In Vietnam, you can use both cash and credit/debit cards for payments. Mobile payment apps are also available for electronic transactions.

1. Vietnamese Dong
The official currency of Vietnam is the Vietnamese Dong. Currently, the currency in circulation includes both coins and banknotes. Coins are available in denominations of 200, 500, 1,000, 2,000, and 5,000 Dong. The first series of banknotes issued in 1987 included denominations of 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 Dong. In 2003, a series of polymer banknotes was introduced with denominations of 10,000, 20,000, 50,000, 100,000, 200,000, and 500,000 Dong.

2. Exchange Rate

Understanding the exchange rate between the Vietnamese Dong and your home currency is crucial. To ensure you exchange money at the best rates, you should frequently check the current exchange rates, as they can fluctuate.

3. Currency Exchange
You can exchange Vietnamese Dong before your trip in your home country or at the airport and ATMs in Vietnam. Some gold shops and hotel front desks in Vietnam also offer currency exchange services. Additionally, exchange points are available near airports, train stations, and other key locations.

4. Payment
Cash Payments: Although digital payments are becoming more popular, cash remains one of the most commonly used payment methods in Vietnam, especially for small transactions and in rural areas.

Card Payments: Debit and credit cards are widely used in cities, particularly for transactions at supermarkets, hotels, and large shopping malls.

Mobile Payments and E-Wallets: Services like Momo, ZaloPay, and OnePay have seen rapid user growth in recent years. They are widely used for online shopping, bill payments, and instant transfers.

Bank Transfers: For large transactions, such as purchasing property or vehicles, Vietnamese consumers often prefer bank transfers.