If you’re planning a trip to Vietnam, one of the most common questions that may come to mind is: what currency should I take to Vietnam? This guide provides all the information you need about the local currency, foreign exchange options, and the best way to handle money while exploring this beautiful Southeast Asian country.
Understanding Vietnam’s Currency
The official currency of Vietnam is the Vietnamese đồng (VND). It is symbolized as “₫”. Due to the high denomination numbers, it may take a little while to get used to the large figures.
For example:
- 10,000 VND is roughly 0.40 USD
- 100,000 VND is about 4 USD
- 500,000 VND is approximately 20 USD
What Currency Should I Take to Vietnam?
So, what currency should I take to Vietnam? The answer is simple: take US dollars, euros, or other widely accepted currencies such as the British pound, Australian dollar, or Canadian dollar. These are easy to exchange in Vietnam.
However, US dollars are the most commonly accepted foreign currency and usually get the best exchange rates. You can bring cash and exchange it upon arrival or withdraw Vietnamese đồng directly from ATMs once you’re in the country.
Can I Pay With US Dollars in Vietnam?
In most cases, you cannot use US dollars to pay for goods and services in Vietnam. Some luxury hotels or tour agencies in tourist hotspots like Ho Chi Minh City or Hanoi may accept USD, but this is the exception rather than the rule. It’s always better to use the local currency to avoid confusion and unfavorable exchange rates.
Where to Exchange Currency in Vietnam
When asking what currency should I take to Vietnam, it’s also important to consider where to exchange money. Vietnam offers several safe and convenient options:
1. Banks
Most banks offer competitive exchange rates and are a safe place to exchange money. Some reliable banks include:
- Vietcombank
- BIDV
- ACB
- Techcombank
Bank branches are easy to find in cities and tourist areas. Be sure to bring your passport for identification.
2. Currency Exchange Counters
Licensed currency exchange counters, especially in major cities or near airports, also provide good rates. Just make sure the exchange booth is legitimate—avoid exchanging money on the street.
3. ATMs
Vietnam has a vast ATM network, and withdrawing cash is often the easiest and safest option. Most ATMs accept Visa and Mastercard. However, keep in mind:
- There may be withdrawal limits (often between 2–5 million VND per transaction)
- Fees may apply from both the local bank and your home bank
4. Hotels
Some hotels offer currency exchange services, but their rates are usually less favorable than banks or exchange counters. It’s convenient in an emergency but not recommended for large amounts.
Tips for Exchanging Currency in Vietnam
- Bring clean, undamaged bills. Torn or marked bills might be rejected.
- Exchange only what you need. Exchanging too much may leave you with unused dong that’s hard to exchange back.
- Keep small denominations. Many local vendors don’t have change for large bills.
- Count your money carefully. Always double-check the amount before leaving the counter.
Using Cards and Digital Payments
Vietnam is increasingly adopting digital payments, but cash is still king, especially in rural areas or small businesses.
Credit and Debit Cards
Visa and Mastercard are widely accepted at:
- Hotels
- Upscale restaurants
- Shopping malls
- Travel agencies
However, expect a 3–4% surcharge for card payments in many places. Always inform your bank before traveling to avoid having your card blocked for suspicious activity.
Mobile Payments
Apps like Momo, ZaloPay, and VNPay are gaining popularity among locals, but they may not be accessible to international travelers unless you have a Vietnamese bank account.
How Much Cash Should You Carry?
Once you’ve answered the question what currency should I take to Vietnam, it’s time to think about how much cash to carry on a daily basis.
Vietnam is an affordable destination. Here are rough daily expenses:
- Street food meal: 40,000–80,000 VND ($1.5–3.5)
- Mid-range restaurant meal: 100,000–250,000 VND ($4–10)
- Coffee: 25,000–60,000 VND ($1–2.5)
- Taxi ride (short): 50,000–100,000 VND ($2–4)
- Entrance fees: 30,000–150,000 VND ($1.5–6)
A daily cash amount of 500,000–1,000,000 VND ($20–40 USD) is usually enough for meals, transport, and small purchases. Keep larger amounts stored safely in your hotel or a money belt.
Should You Exchange Money Before Arriving in Vietnam?
It’s not necessary to exchange a large amount before your trip. You can bring $100–200 in cash for emergencies or initial expenses like transportation from the airport. Once in Vietnam, you’ll find plenty of options for currency exchange.
Final Thoughts
To sum up, if you’re wondering what currency should I take to Vietnam, the best option is to bring US dollars or another major currency like the euro or pound sterling, then exchange them for Vietnamese đồng once you arrive. Rely on reputable banks, licensed exchange counters, or ATMs for safe transactions. While cards are accepted in some places, cash remains essential for day-to-day spending.
Vietnam offers incredible experiences, from delicious street food to breathtaking landscapes—and with the right currency in hand, you’ll be able to enjoy every moment of your journey with peace of mind.
So now that you know what currency should I take to Vietnam, all that’s left is to pack your bags and get ready for an unforgettable adventure!