Vietnam will be a top destination for Americans because of the good USD exchange rate.
Friday, January 12, 2024 | 17:09:48
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As travel costs tend to rise, Americans will choose Vietnam as a priority destination thanks to the favorable USD exchange rate.
A resort in Phu Quoc. Photo: Booking
Bloomberg predicts that American travelers will consider the strength of the US dollar when choosing a destination in 2024 to get the best experience. Based on Bloomberg's currency ranking tool, writer Lily Girma has selected five attractive destinations with favorable exchange rates over the past two to three years.
Vietnam is on the list, along with two other Asian countries, Indonesia and South Korea. The other two names are Colombia and Tanzania - an East African country. The results indicate that 2024 is a great time to visit Asia for Americans.
According to Bloomberg, in 2023, the number of international visitors to Vietnam will be about 70% of the number before the pandemic, expected to reach 18 million this year. Hotel brands such as JW Marriott and Ritz-Carlton Reserve are considering Vietnam as a new luxury destination in the region.
When coming to Vietnam, Bloomberg's writer suggests that American tourists stay in a long-standing 5-star hotel in Hanoi for $279 per night, and cruise on Ha Long Bay by yacht for about $526 per night.
Regarding the exchange rate, this newspaper reported that in December 2021, 1 USD was equivalent to about 22,000 VND, and by December 2023, it would increase to 24,000 VND. Meanwhile, a tour to Thien Duong and Phong Nha caves costs about 2.9 million VND - equivalent to 130 USD in 2021 and 121 USD at present, which is 6.9% cheaper.
Similarly, a luxury all-inclusive spa day in Ubud, Bali, Indonesia, cost around $217 in 2021 but is now $198 – an 8.7% discount. In South Korea, the tasting menu at the fine dining restaurant Born & Bred in Busan is 9.6% cheaper this year than in 2021, using the same calculation.
"While Japan remains a popular choice, Vietnam and South Korea are seen as notable alternatives among Asian countries with favorable exchange rates to the US dollar," Bloomberg quoted.
According to vnexpress.net
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