Travelers to Vietnam are allowed to bring in and take out an unlimited amount of Vietnamese dong. However, it is advisable to declare amounts exceeding 15,000,000 dong upon arrival or departure to avoid any complications.
Travelers to Vietnam can bring in and take out an unlimited amount of Vietnamese dong without any restrictions. However, it is advisable to declare amounts exceeding 15,000,000 dong upon arrival or departure to avoid any complications with customs and regulations.
Vietnamese Dong, denoted as VND, is the official currency of Vietnam. It is widely accepted throughout the country, and it is recommended to carry some local currency for day-to-day expenses during your visit. As the Vietnamese dong is a closed currency, it may not be readily available for exchange in other countries. It is more practical to exchange your currency to Vietnamese dong upon arrival at the airport, or at authorized money exchange offices and banks throughout Vietnam.
To provide a more interesting and detailed perspective, here is a quote from Ho Chi Minh, the founding father of modern Vietnam and a prominent figure in Vietnamese history:
“Money must always be subordinate to man and to the revolution. The revolution is above money.”
Interesting facts about Vietnamese dong:
- The word “dong” translates to “copper” in English, which was the material initially used to mint coins in Vietnam.
- The Vietnamese dong has a variety of denominations, including banknotes in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000, 200,000, and 500,000 dong.
- The Vietnamese dong is frequently pictorial, featuring national monuments, natural landscapes, and famous historical figures.
- The largest denomination in Vietnamese dong is the 500,000 dong banknote, which features the late President Ho Chi Minh on the front.
- Many street vendors and smaller establishments in Vietnam prefer cash payments, so it’s always handy to have smaller denominations of dong for these transactions.
Here is a table showcasing the current exchange rates of Vietnamese dong against major currencies (Please note that these rates may vary and are for reference purposes only):
| Currency | Vietnamese Dong (VND) |
|---|---|
| US Dollar (USD) | 23,000 VND |
| Euro (EUR) | 27,000 VND |
| British Pound (GBP) | 31,000 VND |
| Japanese Yen (JPY) | 210 VND |
| Australian Dollar (AUD) | 17,000 VND |
Remember to check for updated exchange rates closer to your travel date, as they can fluctuate. It is always a good idea to familiarize yourself with the current rates to have a better understanding of the value of the Vietnamese dong in relation to your home currency.
In conclusion, while there are no specific restrictions on the amount of Vietnamese dong one can bring in or take out of Vietnam, it is advisable to declare larger amounts upon arrival or departure. Carrying some local currency and exchanging money at authorized locations will ensure a smooth experience during your visit to Vietnam.
Check out the other answers I found
CURRENCY RESTRICTIONS FOR ENTRY: None. However, Vietnamese Dong in excess of VND 150,000,000 or foreign currency in excess of 5,000 U.S. dollars or equivalent must be declared.
Video answer
In this YouTube video titled “VIETNAM TRAVEL GUIDE | CURRENCY EXCHANGE SAVING MONEY TIPS | 4K”, the host provides tips on currency exchange in Vietnam. He advises against exchanging money at the airport and suggests Western Union as the best option. He recommends bringing US dollars as Vietnam Dong may not be readily available and mentions the smallest note in Vietnam is a 2000 Dong note. The host also shows various Vietnamese notes to help viewers avoid scams. He suggests exchanging leftover currency at a Western Union branch and mentions that Visa and Mastercard can be used for payments without extra charges. However, withdrawing money from ATMs may incur a small fee. The host concludes by sharing his social media platforms and asking for feedback.