HCM City (VNA) - The cost of automobile rentals has risen as much as 20-100 percent as Tet (Lunar New Year) approaches, according to rental car agencies.

Cars such as Innova, Vios, Laceti, and Matiz, among others, for example, cost between 800,000 VND (35.88 USD) and 1 million VND (44.86 USD) per day, compared with 650,000 VND (30 USD) on ordinary days. This is about 20 percent higher than usual.

For more luxury models, prices are expected to rise to 2 million VND (89.72 USD) a day instead of 1 million VND (44.86 USD) per day, a 100 percent rise.

Most visitors rent cars to travel to tourist destinations like Vung Tau in the southern province of Ba Ria-Vung Tau, Nha Trang in the central province of Khanh Hoa Province, and Da Lat in the Central Highlands province of Lam Dong, according to Hong Ngoc Quang, director of a travel transport cooperative in Ho Chi Minh City's District 10.

Tet, which falls on February 8, is Vietnam's biggest traditional celebrations honouring family reunions and recreation.

During the holiday, some Vietnamese people travel while others visit pagodas or return to their hometowns for family reunions and holiday celebrations.-VNA