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Selling dong on the black market
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I need a couple thousand US dollars for a trip I am making outside of Vietnam in a less then a week. The gold shop on the corner of Hoan Kiem will sell me USD for 16,900vnd. Compared to changing dong at ANZ this seems like a decent deal. But it seems too straight forward. Is there a hidden risk or disadvantage to buying USD from them?

posted about 5 months ago by Jeff - viewed 318 times
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answered about 5 months ago by Ouriel

For me the biggest risk is that the notes are counterfeit.

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answered about 5 months ago by virezo

Ferris Wheel

Yes, there might be a risk depends on what shop you want to buy USD from. Some are very reliable, some not.
What's the name of the shop you visited?

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answered about 5 months ago by PhilippeP

rushing to find the best restaurants in Hanoi

No the risk is limited and anyway if you get some counterfeit money you can always use it. I cannot make a different between fake and not and I am sure I got some but never had any problem from someone telling me that I carried counterfeit dollars, actually the rate yesterday was 16,780 so the most reputable place is close to the hang da market I do not have th street name with me but it is a small street in angle where they sells as well motorbikes seats you will find the shop there.

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answered about 5 months ago by loominpapa

The gold shop right next to Victory CD/DVD shop on Hang Bac has always been good to me in the past. He always seems to have Dollars and Bhat, maybe other currencies too.

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answered about 5 months ago by Jeff

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Thanks for all the answers. I went to Kim Linh shop at 67 Hang Bac and was reassured to find the 2nd floor exchange packed with Hanoians changing dong in all directions.

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