Yes, US dollars are widely accepted in Vietnam, especially in major tourist areas. However, it is advisable to have the local currency, Vietnamese dong, for day-to-day transactions as smaller establishments may not accept dollars.
Yes, US dollars are widely accepted in Vietnam, especially in major tourist areas. However, it is advisable to have the local currency, Vietnamese dong, for day-to-day transactions as smaller establishments may not accept dollars.
Vietnam is a country that attracts a significant number of tourists from around the world due to its rich culture, stunning landscapes, and historical sites. When it comes to currency, US dollars are generally accepted in many tourist hotspots and larger establishments such as hotels, restaurants, and upscale shops. This is primarily because the tourism industry in Vietnam caters to international visitors and finds it convenient to accept dollars.
However, it is important to note that when using dollars in Vietnam, it’s recommended to have smaller denominations as larger bills may not be easily accepted or it could be challenging to find change. Many vendors, especially in local markets and smaller business establishments, prefer transactions in Vietnamese dong, which is the official currency of Vietnam. Having the local currency handy will ensure a seamless experience when making purchases and paying for services.
A well-known resource, Lonely Planet, emphasizes the importance of Vietnamese dong for day-to-day transactions in Vietnam. They state, “Whilst US dollars might be accepted in tourist areas, Vietnamese dong is the local currency – best to have some of the local currency on hand for small purchases.”
Here are some interesting facts about currency usage in Vietnam:
- Vietnamese dong is the official currency of Vietnam and has the currency code VND.
- The dong is issued in various denominations, including banknotes of 1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000, 200,000, and 500,000 VND.
- The exchange rate between US dollars and Vietnamese dong is subject to fluctuations, so it’s advisable to check the current rates before exchanging your money.
- ATMs are widely available in Vietnam, especially in major cities, and dispense Vietnamese dong. Some ATMs also offer the option to withdraw US dollars, but it’s recommended to check with your bank for any associated fees or restrictions.
- It’s a good idea to carry a mix of cash and card options to be prepared for various situations in Vietnam.
- Money exchangers can be found throughout the country, including at airports, banks, and shopping centers. However, it’s advisable to use reputable exchange services to ensure you receive fair rates and avoid counterfeit currency.
In conclusion, while US dollars are widely accepted in Vietnam, especially in tourist areas, it is best to have Vietnamese dong for day-to-day transactions to ensure smoother interactions with local vendors. Remember to carry smaller denominations of dollars, be aware of the current exchange rates, and have a mix of cash and cards for a hassle-free experience in this beautiful Southeast Asian country. As the saying goes, “When in Vietnam, dong it right!”
Video response to your question
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.
Some additional responses to your inquiry
Vietnamese Dong or US Dollar, which is the best currency to use in Vietnam? Most payments are made with Vietnamese Dong, but US dollars can be directly used for some hotels, restaurants, tours, or other services. You may see the prices for food, drinks, and souvenirs in Ho Chi Minh City’s airport are all in US dollars.
A question that’s often asked: is USD widely accepted in Vietnam? The simple answer is “yes”! Though the official currency of Vietnam is Dong (VND), many big shops and hotels in Vietnam accept US dollars as well. When you travel to Vietnam, it’s handy if you bring some dollars.
You can use American dollars for sure, though in major tourist cities such as Hanoi, Hoi An and Ho Chi Minh City. When you get to Vietnam, you can change the currency to Vietnam Dong, which will help your shopping time a lot.
Due to the historical involvement of the United States in Vietnam and the country’s dependence on tourism, it is fair to ask, “Will my US dollars work in Vietnam?” In short, the answer is yes. In the major cities of Hanoi and Ho Chi Minh City, US dollars are widely accepted.
The official currency of Vietnam is the Vietnamese dong (VND). Because the dong is tied to the US dollar, you can use your money at most hotels and big shops. To make things easier, prices are often quoted in US Dollars in tourist areas.
The official currency in Vietnam is the Vietnamese Dong (VND). However, many shops, restaurants, hotels, etc will accept US dollars in Vietnam.
Most payments are made with Vietnamese Dong, but US dollars can be directly used for some hotels, restaurants, tours, or other services. You may see the prices for food, drinks, and souvenirs in Ho Chi Minh City’s airport are all in US dollars.
You will most likely be intrigued
Which currency is best to use in Vietnam?
The answer is: The best currency to take to Vietnam is the local currency, the Vietnamese đồng. US dollars are also highly exchangeable at local banks and currency exchange offices. However, instead of converting physical banknotes, the cheapest way to pay in Vietnam is to use a multi-currency travel debit card like Revolut or Wise.
Should I exchange money before I travel to Vietnam?
The answer is: TIP: It’s a good idea to withdraw some extra cash before travelling to remote destinations in Vietnam, especially if you want to buy crafts or textiles directly from local artisans.
Is it better to use card or cash in Vietnam?
The reply will be: Changing money elsewhere is illegal and while higher rate may be on offer you may risk losing your money. 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. ATMs are widely available in major cities and tourist areas.
How much is $100 US in Vietnam?
2366850.00000 VND
Are you overpaying your bank?
Conversion rates US Dollar / Vietnamese Dong | |
---|---|
100 USD | 2366850.00000 VND |
250 USD | 5917125.00000 VND |
500 USD | 11834250.00000 VND |
1000 USD | 23668500.00000 VND |
Can you use American dollars in Vietnam?
As a response to this: You can use American dollars for sure, though in major tourist cities such as Hanoi, Hoi An and Ho Chi Minh City. When you get to Vietnam, you can change the currency to Vietnam Dong, which will help your shopping time a lot.
How to change currency in Vietnam?
The reply will be: Most shops and stores will apply very low rate when you pay in dollars so we suggest you to avoid using the dollars whenever possible. In International airport such as Hanoi Airport or Ho Chi Minh City Airport there will be currency exchange booths for you to change the currency. Current exchange rate is 1 USD ~ 21,600 VND.
How to keep US dollars or Vietnamese dong?
The response is: Better way for you to keep both USD and Vietnam Dong because some thing you buy something on the street they need Vietnam Dong. If you would to change money, some of the good exchan rate bank : Vietcombank, Teck com bank, Agri bank , Viet Tin bankchose the big Bank to do it. Enjoy your trip !!!! 6. Re: US dollars or Vietnamese Dong
What currency do you use in Hanoi?
Im in hanoi now as a first timer use dong currency when here they give you a price in US dollars so its easier for you to convert in your head ie- $1 =20000 dong so when they say $5 it is 100000 dong just be careful of the money it has plenty of zeros in it easy to mistake 10000 with a 100000 4. Re: US dollars or Vietnamese Dong Forget US dollars.
Can you use American dollars in Vietnam?
You can use American dollars for sure, though in major tourist cities such as Hanoi, Hoi An and Ho Chi Minh City. When you get to Vietnam, you can change the currency to Vietnam Dong, which will help your shopping time a lot.
How to keep US dollars or Vietnamese dong?
Better way for you to keep both USD and Vietnam Dong because some thing you buy something on the street they need Vietnam Dong. If you would to change money, some of the good exchan rate bank : Vietcombank, Teck com bank, Agri bank , Viet Tin bankchose the big Bank to do it. Enjoy your trip !!!! 6. Re: US dollars or Vietnamese Dong
How to change currency in Vietnam?
Most shops and stores will apply very low rate when you pay in dollars so we suggest you to avoid using the dollars whenever possible. In International airport such as Hanoi Airport or Ho Chi Minh City Airport there will be currency exchange booths for you to change the currency. Current exchange rate is 1 USD ~ 21,600 VND.
Can I take out money from a foreign bank in Vietnam?
Yes. You can take out money from ATMs of many foreign banks and Vietnamese banks. ATMs are abundant in the main cities of Vietnam, especially in Hanoi and Ho Chi Minh City. Most of them are connected to the Visa/Plus and MasterCard/Cirrus networks. However, you’re recommended to use a debit card to withdraw money.