Foreign currency use allowed in Vietnam’s International Financial Centre (IFC)
in VietnamTrade barrier summary
Businesses and eligible foreign investors operating in Vietnam's IFC can now quote prices, carry out transactions and settle obligations in foreign currency when dealing with other IFC members or offshore partners.
Previously, Vietnam’s foreign exchange rules meant transactions inside Vietnam had to be in Vietnamese dong, with limited exceptions. This made it difficult for UK businesses to operate in the IFC, creating extra administrative costs and exposing them to exchange rate risks. Vietnam’s government has introduced new rules that reduces currency conversion costs and limits exposure to exchange rate volatility, making the IFC a more attractive location for UK financial and professional services businesses.
Sectors affected
- Financial and professional services
Resolved
Yes - January 2026
Date reported
2 April 2026
Last updated
14 August 2026
Public ID
PID-9PPDL9
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