The amount of cash you should take to Vietnam depends on your personal preferences and expenses. It is recommended to have a mix of cash and cards, with around $100-200 in cash per week as a rough estimate for daily expenses, transportation, and small purchases.
When planning a trip to Vietnam, it is essential to consider how much cash to bring for your expenses. While carrying a mix of cash and cards is advisable, having a sufficient amount of cash ensures you are prepared for various situations, especially in areas where card payments may not be widely accepted. While the exact amount will depend on your preferences and spending habits, a rough estimate of $100-200 in cash per week should cover your daily expenses, transportation, and small purchases.
To delve deeper into the topic, let’s explore some interesting facts about Vietnam and gain insights from a famous figure:
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Currency: The official currency in Vietnam is the Vietnamese dong (VND). It is advisable to have smaller denominations, as it is more convenient for day-to-day transactions.
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ATM Availability: ATMs are widely available in major cities and tourist areas in Vietnam. However, it is important to notify your bank beforehand about your travel plans to avoid any issues with card usage and withdrawals.
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Acceptance of Cards: While credit and debit cards are becoming more accepted in Vietnam, it is advisable to carry cash for smaller vendors, local markets, and rural areas. Cards are commonly accepted in hotels, restaurants, and larger establishments.
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Currency Exchange: It is recommended to exchange currency at authorized banks or reputable exchange bureaus to ensure fair rates and avoid counterfeit notes.
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Cost of Living: Vietnam offers a relatively affordable cost of living compared to many Western countries. Prices may vary depending on the region, with major cities being slightly more expensive.
Reflecting upon this topic, renowned entrepreneur Tony Hsieh once said, “You should always have money in the bank and have a cushion in your business in case things don’t go well.” This quote resonates with the idea of being prepared and having enough cash on hand while traveling to ensure a smooth and enjoyable experience in Vietnam.
In conclusion, having a combination of cash and cards is advisable when visiting Vietnam, but having around $100-200 in cash per week as a rough estimate can cover your daily expenses, transportation, and small purchases. Remember to consider your own spending habits and preferences when determining the amount of cash to bring. Safe travels!
Table: Estimated Expenses in Vietnam (weekly)
| Expense | Estimated Cost (in USD) |
|---|---|
| Accommodation | $30-80 |
| Food and Drinks | $20-40 |
| Transportation | $10-20 |
| Sightseeing and Activities | $10-30 |
| Miscellaneous Expenses | $30-50 |
Additional responses to your query
For a more comfortable backpacker experience in Vietnam, it’s best to budget around $50 per day. This way, you’ll have more money to spend on things like food, drinks, activities and hotel rooms. For a comfortable mid-range experience in Vietnam, it’s best to budget $60 to $100 per day for your entire costs.
5,000 US dollars
But how much cash are you supposed to bring for your trip to Vietnam? While there’s technically no legal limit on the amount of money you’re allowed to bring into the country, you are required to declare your money if you are carrying an amount that’s equivalent to 5,000 US dollars and above. This applies to all kinds of currency.
Response to your question in video format
The YouTuber discusses the financial aspect of moving to Vietnam, suggesting a budget of at least $2,000 per month for a comfortable lifestyle. However, he emphasizes that everyone’s situation is different and personal research is necessary. He mentions the lower cost of living compared to the U.S. and affordable healthcare in Vietnam as additional factors to consider.
I’m sure you’ll be interested
In this manner, How much cash should you carry in Vietnam?
Response: Lawfully and legally speaking, under the provisions of Article 2 of Circular 15/2011/TT-NHNN: If you bring over $5,000 US Dollars, other foreign currencies of the same value (or 15,000,000 Vietnamese Dong, you’re going to have to declare it at customs when you get here.
In this regard, Should I bring cash to Vietnam?
In reply to that: Credit cards are widely accepted but, in rural areas particularly, you should carry cash as a back-up. It may be difficult to cash travellers’ cheques.
Furthermore, How much cash do you need for 2 weeks in Vietnam? As an answer to this: A country with stunning mountain ranges and rice paddies, Vietnam is an affordable country that can be visited with a budget of $30 to $100 USD a day. My almost two-week trip to Vietnam cost a total of $1,251 USD. In this post, I share: 💰 Vietnam expected costs.
Considering this, How much money should I take to Vietnam for a week? The response is: Recap
| Luxury budget (for 1 person) | Medium Budget (for 1 person) | |
|---|---|---|
| Total (for 1 day) | approximately $310 and up | approximately $95 and up |
| Total (for 1 week) | approximately $2100 and up (including going on tour everyday and one souvenir item) | approximately $630 and up (including going on tour everyday and one souvenir item) |
How much cash should you bring to Vietnam? But how much cash are you supposed to bring for your trip to Vietnam? While there’s technically no legal limit on the amount of money you’re allowed to bring into the country, you are required to declare your money if you are carrying an amount that’s equivalent to5,000 US dollars and above.
Additionally, How much does it cost to travel to Vietnam?
The response is: Your money will go along way in Vietnam. Accommodation, food and tourist activities cost a fraction of the price of what they cost in the US. If you want a travel on a backpacker’s budget, $40 or less a day will do. For a more comfortable trip, you can budget $60 to $100 per day.
Keeping this in view, Where can I exchange currency in Vietnam?
In reply to that: Major currencies can be exchanged practically anywhere in Vietnam, but not all exchange facilities are created equal. Banks and airport moneychangers can change your money at a high cost relative to a jewelry shop in Hanoi’s Old Quarter, so it pays to ask around before trading dollars for dong. Banks.
Hereof, Can you get a cash advance in Vietnam?
In reply to that: Cash rules in Vietnam, though credit cards are accepted in many restaurants, hotels, and shops in Vietnam’s big cities. Visa, Master Card, JBC and American Express are the most common credit cards honored in Vietnam. You can use ATMs to get cash advances on your credit cards; in a pinch, you can visit Vietcombank to get an advance over the counter.
Correspondingly, How much cash should you bring to Vietnam?
But how much cash are you supposed to bring for your trip to Vietnam? While there’s technically no legal limit on the amount of money you’re allowed to bring into the country, you are required to declare your money if you are carrying an amount that’s equivalent to5,000 US dollars and above.
How much does it cost to travel to Vietnam?
Response will be: Your money will go along way in Vietnam. Accommodation, food and tourist activities cost a fraction of the price of what they cost in the US. If you want a travel on a backpacker’s budget, $40 or less a day will do. For a more comfortable trip, you can budget $60 to $100 per day.
How much does food cost in Vietnam? Answer: Fabulous food and drink in Vietnam can be incredibly cheap if you know the best places to get street food in Vietnam. A bowl of pho or bun bo hue bought on the street should cost between $1-$2. The same goes for com ga or chicken and rice. A beer shouldn’t set you back more than $2 and should generally be closer to $1.
Secondly, Where can I exchange currency in Vietnam?
Major currencies can be exchanged practically anywhere in Vietnam, but not all exchange facilities are created equal. Banks and airport moneychangers can change your money at a high cost relative to a jewelry shop in Hanoi’s Old Quarter, so it pays to ask around before trading dollars for dong. Banks.