink guilloche ornamentation at the margins, the reverse carries a detailed engraved vignette of a large hydroelectric dam and power station — identified as the Thác Bà hydroelectric plant — set against a mountainous landscape with a broad reservoir in the background. Lotus flower ornaments appear in the lower corners alongside the numeral "50". The denomination in full, "NĂM MƯƠI ĐỒNG", is inscribed within a solid panel at the bottom of the note. |
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This note belongs to the 1985 currency reform series, through which Vietnam redenominated at a rate of 10 old đồng to 1 new — the country's second such redenomination since reunification. The reform was driven by severe inflation and a failing command economy, conditions that worsened considerably before the Đổi Mới liberalization began in 1986.
A print run of just over twelve million is modest for a circulating denomination and likely reflects the chaotic supply conditions of the period rather than any deliberate policy of scarcity. Paper quality on this series is notoriously inconsistent.