You can't use RMB in Ho Chi Minh City, but you can use US dollars in high-end hotels. Renminbi can only be exchanged for Vietnamese dong at the foreign exchange office in the market.

The currency of Vietnam is VND, and the exchange rate is: 1 RMB = 3333.333 VND.

Focus on events:

1. RMB is not circulated locally, but USD can be used locally. Hotels, airlines and travel agencies are usually priced in dollars.

2. In China, China banks can't exchange Vietnamese dong. You can change RMB into US dollars at the Bank of China before going abroad, and then change it into Vietnamese dong after going to Vietnam.

In Vietnam, you can not only change money in the bank, but also go to the jewelry store outside the working hours of the bank. The exchange rate is similar to that of the bank.

4. In high-end hotels, restaurants and shops in most cities in Vietnam, you can use mainstream credit cards such as VISA, MasterCard and American Express. At the same time, you can also withdraw cash by credit card, but you have to charge a handling fee of 1% to 5%.

5. China UnionPay opened POS card swiping and ATM cash withdrawal services in Vietnam. UnionPay's special merchants in Vietnam are mainly well-known local hotels and souvenir shops, all of which can accept UnionPay cards. Moreover, there are hundreds of ATMs in Vietnam that can use UnionPay cards to withdraw Vietnamese dong. UnionPay cards cannot be used for bank counter transfer and cash withdrawal outside China. In Vietnam, you don't need to pay the handling fee, so you choose UnionPay for online consumption. Compared with other international credit card networks, you are exempt from the currency conversion fee ranging from 1%-2%.

6. There is no counterfeit money in Vietnam, so you never have to worry about receiving counterfeit money. However, since the banknotes with denominations of 20,000 and 5,000 in the Vietnamese dong are the same in color, you must be optimistic about the denominations when you exchange them.

7. Vietnam is not a tipping country, but tipping is actually very popular. In addition, bargaining is often needed in Vietnam, such as when traveling by motorcycle or tricycle, but please pay attention to being polite when bargaining, so as to achieve better results.