Hanoi, Vietnam’s capital has been rated as the cheapest destination for travelers in summer 2012 (from June 1 to August 31), according to the US website TripAdvisor.

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Van Mieu

Criteria for ranking (TripIndex) is based on the combined costs for 2 people touring and staying one night at a four-star hotel, cocktails at a five-star hotel, a two-course dinner with a bottle of wine, and 2-mile long taxi fares.Hanoi stood out of the surveyed cities from 48 countries which receive the largest number of visitors in the world

Asia has 6 cities among the top ten cheapest localities while European cities are the most expensive with London staying atop.

The cheapest hotel room goes to Bangkok at US$81/ night, while the most expensive goes to London, at US$362 /night.

 * The top five cheapest cities:

1.    Hanoi, Vietnam (US$141.12) 

2.    Beijing, China (US$159.05) 

3.    Bangkok, Thailand (US$161.90) 

4.    Budapest, Hungary (US$193.78) 

5.    Kuala Lumpur, Malaysia (US$194.43) 

 * The top five most expensive cities:

1.    London (US$518.01) 

2.    Oslo, Norway (US$499.91) 

3.    Zurich, Switzerland (US$485.82) 

4.    Paris, France (US$480.76) 

5.    Stockholm, Sweden (US$472.36) 

Source: VOV