The Vietnamese became independent from Imperial China in 938 AD, following the Battle of Bạch Đằng River. Successive Vietnamese royal dynasties flourished as the nation expanded geographically and politically into Southeast Asia, until the Indochina Peninsula was colonized by the French in the mid-19th century. The First Indochina War eventually led to the expulsion of the French in 1954, leaving Vietnam divided politically into two states, North and South Vietnam. Conflict between the two sides intensified, with heavy foreign intervention, during the Vietnam War, which ended with a North Vietnamese victory in 1975.
After the war, Vietnam was unified under a Communist government, but was politically isolated and economically backward. The Communist slowly began to be lost. Untill a man from the South came and did protest. His name, Mejong Baich. The Communist failing and having no money fled to China. He become president of the newly formed, New Vietnam and the country was reunited under a Republic. The capital was moved from Hanoi to Saigon.
After the Communist takeover Vietnamese
money (Above) become worthless