How much cash to carry in Vietnam?

Navigating Vietnam’s Cash Landscape: How Much Dong to Bring?

Vietnam, a land of vibrant culture and breathtaking landscapes, also presents a unique financial landscape for travelers. While credit and debit cards are increasingly accepted, cash remains king, especially for smaller transactions and in less touristy areas. So, how much cash should you carry for a two-week trip?

For a comfortable two-week stay in Vietnam, budgeting approximately 7 to 9 million Vietnamese Dong (VND) in cash is a good starting point. This translates to roughly $300 – $380 USD, depending on the current exchange rate, and should comfortably cover your daily expenses and smaller purchases.

This sum allows for a reasonable buffer for:

• Street food: Indulge in delicious and affordable street eats, a highlight of Vietnamese cuisine. Many street vendors only accept cash.
• Local transportation: From motorbike taxis (xe ôm) to buses, smaller amounts of cash are frequently required.
• Souvenirs and smaller purchases: Pick up unique gifts and mementos from local markets and shops. Bargaining is common, so having smaller bills readily available is beneficial.
• Entrance fees to smaller attractions: Many smaller temples, pagodas, and less-visited sites may only accept cash payment.
• Unexpected expenses: Life throws curveballs, and having a cash cushion can prevent stressful situations.

When to Use Your Card:

Larger purchases and major transactions are best handled with credit or debit cards. Most hotels, larger restaurants, and reputable tour operators readily accept international cards. However, it’s advisable to notify your bank of your travel plans to avoid any issues with card usage. Keep in mind that some establishments may add a small transaction fee for using cards.

Tips for Managing Your Cash:

• Exchange currency wisely: Compare exchange rates at banks, authorized exchange bureaus, and airports before exchanging a large amount of money. Avoid unofficial exchangers.
• Withdraw smaller amounts: Withdraw cash from ATMs as needed rather than carrying large sums of money at all times. ATMs are widely available in cities and tourist areas.
• Keep your cash secure: Use a money belt or secure pockets to safeguard your cash and valuables.
• Familiarize yourself with Vietnamese currency: Understanding the different denominations of VND will aid in smooth transactions.

While a two-week budget of 7-9 million VND in cash is a good estimate, your individual needs may vary depending on your travel style and spending habits. Luxury accommodations, fine dining, and extensive shopping will naturally require a larger budget.

By combining a reasonable amount of cash with the convenience of credit/debit cards, you can confidently navigate Vietnam’s financial landscape and focus on enjoying the incredible experiences this captivating country offers.