USD exchange in Vung Tau

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Member since 18 April 2019

mepifMember30 November 2020 07:14:34

Hi everyone,

A friend of mine just lost his job in Vung Tau (VT) and wants to exchange $500 USD but all banks already turned him down.
- Rumor has it that the government places such strict restrictions on foreign currency exchange VN. Is that even true?
- Could folks in VT please make any suggestions?

Thank you
Matt

SMBrown1012 Member

Member since 26 November 2020

SMBrown1012Member30 November 2020 07:19:24

I have never heard of such things happening before
He needs to go commercial union and try to exchange the money there

goodolboy ViP

Member since 08 February 2020

goodolboyViP30 November 2020 08:19:22

2325

SMBrown1012 wrote:
I have never heard of such things happening before
He needs to go commercial union and try to exchange the money there

Better still, just nip along to the nearest gold shop, bet they will be more than happy to get his USD.

Ciambella ViP

Member since 19 April 2017

CiambellaViP30 November 2020 10:01:05

3482

Banks do not buy foreign currency from non customers. Go to the large gold shops in VT instead; their rates are better than bank's rate anyway.

Diksha Moderator

Member since 01 September 2017

DikshaModerator01 December 2020 08:21:58

4832

Hello everyone,

Please note that some posts have been removed.

Thanks,

Diksha
Team Expat.com

OceanBeach92107 VIP Member

Member since 31 January 2018

OceanBeach92107VIP Member01 December 2020 09:39:51

7074

Even though almost everyone uses gold shops to exchange currency and route currency to and from overseas, it's probably worthwhile to mention that those practices are technically illegal:

https://tuoitrenews.vn/news/business/20 … 47355.html

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