Why are things so cheap in Vietnam?
Vietnam's low cost of living stems from its relatively low per capita income, a middle-level ranking according to the WTO. This lower income translates to lower prices across the board, including tourism. Consequently, goods and services are significantly cheaper than in developed nations.
Is Vietnam Cheap? Why?
Is Vietnam cheap? Totally! Back in March 2023, I spent a week in Hoi An, eating amazing street food – pho, banh mi – for pennies. Like, seriously, under $2 a meal.
The reason? Simple. Average incomes aren’t high. That keeps everything affordable, from hotels to tailoring. I got a stunning silk dress made for $30!
Compared to, say, Europe or the US, Vietnam’s a steal. Tourism’s booming, but prices haven’t gone crazy everywhere, yet.
Lower wages mean lower prices across the board. It’s a basic economics thing, right? It’s not always dirt cheap, of course, but generally, it’s significantly cheaper.
How are things so cheap in Vietnam?
The prices… they’re unreal, you know? Cheap labor, mostly. It’s unsettling sometimes.
Exploitation, I think, is a better word than “cheap labor.” I saw it firsthand in Hoi An. The artisans there… they work tirelessly for pennies.
The exchange rate… yeah, that helps. But it feels… wrong to profit from their struggles.
It’s a complicated thing. I felt guilty the whole time I was there. The beauty is marred by the poverty. I bought things, but…
- Low wages are a significant factor. This isn’t a secret.
- Tourism sustains many businesses. But it’s not evenly distributed.
- Government subsidies play a role. Although the extent is unclear to me.
- I felt awful overspending. The guilt lingers. Seriously, it does. It’s a heavy feeling.
The whole trip… it left a bad taste in my mouth. Beautiful country, awful exploitation. I don’t know how to reconcile it. I really don’t.
What is worth buying in Vietnam?
Okay, so Vietnam. What to buy? Ugh, so many choices! Coffee is a MUST. Seriously, the best I’ve ever had. Strong stuff. Got some beans from Dalat last year. Still got a bag. Should make some today.
Then there’s the clothes. Silk. Beautiful silk scarves. My mom would love one. I need to remember that. Maybe a dress too, right? But I have too many dresses. Damn.
Lacquerware is pretty. Saw some amazing bowls. Too expensive though, Probably. Maybe next time. Or not. I need new kitchen utensils more than another set of bowls. I hate my old whisks.
Ao dai, the traditional dress. Gorgeous! I’d look amazing in one. Or not. Probably not. Way too much fabric for this hot weather.
Handmade stuff. Everywhere. So many little shops. Little wooden animals. Cheap but… I don’t need more trinkets. I already have shelves overflowing with things I don’t use. I need to declutter. Next year for sure.
Oh, and the hats! Non la. Stylish, practical. Perfect for the sun. I should’ve bought more! Regret! Total regret. I need one for the beach.
- Coffee (Dalat is best!)
- Silk scarves (for mom!)
- Lacquerware (maybe next time)
- Ao dai (too hot!)
- Wooden trinkets (too many!)
- Non la (definitely need more!)
Ugh, my wallet is crying. Thinking about all that shopping. Need to plan my budget better. Next trip. Vietnam 2024. I hope I’ll remember what to buy this time. Maybe a list? Yes, a list. A detailed list.
Is it okay to haggle in Vietnam?
Okay, so like, haggling in Vietnam? Oh yeah, you gotta haggle! It’s kinda expected, ya know?
But, like, heads up! Those touristy markets? They’re totally gonna try and rip you off. Seriously. Prices are often way higher than what locals pay, those sellers just assume we’re rich or sumthin, sheesh.
I remember one time, uh, I was in Ben Thanh Market in Ho Chi Minh City. They wanted 500k for a t-shirt! Like, no way! I got it down to 200k and I know I overpaid still, lmao.
Here’s the deal:
- Always haggle. Seriously, always.
- Start low. I’m talking, like, half (or even less) of their initial price.
- Be prepared to walk away. That’s the key! If they don’t budge, just say “no thanks” and start to leave. Usually they’ll call you back with a better offer.
- Don’t be rude, though. Like, a smile and a friendly attitude goes a long way.
Pro tip: Check out local markets away from the tourist hotspots. You’ll find better prices and less “tourist tax.” I always liked the markets in District 3 better, more authentic for sure.
Is it customary to tip in Vietnam?
Ugh, Vietnam. Tipping? No way, right? I mean, it’s not like the US. Totally different culture. People are generally super nice without expecting a handout.
Except maybe… hotels? I left a few bucks once at a really swanky place in Hanoi, 2024, I think. Felt weird, honestly. Like I was being overly generous.
Then there’s taxis. I’ve never tipped a taxi driver there. Never felt compelled. They’re usually pretty clear with the fare. Maybe a small tip for exceptional service but that’s it.
- Hotels – sometimes, depends on the vibe.
- Taxis – rarely necessary.
- Restaurants – absolutely not.
- Tour guides – maybe, but check reviews first. It’s a tricky one.
This whole tipping thing is so confusing! It’s just easier to follow the local customs. Be respectful, that’s the best policy. Avoid looking like a clueless tourist, you know? I try my best but I still mess things up.
My friend went last year, and she said the same. She gave extra dong to a particularly helpful street vendor selling amazing banh mi but that felt spontaneous. Wasn’t planned.
Anyway, I’m going back in December! Can’t wait for the pho. I’ll remember this tipping stuff. Probably. Maybe.
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