Vietnam Payment Methods and Currency Exchange Guide

Vietnam’s official currency is the Vietnamese Dong (VND). Most transactions are conducted in cash, but electronic payments are increasingly accepted in urban areas. Currency exchange and payment regulations are strictly enforced.

• Official currency: Vietnamese Dong (VND)
• Payment methods: Cash is widely used; credit/debit cards (Visa, Mastercard) are accepted in hotels, large restaurants, and shops; mobile payments (Momo, ZaloPay) are common in cities.
• Contactless/mobile wallets: Apple Pay and Google Pay are not widely supported; local e-wallets (Momo, ZaloPay, ViettelPay) are popular.
• ATM availability: ATMs are common in cities and tourist areas; most accept international cards, but may charge fees (typically 1–3% per withdrawal).
• Currency exchange: Available at banks, airports, licensed exchange offices; exchange rates and fees vary. Passport required for transactions.
• Foreign currency restrictions: Large cash transactions (over VND 15 million) may require documentation. Foreign currency is not widely accepted for payments.
• Cash import/export limits: Travelers may bring in or take out up to VND 15 million (approx. USD 600) or USD 5,000 (or equivalent) without declaration. Amounts above must be declared to customs.
• Transaction fees: Foreign card surcharges (1–3%) may apply. Dynamic currency conversion may incur extra costs.
• Common issues: Some ATMs have low withdrawal limits; inform your bank before travel to avoid card blocks.
• Major banks: Vietcombank, BIDV, Techcombank, Sacombank.
• Regulations: The State Bank of Vietnam oversees currency and payment regulations. Refer to official advisories for updates.