Should I get Dong before going to Vietnam?

Planning a Trip to Vietnam: Currency Considerations

When embarking on a journey to Vietnam, travelers should familiarize themselves with the local currency and its implications for their travel experience. The official currency of Vietnam is the Vietnamese Dong (VND).

Advantages of Using Vietnamese Dong:

• Local Transactions: VND is necessary for most transactions within Vietnam, including small purchases at local markets, street food stalls, and smaller businesses.
• Better Exchange Rates: Exchanging US dollars upon arrival in Vietnam can yield more favorable rates compared to exchanging currency before departure.

Advantages of Carrying US Dollars:

• Widely Accepted: US dollars are widely accepted in popular tourist areas, making them a convenient backup for transactions where VND is not accepted.
• Emergency Use: Having some US dollars on hand can provide a safety net in case of unexpected situations or card issues.

Recommendation:

While carrying predominantly VND is ideal for local transactions, bringing a small amount of US dollars in small denominations is advisable. This provides flexibility and a safety net for transactions in popular tourist areas or in case of emergencies.

Exchanging Currency in Vietnam:

• Upon Arrival: Currency exchange booths are readily available at airports and major tourist hubs. Travelers should compare rates at multiple booths before exchanging money.
• Banks and ATMs: Banks and ATMs offer currency exchange services, but may charge higher fees.

Tips:

• Declare all foreign currency upon arrival in Vietnam.
• Avoid exchanging currency on the black market.
• Keep receipts for currency exchanges for proof of transactions.
• Be aware of counterfeit currency, especially when exchanging money outside of official channels.