How to budget for backpacking through Vietnam
Budget for $35 to $45 per day to live comfortably, covering hostels, street food, and local transport. You can stretch this to $25 if you stick strictly to local sleeper buses and avoid alcohol.
- Use the local currency correctly. Vietnam uses the Vietnamese Dong (VND). Get comfortable with large numbers quickly; 100,000 VND is roughly $4. Always carry small denominations for street food and markets, as vendors rarely have change for 500,000 VND notes.
- Master the transport hierarchy. The cheapest way to travel between cities is the 'Open Bus' sleeper lines. Use the Grab app for city transport to avoid taxi scams; it displays the price upfront so you never have to haggle.
- Eat like a local. Stick to street stalls where you see a high turnover of locals. A bowl of Pho or Banh Mi should cost between 30,000 and 50,000 VND ($1.20–$2.00). Avoid restaurants with English menus on the street; they are usually double the price.
- Manage your accommodation. Book hostels via platforms like Hostelworld, but check their direct website or message them on WhatsApp to see if they offer a 'walk-in' or direct-booking discount. You can usually find a clean bed in a dorm for $7–$10.
- Is it cheaper to buy a motorbike or rent one?
- For a short trip, renting is significantly cheaper and less of a headache. Unless you are staying for 3+ months, the cost of maintenance and the difficulty of reselling a bike make purchasing a bad financial move.
- Should I bring cash or use ATMs?
- Use ATMs. Look for VPBank or TPBank, which often have higher withdrawal limits and lower fees for international cards. Always carry a secondary debit card as a backup.