In this paper, a comparison is conducted between two different formulations of the van der Waals interaction coefficient between layers, as applied to the vibrations of double-walled carbon nanotubes (DWCNTs); specifically, the evaluation of the natural frequencies is achieved through Ru’s and He’s formulations. The actual discrete DWCNT is modelled by means of a couple of concentric equivalent continuous thin cylindrical shells, where Donnell shell theory is adopted to obtain strain-displacement relationships. In order to take into account the chirality effect of DWCNT, an anisotropic elastic shell model is considered. Simply supported boundary conditions are imposed and the Rayleigh–Ritz method is used to obtain approximate natural frequencies and mode shapes. A parametric analysis considering different values of diameters and numbers of waves along longitudinal and circumferential directions is performed by adopting Ru’s and He’s formulations. From the comparisons, it is evident that Ru’s formulation provides unsatisfactory results for relatively low values of diameters and relatively high numbers of circumferential waves with respect to the more accurate He’s formulation. This behaviour is observed for every number of longitudinal half-waves. Therefore, Ru’s formulation cannot be used for the vibration modelling of DWCNTs in a large range of diameters and wavenumbers.