< Back What is the local currency? What denominations does it come in? What is the best way to exchange currency? What are commonly-used forms of payment for everyday purchases (such as groceries)? Will I be able to use my credit card around town? If not, list when I’ll need cash. By what method are bills (such as rent and utilities) paid? What are the requirements for opening a bank account? At what stage of the settling-in process should I open it? Will foreign residents be able to find banking services in their native languages? Are there any restrictions on services for those who are new to your country? What are typical banking hours? Are automatic teller machines (ATMs) available around the clock? Is there any other money information that might help me? What is the local currency? Vietnam Dong (VND). ↑ Top What denominations does it come in? The dong comes in coins and in notes, which range from 200 VND to 500,000 VND. ↑ Top What is the best way to exchange currency? Exchange currency at the bank. ↑ Top What are commonly-used forms of payment for everyday purchases (such as groceries)? Cash - including Vietnam dong and US dollars. ↑ Top Will I be able to use my credit card around town? If not, list when I’ll need cash. It is advisable to pay with cash. You can use your credit card in hotels and some restaurants and shops, but you'll usually have to pay an extra fee for this privilege. ↑ Top By what method are bills (such as rent and utilities) paid? Most bills are paid with cash. ↑ Top What are the requirements for opening a bank account? At what stage of the settling-in process should I open it? To open a bank account, a foreigner must present a valid passport with relevant visa along with an offer of employment. You may also be requested to deposit a minimum amount to open an account. ↑ Top Will foreign residents be able to find banking services in their native languages? Usually the employees at international banks can speak English. ↑ Top Are there any restrictions on services for those who are new to your country? There are no known restrictions. ↑ Top What are typical banking hours? Banks are usually open from 8 a.m. to 4 p.m. Monday to Friday. ↑ Top Are automatic teller machines (ATMs) available around the clock? There are ATMs in Hanoi. ↑ Top Is there any other money information that might help me? Banks are the only places you can change traveler's checks. ↑ Top IMPORTANT NOTE: Crown Relocations has made every effort to present accurate information. However, regulations, rates and other variables are subject to change and Crown Relocations cannot accept responsibility for the errors that might result. Should you have any questions or need additional information, please contact your local Crown representative.