What is the local currency?
Vietnam Dong (VND).
What denominations does it come in?
The dong comes in coins and in notes, which range from 200 VND to 500,000 VND.
What is the best way to exchange currency?
Exchange currency at the bank.
What are commonly-used forms of payment for everyday purchases (such as groceries)?
Cash - including Vietnam dong and US dollars.
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.
By what method are bills (such as rent and utilities) paid?
Most bills are paid with cash.
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.
Will foreign residents be able to find banking services in their native languages?
Usually the employees at international banks can speak English.
Are there any restrictions on services for those who are new to your country?
There are no known restrictions.
What are typical banking hours?
Banks are usually open from 8 a.m. to 4 p.m. Monday to Friday.
Are automatic teller machines (ATMs) available around the clock?
There are ATMs in Hanoi.
Is there any other money information that might help me?
Banks are the only places you can change traveler's checks.
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.