King who borrowed heavily and earned the nickname ‘Debt Lord’ throughout Vietnam’s history

Discover the life of the King nicknamed "Lord Chom" in the following article.

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Le Trang Tong (1533-1548) is a king of the Later Le Dynasty in Vietnamese history, whose real name is Le Duy Ninh. He is also affectionately known as Chom by the people. There are many folk legends surrounding the life of King Le Trang Tong, especially the legend of his humble origins. Le Trang Tong is the son of King Le Chieu Tong. When Mac Dang Dung usurped the throne of the Le Dynasty, he and his mother had to flee to Ai Lao for refuge. In 1533, the courtiers welcomed him back as the king to resist the Mac Dynasty and restore the Le dynasty. Because he was called Chom when he was young, the common people often called him “Chua Chom” (The Chom Lord).

According to legend, King Le Trang Tong grew up in poverty, and had to work daily to support himself and his mother. Due to being poor, he often ate at street vendors. When he was still living among the people, Le Duy Ninh was also known as Chom, who was very poor and had to borrow money to survive. Later, when he became king, Lord Chom returned to the imperial capital Thang Long, where he was carried through the old village, where he and his mother had taken refuge.

Because he couldn’t remember who owed him how much money, and there were people who didn’t owe him anything coming to demand money, King Le Trang Tong decided to exempt taxes for the people in the region for a year, as a way to repay his old debts. The court also issued a decree prohibiting people from pointing fingers at the king when demanding debts. Therefore, the small road that the king used to walk on was called Cam Chi (Prohibited Finger) and still exists in Hanoi to this day.

Some little-known facts about the alley called “Cam Chi”

A short passage connecting Tong Duy Tan Street and Hang Bong Street, with a length of just over 20 meters, carries the name “Cam Chi”.

Over the years, the Cam Chi alley has become more bustling with numerous eateries, but it still retains the distinctive characteristics of a street associated with many legends. The architecture of the houses here bears the style of the late 19th century, with a blend of modern and ancient elements.

The Cam Chi alley connects with Tong Duy Tan Street, creating a bustling dining area with a series of restaurants serving various dishes from the North to the South, such as rice, noodles, porridge, noodles, hot pots, etc., but the prices are quite high.

Every time the lights come on, the Cam Chi alley has its own beauty, with a variety of delicious dishes and intriguing stories. This is a must-visit tourist destination whenever you come to Hanoi.

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Frequently asked questions

The king in question was Minh Mang, the second emperor of the Nguyen Dynasty, who ruled from 1820 to 1840. He was known for his extravagant spending and ambitious construction projects, which led to significant debt for the Vietnamese government.

King Minh Mang borrowed heavily to fund his grand vision for the country. This included building and renovating numerous palaces, temples, and mausoleums, as well as funding large-scale festivals and ceremonies. He also spent significant amounts on military campaigns and maintaining a lavish lifestyle for himself and his court.

The king’s heavy borrowing had a significant impact on Vietnam’s economy. It led to high inflation and increased taxes, which caused widespread hardship for the people. There were also instances of corruption and misuse of funds, further damaging the country’s financial stability.

Contemporary historians and officials had mixed reactions to King Minh Mang’s spending. Some praised his ambition and vision, while others criticized his extravagance and the negative impact it had on the country’s finances. The people of Vietnam also suffered as a result of the heavy taxes and inflation, which led to discontent and unrest in some areas.

King Minh Mang’s successors, especially his son Thieu Tri, inherited the financial burdens of his reign. They attempted to reform the country’s finances and reduce spending, but it was a challenging task due to the extent of the debt. The nickname ‘Debt Lord’ stuck with King Minh Mang, and he is still remembered for his extravagant rule and the economic challenges it brought to Vietnam.