Welcome to Vietnam, a country that charms with its vibrant cities, mouthwatering cuisine, and rich history. But hold on to your excitement for a moment! Traveling can be an exhilarating experience, but it also calls for smart money management.As you plan your trip to Visit Vietnam, let this be your trusty financial companion, helping you navigate the monetary intricacies of this Southeast Asian gem. This guide is your trusty companion, helping you navigate the financial aspects of your Vietnamese adventure.
Let’s dive in and explore how you can make the most of your travel budget without compromising on the authenticity of your Vietnamese experience. Buckle up, and let’s start this exciting journey together!
Table of Contents
A Snapshot of Vietnamese Currency
The official currency of Vietnam is the Vietnamese Dong (VND), and it’s commonly used in daily transactions. The conversion rate to USD can fluctuate, but it usually ranges between 22,000-24,000 VND for every USD. It’s always a good idea to keep some cash on hand as many small vendors and street markets may not accept credit cards. However, major tourist attractions and upscale restaurants in larger cities do accept credit cards.
If you’re planning to travel to Vietnam, it’s best to exchange your currency for VND upon arrival at the airport or a bank. Many hotels and banks also offer currency exchange services, but be mindful of the exchange rates and fees involved.
If you are using AUD or EUR, you may find a better exchange rate in Vietnam compared to exchanging in your home country. It’s always wise to check the rates beforehand and compare them with your home country’s rates. Crown Currency is a company that offers competitive exchange rates, and you can also research other local companies for the best deal.
Budgeting for Your Vietnamese Adventure
As with any trip, it’s essential to have a budget in mind and stick to it as much as possible. Vietnam offers a wide range of experiences, from luxury resorts to budget hostels, so it’s essential to research and decide on your preferred style of travel.
Below are some estimated costs to help you plan your budget:
Accommodation
Budget Accommodation: If you’re looking to save, you can find dormitory rooms in hostels for around AUD 5-10 per night. Private rooms in budget hotels can cost between AUD 20-30.
Mid-range Accommodation: For those looking for a bit more comfort, mid-range hotels can cost between AUD 40-70 per night.
Luxury Accommodation: If you’re looking to splurge, luxury hotels and resorts in major cities and tourist destinations can cost from AUD 100 and upwards per night.
Please note that prices can vary based on the location and the time of year. Always do your research and book in advance to get the best deals. Websites like Booking.com and Agoda offer a wide range of options and competitive prices.
Food and Drinks
Vietnamese cuisine is world-renowned for its freshness, flavors, and affordability. Street food is a must-try when in Vietnam, with dishes starting from as low as AUD 1. A meal at a local restaurant can cost between AUD 5-10, and if you’re looking for a fancier dining experience, it can cost around AUD 20 per person.
Prices for drinks vary depending on where you go, but a bottle of beer at a bar or restaurant usually costs less than AUD 2.
Transportation
Local transportation options include buses, taxis, and motorbike rentals. Buses are the most affordable option, with fares starting from AUD 0.50 per ride. Taxis can be more expensive but provide a convenient way to get around, especially at night or for longer distances.
Motorbikes are a popular mode of transportation in Vietnam, and you can rent them for around AUD 10-20 per day. However, make sure to have proper travel insurance that covers motorbike accidents.
Popular Tourist Activities
Vietnam offers a plethora of activities for tourists, and the prices can vary based on location and season. Here are some estimated costs to help you plan:
Halong Bay Cruise: A full-day cruise in Halong Bay can cost between AUD 40-100, depending on the type of boat and inclusions.
Hoi An Ancient Town: Entrance fees to the ancient town cost around AUD 10, and a bicycle rental can cost around AUD 3 per day.
Cu Chi Tunnels Tour: A half-day tour to the Cu Chi Tunnels costs around AUD 30-40.
Tips for Saving Money
Travel during the off-season: Prices for accommodations and activities are generally lower during the off-season, which is from May to September in Vietnam.
Eat like a local: Street food is not only delicious but also budget-friendly. Head to local markets and street vendors for authentic Vietnamese dishes at affordable prices.
Avoid tourist traps: Be mindful of scams and overpriced souvenir shops in touristy areas. Do your research beforehand to avoid falling into these traps.
Haggle at markets: Don’t be afraid to negotiate prices at markets, as vendors often inflate prices for tourists.
Use public transportation: Buses are the most affordable mode of transportation, so opt for them instead of taxis whenever possible.
Stay-at-budget accommodations: Hostels and guesthouses offer comfortable yet affordable options for accommodation, especially if you’re a solo traveler.
Also Read: This Maui Attraction’s Name Means “rolling cliffs”
Final Thoughts
Vietnam offers a unique blend of culture, cuisine, and stunning landscapes that can be experienced on any budget. With proper planning and smart money management, you can make the most out of your Vietnamese adventure without breaking the bank. And remember, haggling for a good deal is all part of the experience! So pack your bags and get ready to explore this beautiful country.