Monday, August 26, 2024 In recent years, Vietnam has surged ahead as a top destination for budget-conscious travelers, propelled by a combination of favorable economic conditions and strategic travel policies, making it a standout in budget travel and cheap travel destination discussions. With the Vietnamese Dong (VND) experiencing significant devaluation, coupled with a visa-free travel initiative, Vietnam is attracting more international travel than ever before, surpassing its regional competitors, Thailand and Malaysia, in budget journey and destination news. Vietnam has swiftly risen as a premier choice for budget-conscious travelers, driven by its weakened currency and a strategic visa-free travel initiative to 52 countries.
These factors have significantly enhanced the country’s appeal, offering tourists an affordable yet rich cultural experience. As a result, Vietnam has outpaced traditional Southeast Asian favorites like Thailand and Malaysia in attracting cost-savvy visitors. With its breathtaking landscapes, vibrant cities, and now even more accessible entry, Vietnam is setting a new standard for cheap travel in the region.
TTW Editor in Chief Mr. Anup Kumar Keshan said: Vietnam’s tourism boom is fueled by its weak currency and visa-free access for citizens of 52 countries, making it a standout in budget travel and cheap travel destination discussions. The devaluation of the Vietnamese Dong offers travelers exceptional value, making Vietnam a more affordable choice for budget journey compared to Malaysia and Thailand, where stronger currencies are driving up costs.
This economic advantage, coupled with the ease of visa-free entry, positions Vietnam as a top budget-friendly destination, challenging the dominance of its regional competitors in the destination news and international travel landscape. Vietnam’s journey towards establishing a market economy has been gradual, with its roots in a historically centralized economic system. The Vietnamese Dong, currently undergoing considerable devaluation—where 1 USD equals 24,977.
50 Vietnamese Dong and 1 Euro equals to 27,949.82 Vietnamese Dong has played a pivotal role in making Vietnam an attractive option for budget travelers. The weaker currency means that tourists get more value for their money, making everything from accommodations to dining and shopping more affordable compared to other Southeast Asian destinations.
Additionally, Vietnam’s visa-free travel policy, which allows entry to citizens of 52 countries, further enhances its appeal as a top budget-friendly destination. Vietnam’s tourism industry experienced a remarkable year in 2023, ending with 12.6 million international visitors—nearly 3.
5 times more than in 2022. This surge not only exceeded the original target of 8 million arrivals by a significant margin but also met the adjusted target of 12-13 million arrivals. The domestic tourism sector also flourished, with 108 million trips recorded, surpassing the planned figures by 6%.
These impressive numbers translated to total tourist receipts of VND 678 trillion, exceeding expectations by 4.3%. With low currency value the number are expected to grow more.
One of the key factors contributing to Vietnam’s growing popularity is its visa-free travel initiative to 52 countries. This policy has made it easier for travelers from numerous countries to visit Vietnam without the hassle of obtaining a visa, further enhancing the country’s appeal as a budget-friendly destination. The combination of affordable travel costs due to the weak currency and the convenience of visa-free entry has made Vietnam a top choice for international travelers.
Nestled in Southeast Asia, Vietnam is a country that captivates travelers with its stunning landscapes and vibrant cultural heritage. The nation’s natural beauty is truly awe-inspiring, from the dramatic limestone formations of Halong Bay to the lush green rice terraces of Sapa and the tranquil waters of the Mekong Delta. Whether you’re seeking adventure in the highlands, relaxation on pristine beaches, or a peaceful journey through rural countryside, Vietnam offers a diverse array of experiences that cater to every type of traveler.
To truly grasp the impact of the US invasion of Vietnam and understand the profound effects it had on the country’s civilians, a visit to this remarkable and poignant museum is a must. The museum offers a powerful and deeply moving experience, shedding light on the often untold stories of those who suffered during this turbulent period in history. While many of the atrocities from the war are widely known, this museum stands out for giving a voice to the victims of US military actions, allowing them to share their personal narratives.
Recognized as a UNESCO World Heritage Site in 2003, Phong Nha-Ke Bang National Park is home to Asia’s oldest karst mountains, which date back around 400 million years. This extraordinary park is renowned for its extensive network of cave systems, featuring hundreds of caverns of impressive size and scale, along with stunning underground rivers. For speleologists and nature enthusiasts alike, Phong Nha-Ke Bang offers a captivating glimpse into the raw beauty of nature, showcasing some of the most magnificent and ancient geological formations on the planet.
Nestled within the heart of Phong Nha-Kẻ Bàng National Park, Hang Son Doong, or Mountain River Cave, holds the title of the world’s largest cave, making it one of the most breathtaking natural wonders in Southeast Asia. Despite its grandeur, Hang Son Doong remains one of the most exclusive travel experiences available. The Vietnamese government only approved access to the cave in 2013, and since then, Oxalis Adventure, based in Son Trach, is the only authorized tour operator allowed to lead expeditions.
The journey comes with a hefty price tag of $3,000 per person for a four-day, three-night adventure. Located in the heart of Ho Chi Minh City, The Reverie Saigon is known for its opulent design and world-class service. With stunning views of the Saigon River, the hotel features luxurious rooms and suites, fine dining restaurants, a lavish spa, and an outdoor pool.
The Italian-inspired interiors and attention to detail make it one of the most prestigious hotels in Vietnam. Nestled on a secluded peninsula, this award-winning resort offers breathtaking views of the East Sea and lush tropical landscapes. Designed by renowned architect Bill Bensley, the InterContinental Danang Sun Peninsula Resort blends traditional Vietnamese aesthetics with modern luxury.
Guests can enjoy private villas, a world-class spa, fine dining at La Maison 1888, and a private beach. Accessible only by boat, Six Senses Ninh Van Bay offers a secluded and serene getaway. Set against a backdrop of lush mountains and turquoise waters, this resort features private pool villas, many with direct beach access.
The emphasis on sustainability and wellness is evident in the organic gardens, spa treatments, and various eco-friendly initiatives that enhance the guest experience. Situated in the Nui Chua National Park overlooking the pristine Vinh Hy Bay, Amanoi is a tranquil retreat that seamlessly blends nature and luxury. The resort’s contemporary design, inspired by traditional Vietnamese architecture, offers a range of elegant pavilions and villas.
With a focus on wellness, Amanoi provides guests with holistic spa treatments, yoga sessions, and a serene atmosphere ideal for relaxation. Located along the stunning coastline near the historic town of Hoi An, Four Seasons Resort The Nam Hai combines Vietnamese heritage with modern luxury. The resort features spacious villas with private pools, three beachfront infinity pools, and lush gardens.
Guests can indulge in a variety of activities, including cooking classes, cultural excursions, and rejuvenating treatments at the Heart of the Earth Spa. Thailand, known for its vibrant culture, golden temples, and stunning beaches, remains a favorite among tourists. The Land of Smiles welcomed 10.
72 million foreign visitors between January 1 and April 16, 2024, generating an impressive 575 billion baht (approximately USD 15.5 billion) in revenue. Thailand’s affordable stays, delicious street food, and lively nightlife continue to draw travelers seeking both adventure and relaxation.
The Thai Baht (THB) currently exchanged at 1 USD to 33.92 THB and 1 Euro equals 38.26 Baht, also offers good value, though not as compelling as the Vietnamese Dong.
Thailand’s visa-free travel policy, which applies to citizens of 93 countries, has long been a significant draw. However, with the rise of Vietnam as a more affordable alternative, some budget-conscious travelers are now opting for the latter, especially given the comparative strength of their currencies. Thailand, a captivating Southeast Asian country, enchants visitors with its rich cultural heritage and stunning landscapes.
The land is dotted with gleaming temples and iconic golden Buddhas, each telling a story of spiritual depth and devotion. In the bustling streets of Bangkok, the fusion of ancient and modern is evident, where centuries-old temples provide a serene contrast to the city’s dynamic energy. Food lovers are drawn to the vibrant culinary scene, with the scent of aromatic spices and sizzling street food inviting them to explore the city’s famed noodle shacks and local markets.
Wat Pho stands out as a must-see destination among Bangkok’s renowned landmarks, offering visitors a captivating glimpse into Thailand’s cultural and spiritual heritage. This historic temple complex, one of the oldest and most significant in the city, is home to some remarkable superlatives. It houses the city’s largest reclining Buddha, an awe-inspiring 46-meter-long statue covered in gold leaf, which represents the Buddha entering nirvana.
The sheer size and serene expression of the reclining Buddha make it a breathtaking sight to behold. The Grand Palace, known locally as Phra Borom Maharatchawang, stands as a testament to Thailand’s royal heritage and architectural splendor. Originally consecrated in 1782, this magnificent complex once served as the primary residence of the Thai kings.
Although no longer used as a royal residence, the Grand Palace is still a vital cultural and ceremonial site, hosting important state functions and royal events. Wat Arun, majestically rising from the banks of the Chao Phraya River, is one of Bangkok’s most iconic and visually stunning landmarks. Commonly known as the Temple of Dawn, its name is derived from the Hindu god Aruna, the deity associated with the dawn.
This towering, missile-shaped temple is a sight to behold, especially at sunrise and sunset, when its colorful spires reflect the light, creating a spectacular display. Nestled along the Chao Phraya River, The Siam is a luxurious boutique hotel that combines traditional Thai elegance with contemporary style. With its serene garden courtyards, opulent suites, and private pool villas, The Siam offers a tranquil oasis amidst the bustling city of Bangkok.
Guests can indulge in personalized service, a world-class spa, and unique cultural experiences, including cooking classes and Muay Thai lessons. Located in the lush mountains of northern Thailand, the Four Seasons Resort Chiang Mai provides an exquisite escape surrounded by rice paddies and tropical gardens. The resort features elegant villas and private residences with traditional Thai architecture, offering stunning views of the surrounding landscape.
Guests can enjoy yoga classes, Thai cooking lessons, and spa treatments, making it an ideal destination for relaxation and rejuvenation. Perched on a pristine private beach on the island of Phuket, Amanpuri is a sanctuary of luxury and tranquility. The resort’s stunning pavilions and villas blend seamlessly with the natural surroundings, offering breathtaking views of the Andaman Sea.
Amanpuri’s exceptional amenities include a holistic wellness center, a private yacht, and exquisite dining options, making it a favorite among discerning travelers seeking a secluded and luxurious retreat. Set on the idyllic island of Yao Noi in Phang Nga Bay, Six Senses Yao Noi offers a perfect blend of luxury and sustainability. The resort’s spacious villas are designed with natural materials and provide stunning views of the bay’s limestone karsts.
Guests can immerse themselves in nature with activities such as snorkeling, island-hopping, and yoga, or relax in the resort’s award-winning spa, which offers a range of holistic treatments. A landmark of luxury in Bangkok, the Mandarin Oriental has been a symbol of elegance and sophistication for over 140 years. Located along the Chao Phraya River, this iconic hotel features beautifully appointed rooms and suites, world-class dining, and a legendary spa.
The Mandarin Oriental’s exceptional service, historic charm, and prime location make it a top choice for travelers seeking the ultimate Bangkok experience. Malaysia offers a unique blend of modernity and tradition, from the iconic Petronas Towers in Kuala Lumpur to the historic streets of Penang and the lush Cameron Highlands. In the first half of 2024, Malaysia attracted 11.
8 million visitors, primarily from neighboring countries, generating significant tourist revenue. The Malaysian Ringgit (MYR), currently valued at 1 USD to 4.374 MYR and 1 Ero is equivalent to 4.
894 Euro makes Malaysia a moderately affordable destination. However, its currency is not as weak as the Vietnamese Dong, making Vietnam a more appealing option for those seeking maximum value. Malaysia’s extensive visa-free travel policy, covering citizens from 134 countries, has made it a popular destination.
Still, Vietnam’s recent initiatives and economic conditions have positioned it as a more competitive choice for budget travelers. Malaysia, a Southeast Asian treasure, seamlessly blends the allure of dynamic urban landscapes with the serenity of nature’s wonders. The country’s vibrant cities, such as Kuala Lumpur, offer a mix of modern skyscrapers and historic architecture, reflecting its rich cultural heritage.
Malaysia is also renowned for its fabulous food, a delicious fusion of Malay, Chinese, and Indian influences that promises to delight food lovers. From bustling street markets to upscale dining, every meal is an exploration of flavors and traditions. Nestled in the heart of George Town, the Blue Mansion stands as one of the city’s most photographed and cherished landmarks.
Originally constructed in the 1880s, this stunning 38-room mansion, with its 220 windows, was brought back to life from near ruin in the 1990s. Today, it serves as a luxurious boutique hotel, renowned for its distinctive blue-hued exterior, achieved through a traditional indigo-based limewash. This vibrant color has become a signature feature of the building, drawing visitors from around the world to admire its unique beauty.
Spanning just 23 square kilometers, Malaysia’s smallest national park may be modest in size, but it boasts a wealth of natural beauty and wildlife. The park’s lush, beach-fringed forests are a sanctuary for a diverse array of creatures, including the charming silvered leaf monkeys, elusive flying lemurs, and the rare leopard cats. Birdwatchers and nature enthusiasts will also delight in the park’s abundant bird species, along with a variety of amphibians and reptiles that thrive in this rich ecosystem.
Tawau Hills Park offers a serene escape with its forested hills rising majestically from the plains, making it an excellent choice for those seeking a more accessible alternative to the Maliau Basin or Danum Valley. This small reserve is a treasure trove of natural beauty, boasting dense, lush forests that are perfect for exploration. With well-marked trails suitable for hikers of all levels, Tawau Hills is a haven for both casual walkers and seasoned trekkers.
Located in the vibrant city of Kuala Lumpur, The St. Regis offers guests an opulent experience with its spacious, elegantly designed rooms and suites, state-of-the-art amenities, and impeccable service. The hotel features fine dining options, a luxurious spa, and stunning views of the city skyline, making it a preferred choice for both business and leisure travelers.
Nestled in the heart of a 10-million-year-old rainforest, The Datai Langkawi provides a tranquil and immersive nature experience. This luxury resort offers beautifully designed villas and suites, some with private pools and stunning views of the Andaman Sea. The Datai’s exceptional service, world-class spa, and commitment to environmental sustainability make it a standout choice for those seeking relaxation and natural beauty.
Situated adjacent to the iconic Petronas Twin Towers, Mandarin Oriental Kuala Lumpur blends elegance and convenience. The hotel features luxurious rooms and suites with breathtaking views of the city skyline or the lush KLCC Park. Guests can enjoy a variety of dining options, a serene spa, and a large outdoor pool, all while being just steps away from the city’s top attractions.
Set on its own private island off the west coast of Malaysia, Pangkor Laut Resort is a haven of luxury and tranquility. This resort offers a range of beautifully appointed villas, including those over the water, nestled in the rainforest, or on the beach. With its serene environment, award-winning spa, and gourmet dining, Pangkor Laut provides an unparalleled island retreat experience.
Four Seasons Resort Langkawi Combining the charm of traditional Malaysian architecture with modern luxury, Four Seasons Resort Langkawi offers an idyllic beachfront escape. The resort features spacious pavilions and villas, some with private plunge pools and direct beach access. Guests can indulge in various activities, including water sports, nature excursions, and rejuvenating treatments at the resort’s spa, all set against the backdrop of the stunning Andaman Sea.
While Thailand and Malaysia continue to offer unique cultural experiences and natural beauty, Vietnam’s combination of a weak currency, visa-free travel, and lower overall costs has given it a competitive edge in the budget travel market. The country’s rich history, diverse landscapes, and welcoming culture are drawing an increasing number of tourists looking for a memorable yet affordable vacation. In conclusion, Vietnam’s rise as a top budget-friendly destination is no accident.
With strategic policies and economic conditions working in its favor, the country is well on its way to becoming a preferred destination for travelers seeking both value and adventure. As Vietnam continues to attract more visitors, it is poised to challenge the long-held dominance of Thailand and Malaysia in the Southeast Asian tourism sector..
