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Top 5 Affordable Travel Destinations where Money will be the Last Thing on your Mind!

Indian currency seems weak when compared to international currencies. Hence, planning a trip to New York or California is not easy

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affordable travel destinations
Japan will have your heart at first sight! Pixabay

How many times has it happened that you longed for an exotic foreign trip, but gave up on the idea because of upsetting figures in your bank balance? Indian currency seems weak when compared to international currencies. Hence, planning a trip to New York or California is not easy; everybody knows these are expensive places and you will have to think twice before your NYC dreams come true.

But what if we tell you there are countries in the world that you can visit and gather equally thrilling and exotic experiences, at much lesser price?

Yes, there are countries that can be on your travel bucket list, where money will be the last thing you will worry about! These places are not only unique and undoubtedly beautiful, they are relatively cheap and our Indian currency will prove a stronger, higher currency when compared to their own currencies!

So, what are you waiting for? We bring you our top 5 picks for affordable travel destinations and you should get packing!

 1. SRI LANKA

1 INR (Indian Rupee) = 2.37 LKR (Sri Lankan Rupee)*

Sri Lanka is the first in our affordable travel destinations list!

affordable travel destinations
Sri Lankan beaches are a sight not to be missed. Pixabay

Despite being extremely small in size, Sri Lanka is a heavenly abode that makes it to the post of top five biodiversity hotspots in the world!

Dive in with the blue whales or watch spinner dolphins play against the setting sun! Go on a wildlife safari and spend days playing with elephants in the water.

affordable travel destinations
Elephant safari in Sri Lanka. Pixabay

Sri Lanka is a haven for back-packers, packed with Dutch architecture from the times of Sri Lanka colonialists, and exotic scenic locales, it is closer to home and yet, everything that any far-off international destination could possibly offer!

 

 2. JAPAN

1 INR (Indian Rupee) = 1.70 JPY (Japanese Yen)*

Cute buildings, cute people, cute food, and cute everything else! Second on our list of affordable travel destinations is Japan.

Food is an integral part of Japan, and something that the Japanese wholly embrace as a prime part of life.

Japan’s history is intrinsically linked to the Buddhist, Shinto, and Taoist faiths- the reason why a visit to Japan will be no less than a serene and tranquil experience.

affordable travel destinations
Japan will have your heart at first sight! Pixabay

Japan is categorically blessed with natural beauty with the country boasting of extremely rare and fascinating flora and fauna – experience the magnificence of Mt. Fuji in summer and spring, and visit the streets completely covered with cherry blossoms in March and April- Japan will present you with sights that will simply take your breath away!

 

 3. ICELAND

1 INR (Indian Rupee) = 1.66 ISK (Icelandic Króna)*

Iceland convincingly makes it to the third spot on our affordable travel destinations list. Iceland is situated just below the Arctic Circle, which means the country has 24-hour daylight from mid-May to late July. Isn’t that already stimulating?

And who hasn’t heard of Iceland’s famous northern lights? The county is undoubtedly one of the world’s best places to witness the magic of the northern lights or aurora borealis. The best time to witness the magic of these celestial marvels from September to mid-April.

affordable travel destinations
The northern lights, do they even look real? Pixabay

Iceland’s rich water supply is undoubtedly its most valuable natural resource. Why are we telling you about this? Iceland has natural pools that can be found all around the country, calmly seated in natural environment.

affordable travel destinations
Iceland has natural pools that make for magnificent sights! Pixabay

Fun fact : People of Iceland do not have surnames. They follow the traditional Nordic naming system in which a person’s name includes their father’s first name.

 

 4. HUNGARY

1 INR (Indian Rupee) = 4.00 HUF (Hungarian Forint)*

From its cosmopolitan cities to the charming countryside, Hungary will provide you with innumerable reasons to make a stop here. Nonetheless, it is going to be a decision you will not regret. From mouth-watering food to traditional folk culture, Hungary offers something for everybody, which is what brings the country on the fourth spot in our affordable travel destinations list.

Hungary’s countryside is filled with naturally magnificent sights- from natural landscapes in the Hortobagy National Park, to extravagant caves of Lillafured, your Hungarian vacation will be both peaceful and beautiful!

affordable travel destinations
Szechenyi Chain Bridge. Pixabay

Hungary will be the best option if you’re looking for an affordable vacation – with affordable food, drink, and many of the country’s attractions being totally free to visit such as the Chain Bridge)

 

5. VIETNAM

1 INR (Indian Rupee) = 353.78 VND (Vietnamese Dong)*

The last on the list of affordable travel destinations is Vietnam. With its fascinating history, succulent food, gorgeous beaches, old towns, islands and waters, Vietnam should definitely be on everybody’s bucket list.

affordable travel destinations
Sunrise at Vietnam is to die for! Pixabay

Street food is a trademark of Vietnam and you will find countless food stalls on street sides throughout your trip that you can gorge on! Vietnam will also not disappoint mountaineers, or adventure seekers- you can either rent a motorbike and drive to the scenic mountains in the north or along the length of the country from north to south – but beware, this thrilling ride is not for the faint-hearted.

Don’t forget to share with us if you do plan a trip to any of these places!

* Conversion rates are subject to change. 

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Investors in Vietnam to be More Cautious While Investing in Tech Startups

Vietnamese Investors More Cautious with Tech Startups

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Investors
Investors and entrepreneurs in the communist nation are taking a more critical look at their businesses after seeing others get burned overseas. Pixabay

Vietnamese startups are heading into the new year looking to avoid the mistakes of such companies as Uber and WeWork, which disappointed investors in 2019 for failing to turn a profit after so much buildup.

Investors and entrepreneurs in the communist nation are taking a more critical look at their businesses after seeing others get burned overseas. WeWork, which rents out shared workspaces, was seen as a cautionary tale of a startup that did not live up to expectations and was not profitable.

For years, investors were willing to back losing businesses to gain market share. But now, there is more scrutiny of new investments.

ho-chi-minh Investors
Ho Chi Minh City is the business hub of Vietnam, where fast economic growth has attracted startup investors. VOA

Benchmarks set

The Vietnam Innovative Startup Accelerator (VIISA) requires its technology startups to meet a list of benchmarks throughout their time in the program.

“Apart from very intuitive selection criteria that all applying startups have to go through, the program has introduced a new development measurement method, which helps us to capture the progress of startups that are accepted into VIISA,” Hieu Vo, a board member and chief financial officer at VIISA, said. “I think this process will bring out the best in each person for the particular business they have founded and committed to.”

Vo said his colleagues sit down with startups when they join the accelerator to discuss key performance indicators, or KPI, that will be set as goals. VIISA also does training for the young businesses so they have quantifiable skills, such as how to structure a business deal, or how to set up their accounting system.

Having metrics and ratings, Vo said, supports “both business performance, as well as personal transformation of founders.”

Investors Uber
Uber was one among those companies that left investors disappointed in 2019. Wikimedia Commons

Founder scrutiny

The founder as an individual has become a point of scrutiny for investors, who used to be more forgiving of an eccentric or aggressive founder, seen as part of the package to have a tech genius head an innovative business. But there has been a backlash among those who think too much permissiveness can damage a business, from the sexual misconduct amid the workplace culture of Uber, to the conflicts of interest in business decisions at WeWork.

It helps to not just think short term and to have an outside perspective, according to Pham Manh Ha, founder and chief executive officer of Beekrowd, an investment platform in Ho Chi Minh City.

“As a first-time founder, it seems impossible for us to look beyond the first six months to a year of our business,” he said, adding that experienced third parties can help businesses take the long view. “They stand outside the trees that are blocking us from seeing the forest.”

Also Read- Know About the Impact of Bushfires in Australia on Wildlife

To see the forest, Vietnamese businesses like his are taking a more measured approach. Vietnam has seen an escalation of tech startups, as investors have rushed to put their money to work and take advantage of the economy’s fast growth.

They also remember the dot-com bubble in the United States, and the more recent global tech bubble, two reminders for caution. (VOA)