Vietnam a great bang for buck budget destination: Australian travel brand
Vietnam offers great value for money as a budget destination in Asia, says Australia's travel site Escape.
"Lower inflation in Vietnam and a stronger-than-usual Aussie dollar against Asian currencies are a good confluence of events for those wanting to travel to Vietnam," it notes, narrating seven real-life experiences as proof.

International visitors in Hanoi. Photo courtesy of Vietnam News Agency.
Alcohol
"Drinking cheap ‘Bia hoi’ on a Hanoi street corner and having local street food became a mandatory experience for tourists after former US President Barack Obama joined celebrity chef Anthony Bourdain in an Old Quarter noodle shop in 2016," Escape notes.
From midday, on any given day, glasses of this local lager are enjoyed by both locals and tourists for as little as AU$0.20 ($0.14) to 0.50 cents a glass.
"Even a pint of craft beer from a premium brewery like East West in Ho Chi Minh City will set you back just AU$4-5 ($3.38)," it adds.
Coffee
"The Vietnamese have perfected coffee culture to a point where it rivals even Melbourne or Milan," Escape gushes.
"A basic Vietnamese coffee, with the usual (welcome) addition of sweetened condensed milk, will set you back just AU$1.60 ($1.08). But a popular Hanoi delicacy is an ‘Egg Coffee’ which is the yolk of an egg, machine-whisked with milk, then poured over an Americano. Depending on where you are, this will range from AU$2-3 ($2.03)."
Flights
The brand notes that with the introduction of the new international and domestic carrier Bamboo Airways, “flights between Australia and Vietnam have become even cheaper. The carrier has not just put pressure on competitors Jetstar and Vietnam Airlines, their domestic flights are incredibly affordable too."
A direct, return flight between Sydney and Ho Chi Minh City in March 2023 can be bought for AU$700 ($472). The same month, one can fly between Hanoi and Ho Chi Minh City from just AU$97 ($65) per person.
Ground transport
"Vietnam’s Uber equivalent, Grab, is not only ridiculously cheaper, it’s also way more efficient," Escape says.
A trip across the entire Old Quarter of Hanoi on the back of a Grab motorbike (with helmet supplied) will set the tourist back about AU$2-3.
Food
"The average price for a bowl of steaming, hot, delicious pho (pronounced “fuh”) is about AU$2.50 ($1.69) in Hanoi. While the price of a bánh mì (typical Vietnamese baguette sandwich) ranges from about AU0.50 cents to AU$1.50.
"There are hundreds of bánh mì shops around the city, but you can tell a joint is popular just by looking at the lunch lines," it advises.
The banh mi (Vietnamese sandwich) has recently been named among 23 of the world's best sandwiches by CNN.
Accommodation
"If you’re looking ahead to March or April next year, a night at the five-star Peridot Grand Luxury Boutique Hotel in Hanoi will set you back just AU$160 ($108) including breakfast. Looking for something even cheaper? The Mayflower in Hanoi is a very affordable AU$29 ($19.58) per night."
Grooming & Pampering
Facials, pedicures, massages, and cut-throat shaves are all part of the experience.
"You can get a two-hour spa package from Serene Spa in Hanoi from AU$70 ($47) which includes a herbal foot soaking, manicure, pedicure, facial, massage and sauna experience. That’s a bargain."
In early this month, New York-based travel magazine Travel + Leisure has selected Vietnam as one of the world's 12 "perfect" honeymoon destinations that won’t break the bank. It describes Vietnam has a "generally less-expensive alternative to Thailand's famous tourist destinations".
In September, the country has been ranked ninth among the world's 10 money-saving travel destinations to suit any budget by Canadian travel site The Travel.
"If you don't mind slow, long-distance travel, buses, and trains around Vietnam are among the most affordable in the world, making it easy to explore all of this beautiful country. The country is also home to many affordable hotels," it wrote.
In July, Vietnam was named among the eight cheapest countries to retire by Travel + Leisure, with the overall cost of living about 49% lower than in the U.S., and rents about 75% lower, depending on the location.
- Read More
Vietnam has 2 new Deputy Prime Ministers
The National Assembly- Vietnam's highest legislative body, on Tuesday approved the appointment of Nguyen Chi Dung and Mai Van Chinh as Deputy Prime Ministers for the term 2021-2026.
Politics - Tue, February 18, 2025 | 6:07 pm GMT+7
Foreign investors hold over $12.6 bln worth of Vietnamese securities
Foreign investors held over VND323.53 trillion ($12.65 billion) worth of securities at the end of 2024, accounting for 7.35% of the total registered securities value at the Vietnam Securities Depository and Clearing Corporation (VSDC), according to its general director Ta Thanh Binh.
Finance - Tue, February 18, 2025 | 4:33 pm GMT+7
Vietnam’s southernmost province eyes exporting electricity to Singapore
Vietnam’s southernmost province of Ca Mau aims to build a grid to export electricity to Singapore, provincial authorities suggested at a Monday meeting with Singaporean Ambassador to Vietnam Jaya Ratnam.
Energy - Tue, February 18, 2025 | 3:21 pm GMT+7
Vietnam's leading IP developer KBC eyes 7-fold profit hike in 2025
Kinh Bac City Development Holding Corporation (HoSE: KBC), a leading industrial real estate developer in Vietnam, targets a consolidated net profit of VND3.2 trillion ($125.5 million) this year, a sevenfold increase from 2024.
Companies - Tue, February 18, 2025 | 3:04 pm GMT+7
Chinese semiconductor firm proposes independent power transmission line in northern Vietnam
Micro Commercial Components Vietnam (M.C.C) has proposed the construction of an independent power transmission line in the northern province of Bac Ninh to ensure a stable power supply during a meeting with local leaders on Monday.
Industries - Tue, February 18, 2025 | 1:20 pm GMT+7
81% of American businesses concern about potential US tariffs on Vietnam: survey
As many as 81% of American firms in Vietnam are concerned about potential tariff imposed by the Trump administrative on Vietnamese goods, according to the American Chamber of Commerce in Ho Chi Minh City (AmCham).
Economy - Tue, February 18, 2025 | 12:04 pm GMT+7
Japan's leading transport firm eyes forming driver training center, AI lab in Vietnam
Yamato Holdings, which holds approximately 46% of Japan’s home delivery market, intends to set up a professional driver training center in Vietnam to supply human resources to Japan, said its president Nagao Yutaka.
Industries - Tue, February 18, 2025 | 11:37 am GMT+7
Vietnam plans to stop 2 coal-fired power plants by 2030, all inefficient ones by 2040
Vietnam aims to stop two coal-fired power plants by 2030 and then all inefficient ones that cannot be improved by 2040, according to a decision signed by Prime Minister Pham Minh Chinh on Monday.
Energy - Tue, February 18, 2025 | 11:15 am GMT+7
Vietnam's property market strongly performs in 2024 on solid fundamentals: Knight Frank
Vietnam's real estate market made a strong performance in 2024 across the office, ready-built factories/warehouses, and apartment segments thanks to solid fundamentals, write Knight Frank analysts.
Real Estate - Tue, February 18, 2025 | 8:00 am GMT+7
Thailand, Australia boost ties in transport, logistics
Thailand and Australia are seeking to strengthen cooperation in transport infrastructure and carbon emission reduction in the logistics sector.
Southeast Asia - Mon, February 17, 2025 | 8:20 pm GMT+7
China surpasses US as biggest importer of Vietnamese shrimp
China imported $834 million worth of Vietnamese shrimp last year, surpassing the U.S. to become the largest buyer of this item from Vietnam, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Economy - Mon, February 17, 2025 | 7:51 pm GMT+7
Malaysia, S Korea resume FTA talks
Malaysia and South Korea are set to hold their seventh round of negotiations for a bilateral free trade agreement (FTA) as they look to expand their trade portfolio and strengthen cooperation, according to the latter's Ministry of Trade, Industry and Energy.
Southeast Asia - Mon, February 17, 2025 | 5:23 pm GMT+7
Indonesia to launch new sovereign wealth fund this month
Indonesia will launch a new sovereign wealth fund called Danantara this month, with an initial capital of around $20 billion.
Southeast Asia - Mon, February 17, 2025 | 5:19 pm GMT+7
Singapore's Billion Union builds $70 mln fabric factory in Vietnam
Hong Kong-invested Thanh Hoa Billion Union Textile kicked off the construction of a $70 million factory in Vietnam’s central province of Thanh Hoa on Monday.
Industries - Mon, February 17, 2025 | 5:04 pm GMT+7
Vietnam’s construction ministry plans real estate exchanges for improved transparency
The Vietnamese Ministry of Construction is advancing a plan to establish real estate exchanges, similar to the stock market, in a bid to enhance transparency and efficiency in property transactions.
Real Estate - Mon, February 17, 2025 | 4:57 pm GMT+7
Vietnam plans to increase electricity imports from China, Laos by 2030
The Vietnamese Ministry of Industry and Trade (MoIT) aims to raise electricity imports from China and Laos by 3,000 MW and 2,500 MW by 2030, over 5 times and nearly 1.6 times higher than those stated in the current Power Development Plan VIII (PDP VIII), respectively.
Energy - Mon, February 17, 2025 | 4:14 pm GMT+7
- Opinion
-
Vietnam embraces new wave of investments: HSBC exec
-
Chinese e-commerce giant Temu's Vietnam entry: unfair competition or market economy norm?
-
Vietnam's economy: positive changes but concerns persist
-
Slow administrative procedures hinder Korean investments in Vietnam: KoCham chair
-
Abundant real estate opportunities surround HCMC
-
Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert