The basic unit of currency for Vietnam is the Vietnamese đồng (VND). The đồng has been the official currency of Vietnam since 1978, replacing the previous currency known as the Southern đồng.

One Vietnamese đồng is divided into 10 hào, and 100 xu. However, due to inflation and the decreasing value of the đồng, the hào and xu are no longer commonly used in everyday transactions.

The đồng comes in various denominations, including banknotes and coins. Banknotes are available in denominations of 1,000 đồng, 2,000 đồng, 5,000 đồng, 10,000 đồng, 20,000 đồng, 50,000 đồng, 100,000 đồng, 200,000 đồng, and 500,000 đồng. Coins are available in denominations of 200 đồng, 500 đồng, 1,000 đồng, 2,000 đồng, and 5,000 đồng.

When visiting Vietnam, it is important to have the local currency on hand for daily expenses, as many places do not accept foreign currencies. Currency exchange services are widely available in airports, hotels, and banks throughout the country. It is advisable to compare exchange rates and fees to ensure the best possible deal.

It is worth noting that the đồng is a non-convertible currency, which means it cannot be freely exchanged outside of Vietnam. Therefore, it is recommended to convert any remaining đồng back to your own currency before leaving the country.

As a tourist, it is essential to be cautious with counterfeit currency. Counterfeit notes are not uncommon in Vietnam, particularly for higher denominations. It is advisable to familiarize yourself with the security features of Vietnamese banknotes and carefully examine any cash received during transactions.

In conclusion, the Vietnamese đồng is the basic unit of currency used in Vietnam. It is important to have the local currency on hand for daily expenses and to be aware of exchange rates and potential counterfeit notes. By being prepared and informed, you can navigate the financial aspect of your visit to Vietnam smoothly.

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