No, it is not safe – it won’t pollute another namespace, but it is dangerous for other reasons:
A using directive will import anything that is currently visible by the name you specify into the namespace where you use it. While your using will only be visible to users of MyNamespace, other things from “outside” will be visible to your using declaration.
So how is this dangerous when used in a header? Because it will import things that are visible at the point of the declaration, the exact behavior will depend on the order of headers you include before the declaration (There might be different things visible from boost::numeric::ublas::vector). Since you cannot really control which headers are included before your header (nor should you be! headers should be self-sufficient!), this can lead to very strange problems where your function will find one thing in one compilation unit, and another in the next.
As a rule of thumb, using declarations should only be used after all includes in a .cpp file. There’s also an item on this exact issue in the book “C++ Coding Standards” by Sutter and Alexandrescu (Item 59). Here’s a quote:
But here’s the common trap: Many people think that using declarations issued at namespace level (…) are safe. They are not. They are at least as dangerous, and in a subtler and more insidious way.
Even when it’s unlikely that the name you are using doesn’t exist anywhere else (as is probably the case here), things can get ugly: In a header, all declarations should be fully qualified. This is pain, but otherwise, strange things can happen.
Also see Migrating to Namespaces, Using-declarations and namespace aliases and Namespace Naming for examples and the problem described in-depth.