The 7 Biggest Budget-Friendly Restaurant in Hanoi

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Vietnam is a culinary paradise, offering a diverse range of delicious dishes at affordable prices. Whether you’re a local or a tourist, there are plenty of budget-friendly restaurants across the country where you can indulge in authentic Vietnamese flavors without breaking the bank. Here are five of the largest and most popular budget-friendly restaurants in Vietnam:

  • Bún Chả Hương Liên: Located in the heart of Hanoi’s Old Quarter, Bún Chả Hương Liên is a legendary restaurant that has been serving up mouthwatering bún chả, a traditional Vietnamese dish made with grilled pork, rice noodles, and a tangy dipping sauce, for over 30 years. The restaurant is famous for its affordable prices, generous portions, and delicious flavors.
  • Phở Thìn Lò Đúc: This iconic Hanoi restaurant is known for its exceptional phở, a Vietnamese noodle soup made with beef or chicken broth, rice noodles, and a variety of toppings. Phở Thìn Lò Đúc has been in operation for over 60 years and has gained a loyal following for its consistently high-quality phở and affordable prices.
  • Bánh Xèo Cô Ba: Located in Ho Chi Minh City, Bánh Xèo Cô Ba is a beloved restaurant specializing in bánh xèo, a crispy Vietnamese pancake filled with shrimp, pork, and bean sprouts. The restaurant’s bánh xèo are known for their crispy texture, generous fillings, and flavorful dipping sauce. Bánh Xèo Cô Ba is a popular spot for locals and tourists alike, and its prices are very reasonable.
  • Cơm Tấm Ba Ghiền: This renowned Ho Chi Minh City restaurant is famous for its cơm tấm, a broken rice dish served with grilled pork, eggs, and various condiments. Cơm Tấm Ba Ghiền is known for its delicious flavors, affordable prices, and generous portions. The restaurant is a favorite among locals and tourists, and it often has long lines during peak hours.
  • Bún Bò Huế O Xuân: Located in Hue, the former imperial capital of Vietnam, Bún Bò Huế O Xuân is a highly regarded restaurant serving up authentic bún bò Huế, a spicy beef noodle soup. The restaurant has been in operation for over 20 years and has gained a reputation for its delicious flavors, affordable prices, and friendly service.
Peace Lounge & cafe in Hanoi
Peace Lounge & cafe in Hanoi

The 7 Biggest Budget-Friendly Restaurant near Hanoi

Lake View Side Restaurant

  • Address: 47 P. Hàng Dầu, Lý Thái Tổ, Hoàn Kiếm, Hà Nội 100000, Vietnam
  • Map: Click here
  • Rating: 4.9 (419)
  • Phone: +84 834 063 388
  • Website:
  • Opening hours:
    Monday: 9:00 AM – 11:00 PM
    Tuesday: 9:00 AM – 11:00 PM
    Wednesday: 9:00 AM – 11:00 PM
    Thursday: 9:00 AM – 11:00 PM
    Friday: 9:00 AM – 11:00 PM
    Saturday: 9:00 AM – 11:00 PM
    Sunday: 9:00 AM – 11:00 PM
  • Reviews:
    Charlotte✭✭✭✭✭
    a week ago
    This restaurant deserves a million stars! The food was so delicious!!!! I will never forget my experience here. Leo was the best, he was so friendly! He made everything so much better and fun!!!
    Win Myint Thein✭✭✭✭✭
    2 months ago
    All the dishes we had were fresh and delicious. Location wise, it’s located near the lake at the Old quarter, which is basically near to everything.

    I fully recommend to come and have tasty authentic food at this restaurant. On top of the quality food, Hoai, the server, provided very good service that increases our appetite.

    Bích Phạm✭✭✭✭✭
    a month ago
    The food is quite good not excellent, we love Roasted squid with salt and seafood soup, spring rolls, services staff Leo made us pleasant. The space and decoration is suitable for Christmas day.
    Clemence Chee✭✭✭✭✭
    2 months ago
    The location of this Restaurant is superb, situated just beside Hoan Kiem Lake. Ordered Coconut Fried Rice, Fried Squid and Banh Xeo. Food is yummy and serving quite big. Hope to visit again next time.
    B. Trepp✭✭✭✭✭
    in the last week
    Amazing place to eat – during our 3 day stay in Hanoi we were twice there! Leo was a charming waiter, fun but still very professional.

Peace Lounge & cafe

  • Address: 80 P. Mã Mây, 2floor, Hoàn Kiếm, Hà Nội 100000, Vietnam
  • Map: Click here
  • Rating: 5 (351)
  • Phone: +84 833 973 388
  • Website:
  • Opening hours:
    Monday: 9:00 AM – 11:00 PM
    Tuesday: 9:00 AM – 11:00 PM
    Wednesday: 9:00 AM – 11:00 PM
    Thursday: 9:00 AM – 11:00 PM
    Friday: 9:00 AM – 11:00 PM
    Saturday: 9:00 AM – 11:00 PM
    Sunday: 9:00 AM – 11:00 PM
  • Reviews:
    sia vatcha✭✭✭✭✭
    2 months ago
    My sister and I really enjoyed our meal there. The Vietnamese spring rolls were just yummy beyond taste and the beef soup were also just perfect for our empty stomach after the flight. We’ve been served by Jack and he was a real sweety, serving with a big smile. The place is also just gorgeous. ?⭐️?
    Fazela✭✭✭✭✭
    3 months ago
    Food was delicious, service was great and the decorations is stunning with all the lanterns. Nhi our waitress was lovely and very accommodating. Would highly recommend and it is very affordable. We ordered the chicken spring rolls, beef noodles and seafood soup pho.
    Melanie Lau✭✭✭✭✭
    2 months ago
    The food was amazing! Prawn rice rolls have got pieces of mango inside them, which were incredibly refreshing and upgraded the dish! Bun Cha is like a grilled meat BBQ with veggie and rice noodles, again very fresh! Stir fried morning glory – simple cooking yet delicious veggie? Environment also clean, spacious and has got good decor. Last but not least, Nhi had very friendly and nice service! She greeted us well and asked how the food was and offered to take pictures for us. ??
    Bonnie Lui✭✭✭✭✭
    3 months ago
    We had an incredible meal! The grilled chicken was tender, juicy and just simply perfectly prepared. The morning glory was solid with an overly generous portion we couldn’t finish and the coconut fried rice with beef had some soft of magical ingredient that made it so tasty. Our drinks (passion fruit mojito & mango smoothie) we also impressive. They both weren’t too sweet but delicious and refreshing. We were luckily to have Nhi as our guest waitress because she was courteous, knowledgeable and gave us great recommendations.
    Arthur Abal✭✭✭✭✭
    2 months ago
    I just dined at Peace Lounge and Cafe, and it was an experience that deserves high praise. This gem offers a serene and aesthetically pleasing environment, perfect for a relaxed meal. The vegan-friendly menu, with ample options for meat-eaters, makes it an ideal spot for diverse palates, catering to both my vegan preferences and my partner’s carnivorous tastes.

    Maya, our server, was a standout. Her patience and elegance in guiding me through the proper way to enjoy a Vietnamese Pancake elevated our dining experience. It’s rare to find such attentive and graceful service.

    The food here is not only delicious but also generously portioned, offering great value for the price. Whether you’re vegan or a meat lover, the menu is diverse enough to satisfy all cravings without breaking the bank.

    Peace Lounge and Cafe is an excellent choice for anyone looking to unwind during the day in a quiet, stylish setting. The AC is perfect to escape from the bustling street! Their commitment to accommodating various dietary needs, combined with their superb service, makes this place a must-visit. Thank you, Maya, for making our meal memorable!

Hương Việt

  • Address: 13 P. Hàng Cá, Hàng Bồ, Hoàn Kiếm, Hà Nội, Vietnam
  • Map: Click here
  • Rating: 4.8 (1990)

Tung’s Kitchen

  • Address: 2 P. Hàng Bông, |, Hoàn Kiếm, Hà Nội 100000, Vietnam
  • Map: Click here
  • Rating: 4.9 (3134)

Hong Hoai’s Restaurant

  • Address: 20 P. Bát Đàn, Hàng Bồ, Hoàn Kiếm, Hà Nội 100000, Vietnam
  • Map: Click here
  • Rating: 4.9 (7412)

Green Farm Restaurant & Cooking Class Vietnamese Foods restaurant & vegan Menu

  • Address: 44 P. Đào Duy Từ, Hàng Buồm, Hoàn Kiếm, Hà Nội, Vietnam
  • Map: Click here
  • Rating: 4.5 (1373)

Bun Cha Ta Hanoi

  • Address: 21 P. Nguyễn Hữu Huân, Lý Thái Tổ, Hoàn Kiếm, Hà Nội, Vietnam
  • Map: Click here
  • Rating: 4.4 (3103)
Peace Lounge & cafe in Hanoi
Peace Lounge & cafe in Hanoi

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Top Budget-Friendly Restaurant Alternatives in Hanoi

KFC (also commonly referred to by its historical name Kentucky Fried Chicken) is an American fast food restaurant chain headquartered in Louisville, Kentucky, that specializes in fried chicken. It is the world's second-largest restaurant chain (as measured by sales) after McDonald's, with 22,621 locations globally in 150 countries as of December 2019. The chain is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell chains.KFC was founded by Colonel Harland Sanders (1890–1980), an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression. Sanders identified the potential of the restaurant franchising concept and the first "Kentucky Fried Chicken" franchise opened in Salt Lake City, Utah, in 1952. KFC popularized chicken in the fast-food industry, diversifying the market by challenging the established dominance of the hamburger. By branding himself as "Colonel Sanders", Harland became a prominent figure of American cultural history and his image remains widely used in KFC advertising to this day. However, the company's rapid expansion overwhelmed the aging Sanders and he sold it to a group of investors led by John Y. Brown Jr. and Jack C. Massey in 1964.

KFC was one of the first American fast-food chains to expand internationally, opening outlets in Canada, the United Kingdom, Mexico and Jamaica by the mid-1960s. Throughout the 1970s and 1980s, it experienced mixed fortunes domestically, as it went through a series of changes in corporate ownership with little or no experience in the restaurant business. In the early 1970s, KFC was sold to the spirits distributor Heublein, which was taken over by the R. J. Reynolds food and tobacco conglomerate; that company sold the chain to PepsiCo. The chain continued to expand overseas, however, and in 1987 it became the first Western restaurant chain to open in China. It has since expanded rapidly in China, which is now the company's single largest market. PepsiCo spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands.
KFC's original product is pressure-fried chicken pieces, seasoned with Sanders' signature recipe of "11 herbs and spices". The constituents of the recipe are a trade secret. Larger portions of fried chicken are served in a cardboard "bucket", which has become a feature of the chain since it was first introduced by franchisee Pete Harman in 1957. Since the early 1990s, KFC has expanded its menu to offer other chicken products such as chicken fillet sandwiches and wraps, as well as salads and side dishes such as French fries and coleslaw, desserts and soft drinks; the latter often supplied by PepsiCo. KFC is known for its slogans "It's Finger Lickin' Good!", "Nobody does chicken like KFC" and "So good".

The Biggest Budget-Friendly Restaurant in Vietnam

When it comes to budget-friendly dining options in Hanoi, there are several popular alternatives that offer delicious food at affordable prices. Here are the top three budget-friendly restaurants to try:

  • Quan Pho Hang Trong: Located in the Hang Trong neighborhood, this humble eatery is famous for its traditional Vietnamese pho. The restaurant offers a variety of pho options, including beef, chicken, and vegetarian, all served in generous portions at reasonable prices. The broth is flavorful, and the noodles are cooked to perfection, making it a popular choice among locals and tourists alike.
  • Bun Cha Ta: Known for its mouthwatering grilled pork served with vermicelli noodles, Bun Cha Ta is a must-visit for budget-conscious foodies. The restaurant is small and often crowded, but the food is well worth the wait. The dish comes with a side of fresh herbs, vegetables, and a flavorful dipping sauce. With its affordable prices and delicious flavors, Bun Cha Ta has become a favorite among locals and visitors looking for an authentic taste of Hanoi.
  • Bun Bo Nam Bo: This popular street food stall offers a delicious and budget-friendly option for those craving a bowl of Bun Bo Nam Bo. The dish consists of stir-fried beef, vermicelli noodles, fresh herbs, bean sprouts, and a tangy fish sauce dressing. At Bun Bo Nam Bo, you can customize your bowl with additional toppings like fried onions or quail eggs. The stall is usually busy during peak hours, but the wait is worth it for the flavorful and affordable meal.

These three budget-friendly restaurants in Hanoi offer a taste of authentic Vietnamese cuisine without breaking the bank. Whether you’re craving a bowl of pho, grilled pork with vermicelli noodles, or stir-fried beef with fresh herbs, these restaurants provide delicious options at affordable prices.

Thank you for taking the time to read our article. For more in-depth reviews and comprehensive ratings on the Budget-Friendly Restaurant spots, please explore the recommended articles listed below.

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