Trouble with money

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It is true, Vietnam is a socialist society, but anyway, they really know about capitalism! And this so much that many travellers coming to this country are more than confused about the money. Money seems a deep grounded problem and also the source of many misunderstandings. I’ve read in many western travel guides, forums and even got to know in talks that western travellers usually fear to be scammed. Scams appear in Vietnam, for sure, but they are only in some cases really the reason for fights with Vietnamese. In most cases, Western visitors fear rip-offs of Vietnamese. I want to say clearly: Yes, there are scams and rip-offs, but these appear in every tourist centre of the world (I remember the scams of the Marcus Place in Venice!). However, Vietnamese and Foreigners have a different view on money.

Karsten Brabänder 300x225 Trouble with money

Karsten Brabänder

Vietnamese are still a poor people. Compared to the income of Western people this is true, though there appear also more and more Vietnamese with quite a bit of wealth. In Vietnam exists also a kind of social welfare, which – due to the economic situation of this country – does not really stand against the reality of needs. Vietnamese are not racist, when they try to get more money from you, dear Foreigners, than from Vietnamese. Because this isn’t true. The truth is, that Vietnamese decide case by case. Unfortunately, foreigner look in most cases very rich, so they have to pay more than others. But also fashionable Vietnamese, styled as Westerner, who look like Viet Kieu (Vietnamese living in foreign countries) have to pay more. In the West we usually pay more for our products to increase the taxes for our society. With these social welfare is paid. In Vietnam, everybody has to look for himself. By paying a little more, you help them to survive. Vietnamese never think about this system as a kind of rip-off. Sadly, some do know, and these do scams. There is one small advise for everyone coming and staying in this country: You should ask for the price beforehand. Never use or eat something and then ask for the bill (only do so in places, where prices are fixed). If you know the price before, and you are not willing to pay this, you can decide to try your luck somewhere else.

The western view on money developed in our understanding of equality of man: I, as a student, pay the same as my professor, though his salary is at least ten times higher than mine. I am not feeling badly about this – do you? A milk in the supermarket costs the same for both of us, and no one has a problem. The Vietnamese view is quite different: If someone has a higher income, he also can afford a higher standard of living. By the way, foreigners usually pay a small higher price: If you had to pay 11000, maybe the seller will round the price up to 15000, in very small cases to 20000VND.

If you think you are “scammed“, you should stay calm. Ask for the price and ask why it differs or maybe is too high in your opinion. It is not always easy due to the mostly non existing English skills. But you should try to tell your opinion. Stay calm, don’t use a loud voice. And get inside yourself! Don’t fight with someone over 1000VND. I’ve seen already tourists starting a real fight over 4000VND. Be aware of how much it is in your country! It is not worth getting into trouble. On the other hand! Never present yourself like the rich foreigner, who can afford everything. This snobbish style is not only colonial style but also will destroy the traditional markets. Vietnam already has one problem with tourists who spend a lot of money in the wrong ways. It will raise the prices for all – foreigners and Vietnamese – in the future. If a price seems to high, you should bargain about it. I’ve already met people spending 40 000 VND for a bottle of water, which usually cost at that time around 4000VND! The seller will try to sell for a high price constantly. It effects the whole Vietnamese economy. And this does not even help the Vietnamese, because only some, few individuals will get wealthy. Pay a little more and be aware of it, so you can also help the Vietnamese economy. In the big cities like HCM and Ha Noi fixed prices already are standard in many places, so you do not even think about this anymore.

  1. June 19, 2012

    mrdanial

    Agree with this. Every tourism city in this world will have scam. In term of over priced, I normally check the price before buying anthing. If its too much, I will walk away to another seller. But sometimes, it still okay if the price different not so much (Depends on my mood too)

  2. June 21, 2012

    Ari

    In my opinion, there’re some scams or rip-offs in my countries simply because sellers often think that foreign visitors don’t know about the real value of goods and they don’t want to waste time to bargain with a person who don’t understand English so they can easily gain profit from these people. Therefore, it is good idea for foreigners to go to supermarkets where commodities are fixed the price. ^^

  3. June 21, 2012

    mrdanial

    Agree with Ari. I think if foreigner who are staying right here in Vietnam do not really have problem with scam. But, there will be more trouble to tourist.

    Today I have interesting experience. I was in coffee shop and the waiter didnt return my 1000d (assume h kept it). I just wonder,if 1,000d each customer x 100 person per day, he already collected VND100,000 per day and times 30 days, he managed to collect VND3,000,000 plus his salary VND1,500,000/month.

    OMG! What I am mumbling here :) )

  4. July 19, 2012

    kris

    I think these tips apply to most poor asian countries too… ive been living in S.E.Asia for years now, mostly in the Philippines and theres always been a different price for foreigners, but this is mostly in street level places, not in regular restaurants.

  5. July 19, 2012

    HungTVG

    So my advice is not to buy something at local people’s area, buy them at international area, you will never see dual prices, you will only see high prices

    • July 25, 2012

      Lynne

      LOL!! I do not know if you are being sarcastic HungTVG but your comment is very funny to me. I AM a foreigner here. I now live here. I completely understand that way of thinking. I DO make more money. I can afford a nice lifestyle. I should spend the money to give back to a country that generously lets me live here. I stay away from the tourist areas because I do not like to see how tourism has corrupted people.

      • July 25, 2012

        HungTVG

        he he is it funny….I do not think I was sarcastic, just tried to suggest an idea :D

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