Cash withdrawal and exchange
If you are traveling to Vietnam, you will need to exchange your currency for the local currency, which is the Vietnamese dong (VND). You can find ATMs accepting international cards just outside the arrival gates at all major airports in Vietnam. ATMs are also common in Vietnamese cities, and you should have no trouble finding one in most destinations. International cards such as Visa are accepted at more than 20,000 ATMs nationwide. If you need help finding the nearest ATM, just ask your hotel.
The withdrawal limit per transaction ranges between 2 million VND (just under 100 dollars) and 3 million VND with local bank ATMs, and between 5 million VND to 10 million VND with international bank ATMs.
You can also find currency exchange vendors inside Vietnam's international airports just before the exit gates. Once you are in your destination, you can usually exchange currency at your hotel, in tourist hotspots, and at local banks.
"Tip: It is a good idea to withdraw some extra cash before traveling to remote destinations in Vietnam, especially if you want to buy crafts or textiles directly from local artisans. These places may not have ATMs or currency exchange vendors, so it is always best to be prepared."
Card payments in Vietnam
In Vietnam, cash is the most common payment method for small purchases and street vendors. However, most establishments, such as hotels, tour operators, boutiques, restaurants, grocery stores, and spas, accept major credit cards like Visa. International debit and credit cards are also accepted in these establishments, but there may be a conversion rate and swiping fee charged by your card provider.
For your larger travel expenses, you can use your credit card to pay on the spot or online in advance. This can help you avoid carrying large sums of cash with you. However, it is important to note that small shops, restaurants, and markets usually only accept cash.
Major credit/debit cards (such as Visa Card, MasterCard and to some extent American Express) are increasingly being used, especially in big cities and tourist places, but only in restaurants, hotels or big shopping malls with a transactional fee (3%-4%). Traveler’s cheques are not accepted.
Bank charge:
+ Visa/ Master card: 2.2% for bank charge.
+ American card: 3% for bank charge.
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