Tuesday, May 22, 2012 03:58 Vietnam (GMT+7)

Currency issue

Questions

Answers

What if I have a lot of local currency left over when I leave?

You can change local currency to the currency you brought in only by showing the yellow customs slip that you were given on arrival. The amount must be less than the original.

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Where can I change my currency for local currency?

You can change your currency for local currency at the airport, banks, and Jewelry shops. You should prepare some cash in USD and Euros (50-100 domination) for better exchange rates.

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What about travelers’ cheques?

You can change into USD or Vietnamese dong with commission from 1%-3% at the banks in big cities. Travelers’ cheques can be used to pay for the room charge and other tourism services.

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Can I pay by credit card in Vietnam?

Yes, you can pay by credit card with 3% commission for Visa and Master, 4% commission for Amex. You can pay at shops and hotels in big cities, commercial centre and tourist sites.

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Can I use a credit card to get cash in Vietnam?

Yes, You can withdraw cash at any ATM in big cities such as: Hanoi, Ho Chi Minh City, Hue, Hoian, Halong, Haiphong, Danang, Nhatrang, Buon Ma Thuot, Vung Tau, Cantho with commission.

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Should I bargain for everything?

Usually, fixed prices are the norm in department stores, while bargaining is expected at most other places. Generally, you can obtain a final figure of between 10-40% lower than the original asking price. Much depends on your skills and the shopkeeper's mood. But remember Vietnamese appreciates good manners and a sense of humor. With patience and a broad smile, you will not only get a better price, you will also enjoy shopping as an art.

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