The cost of travel in Vietnam varies from bargain basement to sky high, depending on taste and comfort. Ascetics could just about get by on US$15 a day, while a conventional budget traveller can live it up from US$25 to US$35. Midrange travellers can have a ball from US$50 to US$150 a day, staying comfortably, eating well and travelling flexibly. At the top end, spending US$250 or more a day, anything is possible. Vietnam is not quite as cheap as it used to be thanks to rampant inflation, but it is still a great deal compared with many parts of the world.
The official currency is the Vietnam dong (d), but the US dollar is pretty widely accepted. In tourist centres, most hotels will accept either, while other businesses may prefer dong. As you venture off the trail, make sure you are packing plenty of local currency. Rooms start from as little as US$5 in busy tourist centres. Spending US$10 to US$30 will boost the comforts quickly, and rooms will generally include air-con, satellite TV, fridge and hot water. Make the step up to US$50 and three-star frills are available. At US$100 and above, it’s five-star territory in many destinations, although Hanoi and Ho Chi Minh City (HCMC) tend to be more expensive than the provinces. Don’t be afraid to negotiate for a discount if it is low season or if numbers are down.
Dining out is where Vietnam comes into its own. Surfing the street stalls and markets, meals can be found for US$1 or less. Local restaurants are more comfortable and you can eat well for between US$2 and US$5. Then there are the Vietnamese gourmet restaurants, where you can still only spend around US$15 with drinks; with the right wines you could easily spend US$50.
Domestic flights are quite good value for longer journeys, particularly with lowcost carrier Jetstar Pacific on the scene. A one-way ticket from Hanoi to HCMC is around US$100, although Jetstar can be cheaper. Trains are great value and overnight sleepers are a good way to cover long distances like Hanoi to Hue or HCMC to Ho Chi Minh City.
Bus travel is a bargain by Western standards, as long as you manage to pay the local price. Public buses between major destinations have fixed fares, but for bus travel in remote areas, overcharging is the rule. For maximum flexibility, many travellers prefer to rent a car or 4WD and go exploring with a guide. Costs run from about US$30 around town to US$100 or more a day up-country (including the driver’s food and lodging). A guide costs from US$15 to US$50, depending on the destination.
Foreigners are sometimes overcharged, particularly when buying souvenirs and occasionally in restaurants. Transport prices are sometimes bumped up to several times the Vietnamese price. However, don’t assume that everyone is trying to rip you off. Despite widespread poverty, many Vietnamese will only ask the local price for many goods and services.
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