How to receive Vietnamese dong(VND) and convert it into CNY

Do you have any business in Vietnam? If you do business with Vietnamese, please read more.

I read such a post: If you receive payment from a Vietnamese customer, the goods are shipped, and then the bank account is frozen due to no reason, What should you do?

From this post, we can see that when doing business with Vietnamese buyers, a common problem is the issue of financial security. In addition, there are two major problems that plague most Vietnamese sellers:

How to quickly have a secure Vietnam bank account. Due to nationality, passport, visa, and other restrictions, it is not easy to apply for a bank account in Vietnam.
When it comes to overseas payments, Vietnamese buyers are asked to exchange VND for USD, provide materials to declare the funds, go through cumbersome procedures, and pay a certain fee. Then they can pay the price for the goods. In addition, the Vietnamese government will charge a high tax of 10%!

Vietnam has a vast market, but how to receive payments safely and conveniently from it is a headache. However, opening a VND bank account on Epay will fix all your problems.

VND collection issues

Sellers can make quotations in Vietnamese dong, and buyers are able to pay in Vietnamese Dong rather than USD. which can improve buyer trust and satisfaction.

VND pay-out issues

You can make a currency exchange on Epay after receiving VND in your bank account. then you can make payments to more than 80 countries and regions.

CNY settlement issues: exchange VND to CNY

Epay is a multi-functional payment platform that also helps Chinese exporters make CNY settlements in a compliant and cheap way.
Epay invites all sellers to open Vietnamese Dong accounts for free. Our Vietnamese Dong bank account helps sellers avoid 10% tax. and now, open a VND account and make a CNY settlement both for free! 

Please add us on Skype: Epay global if you have any questions to consult.