Let’s talk money
Before you visit anywhere new, it’s a good idea to find out about the currency and exchange rate, and how you can get hold of cash or use your credit card while you are away. Here you’ll find some useful information about currency and making money transactions in the Vietnam to help make your.
Currency & exchanging money
Vietnam’s unit of currency – the Vietnam Dong(sterling) – VND. The symbol for the pound sterling is VND.
The Vietnamese monetary system
Vietnamese money based on the decimal system . Coins have been most disappear and become Kid toy. Notes have the values of:
- VND 1.000, VND 2.000, VND 5.000, VND 10.000, VND 20.000,
- VND 50.000, VND 100.000, VND 200.000, and VND 500.000
- Rates of Vietnam Dong/ US = 22,330/1
Bringing money to the Vietnam
You can bring in and take out bank notes, travellers’ cheques, letters of credit etc. in any currency and up to any amount.
Changing money & exchange rates
Foreign currency can easily be exchanged at banks, post offices, some hotels and Bureau de Change kiosks, which are found at international airports and most city centers.
Bank opening hours
Banks are generally open from 08:30 to 16:30 Monday to Friday. However, opening hours are can differ considerably from branch to branch. All banks are closed on public holidays and some banks in Vietnam close for an hour at lunchtime. Many banks have 24-hour banking lobbies where you can access a range of services via machines. Visitors from overseas should check with their own bank whether they will be able to gain access to these facilities.
Obtaining money when banks are closed
Some banks are open on Saturdays and a few are open for a few hours on Sundays. If you need Vietnamese currency when the banks are closed, you can obtain it at larger high-street travel agents, in exchange offices in large department stores, at counter desks in larger hotels or at one of the many independent Bureau de Change. Regulations require all Bureau de Change to clearly display all exchange rates and full details of any fees and rates of commission.
ATMs (cash machines)
You’ll find Automated Teller Machines (ATM), or cash machines, as we often call them, at most banks, high streets and shopping centres. You can use international credit cards, debit cards and bank cards at ATMs providing they have a four-digit PIN encoded. As a general rule, any cash machine that displays the Visa badge can be used by Plus cardholders and those displaying the MasterCard badge can be used by Cirrus cardholders.
All credit cards that bear the Visa, MasterCard or American Express logo are widely accepted in Vietnam. If your card does not bear one of these logos, you should ask the retailer in advance if you can use it, or check if your card’s logo is displayed at the payment area. You should be aware that retailers can charge more for goods and services bought by credit card, but they must display a clear indication if any price increase applies.
Credit card fees in Vietnam from 1,8 – 3,3% depend on which card to you use
Price guide & tipping
When you visit a new country, it’s always hard to know how much you should expect to pay for things, or the correct etiquette for tipping. Here we’ve given you some general prices for common items and advice on when and how much to tip to make it a little easier for you.
General product price guide
Here is a general price guide for a few common items:
- A hotel breakfast USD 5-USD 15
- Dinner (3-course, no wine) USD 10- USD 45
- Lunch snack/sandwich USD 1-USD 2
- Cafe lunch USD 1 -USD 10
- Hamburger USD 2
- Cappuccino USD 1-USD 3
- Can of Coke USD 0,25
- Pint of beer in a pub USD 1 -USD 2
- Glass of wine in a pub USD 2-USD 5
- Single cash bus ticket USD 0,05
- Taxi : 1 km = USD 0.6
- Richshaw 1km = USD 1
- 1 big bottle of water = 1,5 litter = USD 0,5
- Laundy = USD 2 / 1kg based in hotel 3star and Laundy at street