Posted inAT Finance, China, Northeast Asia, Philippines, Singapore, South Asia, Vietnam, World

The drive to recentralize Vietnam

In a rare display of civil disobedience, drivers recently protested the opening of a new tollbooth on a southern Vietnamese highway by paying with the nation’s smallest banknote, the dreaded 100 dong bill, worth just US$0.004. Considering the toll costs range from between 35,000 and 140,000 dong, it had the intended result of arduous delays […]