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Hanoi, Vietnam 🇻🇳
#518 ,

Nomad Score: 71%

Essentials

🏙️ City Hanoi, the capital city of Vietnam, is known for its rich history, vibrant culture, and bustling streets.
👥 Population Approx. 8.5 million
💻 Internet Speed Average speed of 30-50 Mbps, with many cafes and coworking spaces offering high-speed connections.
💸 Currency & Banking 1 USD ≈ 24,000 VND. ATMs widely available, but check for foreign card acceptance.
🚰 Tap Water Not drinkable; bottled water is recommended.
🔌 Power 220V, 50Hz, 🔌 Type A/C sockets are used.
📶 SIM Card Popular providers include Viettel and Mobifone, with packages starting from 100,000 VND for data.
💳 Banking for Expats International cards like Visa and Mastercard are commonly accepted; banks like Vietcombank and Techcombank are expat-friendly.
🛌 Accommodation Options include Airbnb, local apartments via websites like Homestay.vn, and serviced apartments.
💳 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.
🛏️ Budget Accommodation Hostels start from 150,000 VND per night, with popular options like Hanoi Backpackers Hostel.
🏙️ Best Area to Stay for Tourists The Old Quarter is recommended for its vibrant atmosphere, proximity to attractions, and restaurants.
🏙️ 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.
Best Cafe for Work The Hanoi Social Club, known for its cozy ambience and free WiFi.
💼 Networking Events Hanoi Business Meetup is a regular event for networking with locals and other expats.
🥂 Social Events for Expats Join the 'Hanoi Expats' Facebook group for news on community gatherings.

Transportation

🚕 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.
🏖️ 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.
🛣️ Highway Access Connected via National Route 1A, leading south toward Ho Chi Minh City.
🚉 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

🏥 Best Hospital Vinmec International Hospital is a reputable facility for healthcare.
🧘 Yoga & Wellness Centers Yoga Centre Vietnam offers various classes and programs.
🏋️ 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

📱 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.
🛒 Affordable Shopping Spots Dong Xuan Market features a wide range of products at reasonable prices.
🛒 E-commerce/Online Store Lazada.vn and Tiki.vn are popular online shopping platforms.
🛒 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 bánh mì vendors for delicious sandwiches at very low prices.
🍕 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.
🏛️ 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.
🕍 Religious Sites One Pillar Pagoda is a unique architectural landmark and a place of worship.
🎉 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.
🛍️ 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.
🧑‍🍳 Cooking Classes The Hanoi Cooking Centre offers courses for all skill levels.
👩‍🎨 Art Galleries Art Vietnam Gallery showcases contemporary Vietnamese art.
🕰️ 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

🌅 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.
🌄 Scenic Viewpoints The Lotte Observation Deck provides panoramic views of the city.
🦉 Birdwatching Locations Bai Tu Long Bay, north of Hanoi, is great for birdwatching and nature tours.
🔥 Bonfire-Friendly Spots The parks along West Lake have designated picnic areas for gatherings.

Other Services and Amenities

📦 Parcel Delivery Service Viettel Post and VNPPost provide reliable parcel delivery services.
🛠️ Tech Repair Services Hanoi has multiple tech repair shops, with services like Fix IT located in the Old Quarter.
🏓 Table Tennis Spots Table tennis clubs and community centers offer spaces to play, like Hanoi Sports Club.
🧑‍🏫 Language Classes Hanoi Language Centre offers Vietnamese language courses for foreigners.
📚 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.
🕹️ 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.
💼 Corporate Tax 20% is the standard corporate tax rate.
💵 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.
📈 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.
💻 Attractive Tax System for Digital Nomads Digital nomads can benefit from low living expenses and potential tax incentives.