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Nomad Score: 73%

Essentials

πŸ™οΈ City Hanoi, the capital city of Vietnam, is known for its rich history, vibrant culture, and bustling streets.
πŸ‘₯ Population Approx. 8.5 million
πŸ’» Internet Speed Average speed of 30-50 Mbps, with many cafes and coworking spaces offering high-speed connections.
πŸ’Έ Currency & Banking 1 USD β‰ˆ 24,000 VND. ATMs widely available, but check for foreign card acceptance.
🚰 Tap Water Not drinkable; bottled water is recommended.
πŸ”Œ Power 220V, 50Hz, πŸ”Œ Type A/C sockets are used.
πŸ“Ά SIM Card Popular providers include Viettel and Mobifone, with packages starting from 100,000 VND for data.
πŸ’³ Banking for Expats International cards like Visa and Mastercard are commonly accepted; banks like Vietcombank and Techcombank are expat-friendly.
πŸ›Œ Accommodation Options include Airbnb, local apartments via websites like Homestay.vn, and serviced apartments.
πŸ’³ Cashless Friendly Yes, many places accept cards and mobile payment apps like MoMo.
🏠 Short Term Rentals Airbnb and local rental sites are popular; rates average around 500,000 VND per night.
πŸ›οΈ Budget Accommodation Hostels start from 150,000 VND per night, with popular options like Hanoi Backpackers Hostel.
πŸ™οΈ Best Area to Stay for Tourists The Old Quarter is recommended for its vibrant atmosphere, proximity to attractions, and restaurants.
πŸ™οΈ Best Area to Stay for Digital Nomads Tay Ho (West Lake) offers a good mix of cafes, coworking spaces, and a relaxed vibe.

Working and Networking

🏒 Best Coworking Space Toong Coworking Space, located in Tay Ho, offers excellent amenities with a monthly fee starting from 1 million VND.
β˜• Best Cafe for Work The Hanoi Social Club, known for its cozy ambience and free WiFi.
πŸ’Ό Networking Events Hanoi Business Meetup is a regular event for networking with locals and other expats.
πŸ₯‚ Social Events for Expats Join the 'Hanoi Expats' Facebook group for news on community gatherings.

Transportation

πŸš• Best Taxi/Ride App Grab is the most popular ride-hailing app in Hanoi.
🚲 Bike/Scooter Rental Rent a scooter via services like GoJek or local rental shops for about 80,000 VND/day.
πŸ–οΈ Best Beach Nearby Ha Long Bay is the nearest coastline, approximately 2.5 hours away by car.
✈️ Top Regional Airline VietJet Air, offering flights to major destinations in Vietnam.
✈️ Top International Airline Vietnam Airlines provides extensive international connectivity.
πŸ›£οΈ Highway Access Connected via National Route 1A, leading south toward Ho Chi Minh City.
πŸš‰ Main Train/Transit Hub Hanoi Railway Station, which connects to major cities in Vietnam and beyond.
🚍 Public Transport Passes Currently, bus passes are available for local use, with fares starting at 7,000 VND.
✈️ Regional Travel Travel to nearby cities via train service or by booking a bus through websites like vexere.com.

Health and Wellness

πŸ₯ Best Hospital Vinmec International Hospital is a reputable facility for healthcare.
🧘 Yoga & Wellness Centers Yoga Centre Vietnam offers various classes and programs.
πŸ‹οΈ Gyms & Fitness Centers California Fitness & Yoga is well-regarded with various membership options.
🧺 Laundry Services Laundromats are common; services like Wash & Fold start at 50,000 VND per kg.

Food and Drink

πŸ“± Best Food Delivery App Now.vn is widely used for food delivery, catering to a variety of cuisines.
🍽️ Best Local Dish to Try Phở, a traditional Vietnamese noodle soup found at many street stalls.
🍱 Vegan/Vegetarian Options Vegan Life offers numerous plant-based meals across multiple locations.
🍫 Best Dessert Spots Fanny Ice Cream is famous for its delicious local flavors.
πŸ›’ Affordable Shopping Spots Dong Xuan Market features a wide range of products at reasonable prices.
πŸ›’ E-commerce/Online Store Lazada.vn and Tiki.vn are popular online shopping platforms.
πŸ›’ Grocery Delivery FreshBox delivers fresh produce and daily groceries to your door.
🍸 Bar/Nightlife Area The Old Quarter has many lively bars offering a range of drinks and local beers.
🍻 Local Brewery Bia Hoi (fresh beer) is a staple in Hanoi, available at many street-side spots.
🍷 Wine Bars The Wine Cellar offers a curated selection of local and foreign wines.
🍲 Street Food Stalls Try street-side bÑnh mì vendors for delicious sandwiches at very low prices.
πŸ• Popular International Cuisine Pizza 4P’s is well-known for its gourmet pizzas and Italian dishes.

Culture and Attractions

🎟️ Must-See Landmarks Hoan Kiem Lake and the Ngoc Son Temple are essential visits in Hanoi.
πŸ›οΈ Museums & Art Venues The Vietnam National Museum of Fine Arts is a must for art lovers.
🏰 Historical Sites The Ho Chi Minh Mausoleum is an important historical site.
πŸ• Religious Sites One Pillar Pagoda is a unique architectural landmark and a place of worship.
πŸŽ‰ Annual Events The Hanoi Lantern Festival in September attracts locals and tourists alike.
🎨 Cultural Districts Explore the Old Quarter for its narrow streets and artisan shops.
🎭 Theater Venues The Thang Long Water Puppet Theatre offers traditional performances.
πŸ›οΈ Local Markets Dong Xuan Market is the largest and most vibrant market in Hanoi.
🎼 Music Scene Street performances are common in parks, with live music events regularly held.
🎨 Street Art The Hanoi Street Art project features murals and installations across the city.
πŸ§‘β€πŸ³ Cooking Classes The Hanoi Cooking Centre offers courses for all skill levels.
πŸ‘©β€πŸŽ¨ Art Galleries Art Vietnam Gallery showcases contemporary Vietnamese art.
πŸ•°οΈ Historic Buildings The Imperial Citadel of Thang Long is a UNESCO World Heritage site.
🏴 Local Heritage Hanoi's blend of ancient and colonial architecture represents its rich history.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Tam Dao National Park offers stunning hiking and nature experiences.
🏞️ National Parks Nearby Cuc Phuong National Park is the oldest national park in Vietnam, about 2 hours away.
🚲 Cycling/Walking Paths The walking paths around Hoan Kiem Lake are popular among locals and tourists.
πŸŒ„ Scenic Viewpoints The Lotte Observation Deck provides panoramic views of the city.
πŸ¦‰ Birdwatching Locations Bai Tu Long Bay, north of Hanoi, is great for birdwatching and nature tours.
πŸ”₯ Bonfire-Friendly Spots The parks along West Lake have designated picnic areas for gatherings.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service Viettel Post and VNPPost provide reliable parcel delivery services.
πŸ› οΈ Tech Repair Services Hanoi has multiple tech repair shops, with services like Fix IT located in the Old Quarter.
πŸ“ Table Tennis Spots Table tennis clubs and community centers offer spaces to play, like Hanoi Sports Club.
πŸ§‘β€πŸ« Language Classes Hanoi Language Centre offers Vietnamese language courses for foreigners.
πŸ“š Libraries & Study Spots The National Library of Vietnam is a quiet study space.
🏘️ Community Centers Places like the Vietnam Cultural Centre host various community events.
πŸ•ΉοΈ Gaming Lounges GG Gaming Lounge provides gaming facilities and equipment.
🎰 Casino & Gaming Halls The Gamvico Club offers various gaming options, located near Hoan Kiem Lake.

Business

🏒 Studio Purchase Price (City Center) Approx. $2,500 per m² (e.g., 40 m² = $100,000) in Hoan Kiem District.
🏒 Studio Purchase Price (Outside City) Approx. $1,800 per m² (e.g., 40 m² = $72,000) in suburban areas like Thanh Xuan.
🏠 1-Bedroom Purchase Price (City Center) Approx. $2,800 per m² (e.g., 60 m² = $168,000) in the Old Quarter.
🏠 1-Bedroom Purchase Price (Outside City) Approx. $2,200 per m² (e.g., 60 m² = $132,000) in areas like Nam Tu Liem.
🏑 2-Bedroom Purchase Price (City Center) Approx. $3,000 per m² (e.g., 80 m² = $240,000) in Tay Ho.
🏑 2-Bedroom Purchase Price (Outside City) Approx. $2,500 per m² (e.g., 80 m² = $200,000) in districts like Ha Dong.
πŸ’Ό Corporate Tax 20% is the standard corporate tax rate.
πŸ’΅ Dividend Withholding Tax The rate is 5% for dividends distributed to foreign entities.
🏦 Tax System Vietnam uses a territorial tax system; income sourced from Vietnam is subject to tax.
πŸ“ˆ Highest Income Tax Bracket The maximum personal income tax rate is 35%.
🧾 VAT The standard VAT rate is 10%.
🌐 Controlled Foreign Company (CFC) Rules Yes, CFC rules apply to foreign companies.
🏠 Property Tax There is an annual property tax based on the property's location and value.
🏠 Property Transaction Tax The rate ranges from 2-4% depending on the location.
πŸ’» Attractive Tax System for Digital Nomads Digital nomads can benefit from low living expenses and potential tax incentives.

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