The Vietnamese currency is the Dong (VND), with note
denominations of 200 VND, 500 VND, 1000 VND, 2,000 VND, 5,000 VND, 10,000 VND,
20,000 VND, 50,000 VND, 100,000 VND and 500,000 VND.
Coinage is incremented in values of 200 VND, 500 VND,
1,000 VND, 2,000 VND and 5,000 VND. Vietnamese currency is not currently
available at foreign exchange facilities outside of Vietnam.
As the US dollar is also widely accepted in Vietnam, it is often the most
practical currency to travel with, though it should be observed many goods can
often be purchased at slightly reduced cost in local currency.
Traveller’s cheques in US dollars, and to a lesser extent Euros, and sterling
are exchangeable into local currency at most major tourist destinations. The
most widely recognised formats are Visa, Mastercard and American Express. Most
hotels, international banks and foreign exchange agencies accept credit cards
and exchange travellers cheques and cash at reasonable rates.
The Vietcombank is the major bank for foreign trade and is found throughout
Vietnam in all the major destinations. Each branch provides an international
ATM machine and can provide a list of ATM locations throughout the country.
Especially when travelling outwith the major tourist areas, it is recommended
to carry some local currency and contingency reserve in US dollars.