Open air markets are ubiquitous in Vietnam. While much of the develop world relies on supermarket to get their fresh produce and other grocery items, many countries like Vietnam still rely on good ol open markets.
There are stark contrasts between the two, none more significant than the fact the latter has no fixed prices. Its quite possible each customer will get a different price. With no real regulation, this truly is a laissez-faire open market, no pun intended. The subsequent result is a culture of bargaining, a classic back-in-forth battle between seller and buyer until a final price can be agreed upon.
Bargaining is so commonplace that it is expected that one bargains even when one is a regular customer. Refusing to partake in the ritual, one runs the risk of being ripped-off.However, it isnt a skill many are adept because it makes us feel uncomfortable. To the unaware traveler, it may very well feel like Vietnamese people are trying to cheat them. It isnt only you who feel cheated, many Vietnamese complain about the price discrepancy when they travel to another region in Vietnam. Let me reassure you that while it happens everywhere around the world, that probably isnt most peoples intention here in Vietnam.
I personally dont like bargaining, a few dollars here and there isnt going to bankrupt me. The longer I lived here and the more I assimilated, however, I realize that it isnt about the money. Bargaining is more of a form of social interaction meant to create and sustain relationships. At the every least it creates dialogue, encouraging people to talk more to one another. Take for what it is, a fun little game. And in the end both parties will be happy, the seller having acquired a new customer and the buyer content the seller gave in and gave a discount.
I learned to have fun with it and in the process Ive become somewhat of an expert. It can be uncomfortable at first but youll get the hang of it. So below are some of my tips to bargaining successfully in Vietnam.
Always Bargain
Unless you go into a supermarket or department store or unless theres clearly a price tag, you should always bargain. You can pretty much bargain for anything: souvenirs, food and drinks, anything you buy on the street or in the market, rickshaw fare and even hotel rooms. Be sure to negotiate the price before the service is rendered or else youre responsible for the price asked.
-->> Vietnamese Dong
Smile and have fun
The vendor is more inclined to give you a better price if youre friendly and making them laugh. Remember to relax, smile, and enjoy the exchange.
Learn some basic Vietnamese
Vietnamese people are always pleasantly surprised and excited to hear a foreigner speak their language. Learning a few phrases like baonhieutien (how much), dat qua (too expensive), giamgia (lower the price) will certainly help your cause.
Research the market price
It certainly helps if you have a rough idea of how much something actually cost. The internet and countless travel websites can provide you the answer. If theres something you know you want to buy, especially if its costly be sure to research the price.
Counter and continue to fight for 2 more rounds
When you ask for the price, the seller will give you a ridiculously high price. The rule of thumb is to counter with 50% of the asking price. If its too low, youll be able to tell by the sellers reaction. The seller will then proceed to give you a new price which will be closer to the actual price. Continue on for 2 more rounds of this back-in-forth and youll get the price your heart desire.
The walk away
Finally, I bestow on you my secret move. If youre not satisfied with the price or sense that tension is flaring, simply pretend to walk away. The thought of losing a customer will force the seller to succumb and give you the best possible price they can offer. Trust me, it works like a charm.
