Vietnam Emerges as Top Destination for Budget Travellers: Currency Devaluation and Strategic Policie

The Leader Globe28 Aug, 2024Travel

Vietnam has rapidly established itself as a premier destination for budget-conscious travellers, thanks to a combination of its weakened currency and strategic visa-free travel policies. As the Vietnamese Dong continues to experience devaluation—where 1 USD equals approximately 24,977.50 Dong—tourists are finding that their money stretches further in Vietnam than in many other Southeast Asian countries. This economic shift has made everything from accommodations to dining and shopping significantly more affordable, propelling Vietnam ahead of traditional favourites like Thailand and Malaysia. The country’s appeal is further amplified by its visa-free travel initiative, which allows citizens from 52 countries to enter Vietnam without the need for a visa. This policy has eliminated a common barrier to travel, making Vietnam an even more attractive option for international visitors looking to explore its rich cultural heritage and stunning landscapes on a budget.