Yes, USD is widely accepted in Vietnam, particularly in tourist areas, luxury hotels, and some larger businesses. However, it is recommended to carry Vietnamese Dong (VND) for smaller purchases and to avoid potential exchange issues.
Yes, USD is widely accepted in Vietnam, particularly in tourist areas, luxury hotels, and some larger businesses. However, it is recommended to carry Vietnamese Dong (VND) for smaller purchases and to avoid potential exchange issues.
Vietnam is a country that has seen a significant growth in tourism over the years, attracting millions of visitors from all around the world. As a result, many establishments in popular tourist areas have made it convenient for travelers by accepting USD as a form of payment. This includes not only hotels, restaurants, and souvenir shops but also travel agencies, tour guides, and transportation services. The acceptance of USD is especially prevalent in cities like Hanoi, Ho Chi Minh City, Da Nang, and Hoi An.
However, it is important to note that outside of the major tourist hubs, it becomes increasingly necessary to use the local currency, Vietnamese Dong. Smaller businesses, local markets, street vendors, and public transportation generally require payment in VND. Carrying some Vietnamese Dong notes in various denominations is advisable to ensure you can make purchases easily.
A quote from Mark Twain comes to mind when considering the use of USD in Vietnam, “Travel is fatal to prejudice, bigotry, and narrow-mindedness.” Indeed, embracing local currencies and customs when traveling can enhance the experience, allowing for a deeper connection with the people and culture of a country.
Here are some interesting facts about using foreign currency in Vietnam:
- Vietnamese Dong is the official currency of Vietnam and its symbol is “₫”.
- The US dollar has been unofficially used in Vietnam for many years, especially after the normalization of diplomatic relations between the two countries in 1995.
- The exchange rate between USD and VND fluctuates, so it’s advisable to check the current rate before making any currency exchanges.
- Apart from USD, some hotels and businesses may also accept other major foreign currencies like the Euro, British Pound, Australian Dollar, and Japanese Yen.
- The State Bank of Vietnam is responsible for issuing and managing the Vietnamese Dong, ensuring its stability and controlling inflation.
- When exchanging foreign currency for Vietnamese Dong, it is recommended to do so at authorized money exchange counters or banks to ensure fair rates and avoid counterfeit money.
To summarize, while USD is widely accepted in Vietnam’s tourist areas and larger establishments, having local currency, Vietnamese Dong (VND), is important for smaller purchases and convenience throughout the country. Embrace the opportunity to delve into the local culture, cuisine, and customs by using VND, and remember Mark Twain’s wise words about the transformative power of travel.
Now, let’s take a look at a simplified table showcasing the acceptance of USD in Vietnam:
Location/Establishment | Acceptance of USD |
---|---|
Tourist areas | Widely accepted |
Luxury hotels | Widely accepted |
Large businesses | Widely accepted |
Restaurants | Widely accepted |
Souvenir shops | Widely accepted |
Travel agencies | Widely accepted |
Tour guides | Widely accepted |
Transportation services | Widely accepted |
Local markets | Generally not accepted |
Small businesses | Generally not accepted |
Street vendors | Generally not accepted |
Public transportation | Generally not accepted |
Please note that this table provides a general understanding and acceptance of USD can vary depending on individual establishments and circumstances.
See the answer to your question in this video
This video provides a quick method to convert Vietnamese prices into USD. The speaker advises removing four zeros from the price and dividing by two to obtain the approximate value in dollars. He emphasizes using this method for local transactions, while cautioning to check official exchange rates for banking or money conversions.
Some further responses to your query
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.
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.
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.
Furthermore, people are interested
Likewise, What is the best currency to bring to Vietnam? 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.
Likewise, How much is $100 US in Vietnam? Response will be: 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 |
Furthermore, How much USD should i bring to Vietnam? 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 $100 per day for your entire costs.
Should I carry USD or Dong to Vietnam?
Response to this: Vietnamese Dong or US Dollar, which is the best currency to use in Vietnam? Most payments are made with Vietnamese Dong, but US dollars can be directly used for some hotels, restaurants, tours, or other services. You may see the prices for food, drinks, and souvenirs in Ho Chi Minh City’s airport are all in US dollars.
Thereof, Can you use American dollars in Vietnam? You can use American dollars for sure, though in major tourist cities such as Hanoi, Hoi An and Ho Chi Minh City. When you get to Vietnam, you can change the currency to Vietnam Dong, which will help your shopping time a lot.
Just so, How to change currency in Vietnam?
Response: Most shops and stores will apply very low rate when you pay in dollars so we suggest you to avoid using the dollars whenever possible. In International airport such as Hanoi Airport or Ho Chi Minh City Airport there will be currency exchange booths for you to change the currency. Current exchange rate is 1 USD ~ 21,600 VND.
Just so, Can I withdraw USD in ATMs in Vietnam?
Response to this: No, and you lose if you use USD in Vietnam. Those who do use USD receive their change in VND! Ho Chi Minh City… 2. Re: Do your ATMs in Poland issue US$ or the currency if your country Poland? Vietnamese Dong is the currency in Vietnam. 3. Re:
Also, Can I buy Vietnamese dong in the US?
The response is: While you’ll get a better rate if you wait to get Vietnamese dong in Vietnam, you can purchase dong in the US from your bank or a foreign exchange provider like Travelex. If you’re flying into Vietnam directly, and you want to get a visa on arrival (VOA), be ready with cash to pay the fee when you pass through customs.
Similarly one may ask, Can you use American dollars in Vietnam? The response is: 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.
Subsequently, 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.
Additionally, Can I withdraw USD in ATMs in Vietnam? No, and you lose if you use USD in Vietnam. Those who do use USD receive their change in VND! Ho Chi Minh City… 2. Re: Do your ATMs in Poland issue US$ or the currency if your country Poland? Vietnamese Dong is the currency in Vietnam. 3. Re:
Besides, Can I buy Vietnamese dong in the US?
Response will be: While you’ll get a better rate if you wait to get Vietnamese dong in Vietnam, you can purchase dong in the US from your bank or a foreign exchange provider like Travelex. If you’re flying into Vietnam directly, and you want to get a visa on arrival (VOA), be ready with cash to pay the fee when you pass through customs.