Money & duty free for Vietnam

Exchange rates:

Dông
€1 = ₫27829
£1 = ₫35157.36
US$1 = ₫21235

Currency & Money

Currency information

Dông (VND; symbol ₫). Notes are in denominations of ₫500,000, 200,000, 100,000, 50,000, 20,000, 10,000, 5,000, 2,000, 1,000 and 500. Coins are in denominations of ₫5,000, 2,000, 1,000 and 500.

Credit cards

An increasing number of outlets accept MasterCard and Visa. However, outside main towns and cities, it is wise to carry cash. There are ATMs in many major towns, but not in rural areas.

ATM

There are plenty of ATMs in major towns, but they can be scarce in rural areas. ATMs issue Dông, and the single withdrawal limit varies, depending on the bank, ranging from ₫2,000,000 to much larger amounts.

Travellers cheques

Travellers' cheques are accepted in banks, money changers and some hotels although most travellers now use debit cards because of the increased number of ATMs. It is best to take US Dollar travellers' cheques to avoid additional exchange rate charges and expect to pay a high commission.

Banking hours

Varies from bank to bank but generally Mon-Fri 0830-1600; some may close for lunch. Many banks are also open on Saturday morning; all banks are closed on Sunday.

Currency restriction

Import and export of local currency is limited to ₫15,000,000. Import and export of foreign currency over US$7,000 should be declared at customs.

Currency exchange

The US Dollar is the most favoured foreign currency. Australian, British, Japanese, Singaporean and Thai currency, as well as the Euro, can usually be changed in the larger cities; great difficulty may be encountered in trying to exchange any other currencies. There is a commission charge for changing money in banks.

Vietnam duty free

The following items may be freely imported into Vietnam by travellers without incurring customs duty:

• 400 cigarettes or 100 cigars or 500g of tobacco.
• 1.5L of spirits over 22% volume or 2L of fortified wines or liqueurs under 22% volume or 3L of other alcoholic drinks.
• 5kg of tea and 3kg of coffee.
• Other goods to the value of ₫5,000,000.

Banned imports

The importation of non-prescribed drugs, firearms, anti-government literature and pornography is prohibited. CD and tapes can be kept for screening and then returned after a few days.

Banned exports

All banned imports are also prohibited from being exported, as are antiques and endangered species. You must receive a permit from the state bank to export more than 300g of gold.

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