The village's name comes from the Vietnamese kim (yellow) and bồng (floating), supposedly after the jackfruit wood that sometimes floats on the Thu Bồn River.
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In more recent years, woodworking as a profession fell out of favour with young people, mainly due to poor returns: the average income of a woodworker in Kim Bồng is about VND 1.5 million (US$85) per month.
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Kim Bồng was settled in the 15th century, supposedly by four soldiers from the army of Emperor Lê Lợi, who founded the Later Lê Dynasty.
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