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In page Ngo Dinh Diem:

"

On 31 December 1954, Diệm established the National Bank of Vietnam and replaced the Indochinese banknotes with new Vietnamese banknotes.[3] In early 1955, although American advisors encouraged Diệm to negotiate with the leaders of the political-religious forces who threatened to overthrow his position and to forge an anti-communist bloc, he was determined to attack his enemies to consolidate his power.[4] In April 1955, Diệm's army forces took most of Bình Xuyên's posts in Saigon after a victory in the Battle of Saigon. Within a few months, Diệm's troops wiped out the Bình Xuyên's remnants, leaving only a few small bands, who then joined forces with the communists.[citation needed]