national monetary unit is the dông (20,000 dông
is equal to approximately U.S.$1). Bank Notes currently
in circulation are in denominations of 10,000, 20,000,
50,000 and 100,000 Dong. The U.S. dollar is more or
less a second currency in Vietnam. It is the one foreign
paper that is readily accepted in the country. A large
supply of US$1, US$5 and US$10 are almost essential
for tipping, for small expenses and for hotel bills.
U.S. dollars are your best bet
and are so common that change will frequently be given
in dollars. Traveler’s checks work also. You may
bring in an unlimited amount of foreign currency as
long as it is declared on the forms provided by customs
There are three different ways
foreign currency can be exchanged for dong:
The banks offer the best rates,
but the exchange bureaus are generally more conveniently
located and have longer opening hours.
- At a bank.
- Through authorized exchange bureaus.
- At a hotel reception desk.