The Price Surge During Tet: What’s Really Happening

Tet, or the Vietnamese Lunar New Year, is the most significant celebration in the country , a time when locals reunite with families, cities slow down, and the economy temporarily reshuffles. For travelers, this festive period can be both magical and expensive. Prices for transportation, accommodation, and even food typically increase due to the high domestic demand and limited availability.

As millions of Vietnamese return to their hometowns, buses, trains, and flights are often fully booked weeks in advance. Airlines may double or even triple ticket prices, especially for routes connecting major cities like Ho Chi Minh City and Hanoi to smaller provinces. Similarly, hotel rates rise as both domestic and foreign tourists compete for limited rooms in popular destinations such as Sapa, Hoi An, or Da Nang.

This surge isn’t just about demand , it also reflects seasonal closures. Many local guesthouses and eateries close for the first few days of Tet, reducing options and pushing travelers toward higher-priced establishments that remain open.

Transportation Costs: Expect Early Bookings and Limited Choices

Transportation sees the sharpest price jump during Tet. Train and bus tickets are often sold out weeks before the holiday, and flights become significantly more expensive. For example, a domestic flight from Hanoi to Da Nang that normally costs $50 might exceed $120 during Tet week.

If you plan to travel within Vietnam during this time, booking at least one month in advance is essential. Sleeper buses and overnight trains are popular choices, but even these get crowded quickly. Another tip is to avoid traveling on the peak days , the two days before and after New Year’s Eve are when traffic congestion and ticket demand reach their highest.

For budget travelers, exploring smaller or less-touristed provinces during Tet can help keep transportation costs manageable. Consider destinations like Ha Giang, Quy Nhon, or Ninh Binh, where local life remains vibrant but competition for travel routes is lower.

Accommodation and Dining: When Prices Climb with the Festivities

Hotels, resorts, and homestays often charge holiday premiums during Tet. In big cities, rates can increase by 30–50%, while boutique stays in tourist-heavy towns might double their prices. The reason is simple: most Vietnamese workers travel home, leaving a labor shortage that impacts hospitality operations. To cover higher staffing costs and limited capacity, prices go up.

If you’re set on staying in a popular location like Hoi An or Hanoi’s Old Quarter, make sure to confirm your booking early , and double-check that the property will remain open through the holiday. Some small hotels close temporarily to let owners spend time with family.

Food expenses can also fluctuate. Many restaurants and street stalls close for the first three days of Tet, leading visitors to eat at higher-end venues or hotel restaurants. Expect to pay more for meals, but you’ll also enjoy unique holiday dishes like bánh chưng (sticky rice cake) and thịt kho trứng (caramelized pork with eggs), which are only served during this season.

Smart Tips to Manage Tet Holiday Prices

Traveling during Tet doesn’t have to break your budget , it just requires thoughtful planning. Here are some practical ways to manage costs while still enjoying the celebration:

• Book early, ideally before mid-January. This applies to flights, trains, and accommodation. Prices spike dramatically after this point.
• Stay flexible with destinations. If Hanoi and Ho Chi Minh City seem too expensive, consider smaller towns or rural homestays.
• Travel before or after the peak week. The week leading up to Tet and the few days after it are the most expensive. Arriving earlier or extending your stay beyond the rush can save significantly.
• Use cash instead of cards. Some smaller businesses may not accept credit cards during the holiday period, and ATM fees might increase in busy areas.
• Enjoy free experiences. Temple visits, fireworks displays, and public celebrations cost nothing but provide some of the most memorable moments of Tet.

Balancing Cost and Experience: Is It Worth Visiting During Tet?

Despite higher prices, visiting Vietnam during Tet offers something money can’t buy , cultural immersion. Streets are decorated with red lanterns, families exchange gifts and greetings, and the air is filled with the scent of incense and fresh flowers. You’ll witness traditions that rarely appear at other times of the year, from ancestral offerings to lion dances welcoming prosperity.

While you might spend more than usual, the richness of the experience often outweighs the expense. With good preparation and an open mindset, Tet can become one of the most unforgettable times to visit Vietnam , a blend of celebration, reflection, and connection with local culture.

Planning your trip for Tet? Let Tubudd’s Local Buddies help you navigate the celebrations, find the best deals, and discover authentic cultural experiences across Vietnam.