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Vietnam Currency and Duty Free Information

Currency information:
Dong (VND; ₫ icon). Notes are in denominations such 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:
A growing number of stores accepted MasterCard and Visas. However, outside the main towns and cities, it is wise to carry cash. There are ATMs in many major towns, but not in rural areas.


ATMs:
There are many ATMs in major towns, but they may be scarce in rural areas. ATM's Eastern can be problematic, and only withdrawal limits vary, depending on the bank, ₫ 2,000,000 is generally the largest amount.


Travellers cheques:
Travellers' cheques are accepted in banks, money changers and some hotels even though most visitors use debit cards because of the increasing number of ATMs. It is best to choose U.S. Dollars to avoid poor exchange rate charges and supplements will be charged a higher commission.


Bank hours:
Vary from bank to bank, but they are generally Monday-Friday 0830-1600; some may be closed for lunch. Many banks also open on Saturday mornings, but all banks are closed on Sundays.


Currency restrictions:
Import and export of local currency are limited to ₫ 15,000,000. Import and export of foreign currency over $7,000 must be declared at customs.


Currency exchange:
U.S. Dollars is the foreign currency of choice. Australian, British, Japanese, Singapore and Thailand's currency, as well as Euros, can usually be changed in the big cities, but you are likely to encounter difficulties in trying to exchange any other currency. There is a commission fee to change money at banks.


Vietnam duty free
The following items can be freely imported into Vietnam by foreign visitors without incurring customs duty:
• 200 cigarettes
• 100 cigars or 500g tobacco
• 2L alcohol
• A reasonable quantity of perfume and personal belongings
Note: Foreign currency above $3,000 must be declared on arrival, but there is no limit.


Prohibited Imports:
The import of prescribed drugs, weapons, anti-government material and pornography is prohibited. CDs and tapes can be kept for inspection and then returned after a few days.

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