Information about the Vietnam Dong
Currency
Dong (VND). Notes are in denominations of VND500,000, 100,000, 50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 200 and 100. Coins are in denominations of VND5000, 2000, 1000, 500 and 200.
Currency exchange
The US Dollar is the most favoured foreign currency. Australian, British, Japanese, Singaporean and Thai currency, as well as the Euro, can usually be changed in the larger cities; great difficulty may be encountered in trying to exchange any other currencies. There is a charge for changing money in banks.
Credit & debit cards
An increasing number of outlets accept MasterCard and Visa. However, outside main centres, it is wise to carry cash.
Traveller's cheques
These are widely accepted in hotels and banks. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Euros.
Currency restrictions
Import and export of local currency is prohibited. Import and export of foreign currency over US$3000 is subject to declaration. Proof of all expenses should be kept.
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