A man to exchange 100USD at the organization is not allowed to exchange foreign currency, He was fined up to 90 million VND.
On October 23/2018, CanTho City People's Committee has issued a sanctioning decision administrative violation towards Mr. Ca Re Nguyen amount of 90 million VNĐ (equivalent 3.863USD) about behavior "buying and selling foreign currency at organizations not allowed to exchange foreign currency". He is an electric worker with a salary of over 3 million VND/month < equivalent 129USD>
Previously, Mr. Ca Re Nguyen was caught by the functional forces while changing 100USD at a jewelry business establishments in Cai Khe ward, Ninh Kieu district, Can Tho city.
According to current Vietnamese law, people have the right to bring, save USD in their home or bank. However, people are only allowed to buy and sell in organizations by State Bank licensed foreign currency transactions. And the problem is that not all people know the regulation is only allowed to buy and sell foreign currencies at institutions licensed by the State Bank.
Related to foreign exchange, 7 border provinces of Vietnam bordered by China is allowed to use the yuan.
According to Circular No.19 of the State Bank, the seven provinces will use Yuan from October 13/2018. The status of exchange and use of the people's publicity in tourist cities still shared on many social networks.
Image source Mr. Ca Re, Nguyen