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Money & duty free for Vietnam
Exchange rates:
Dông€1 = ₫26784
£1 = ₫31338
US$1 = ₫20916
Money & Currency
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 foreign visitors without incurring customs duty:
• 400 cigarettes or 100 cigars or 500g of tobacco.
• 1.5L of alcohol over 22% volume; 2L of alcohol under 22% volume; 3L of beer or soft drinks.
• A reasonable quantity of perfume and personal belongings.
• 5kg tea; 3kg coffee
Note: Foreign currency over US$3,000 has to be declared on arrival, but the amount is unlimited.
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.
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