Li Xi (Lucky Money): The Fascinating Story & Guide for Expats

Updated 20/03/26
Vietnamese traditional Tet custom giving lucky money.

When the streets turn red and gold, it means Lì Xì season is here. Those little red envelopes are more than decoration; they are a complex web of social currency.

We break down the legend and the rules in this guide. For the rest of your holiday logistics—routes, food, and repairs—consult The Ultimate Guide to Riding Vietnam During Tet.

Contents

What is Li Xi?

a red envelope for li xi, lucky money

Lì Xì (pronounced lee-see) essentially means “lucky money.”

During the first few days of the Lunar New Year, adults give these red envelopes to children and elders. It is also known as Tiền Mừng Tuổi (money to congratulate the new age), because traditionally, Vietnamese people did not celebrate individual birthdays. Instead, everyone turns one year older together on New Year’s Day.

The money inside is symbolic. The red envelope represents luck, prosperity, and the warding off of evil spirits for the coming year.

The Legend of the Ogre "Tuy"

Red Li Xi envelopes with gold lettering for Tet Lunar New Yea

Why do we do this? Like many Vietnamese customs, there is an ancient legend behind it.

Once upon a time, all the evil spirits on Earth were trapped inside a giant peach blossom tree in the Eastern Sea, guarded by deities. However, on New Year’s Eve, the deities had to ascend to Heaven to pay their respects, leaving the tree unguarded.

An evil ogre named Tuy escaped. He would sneak into houses and rub the heads of sleeping children, causing them to wake up screaming with high fevers. Parents were terrified and had to stay awake all night to guard their little ones.

One year, eight deities passed through a village and saw the parents’ distress. They transformed themselves into eight gold coins. The villagers wrapped these coins in red cloth and placed them under the children’s pillows. When Tuy came to harass the children, the flash of gold from the red cloth blinded him and drove him away.

The news spread, and the tradition was born: putting money in red paper to protect children and bring them luck.

Etiquette: The Do’s and Don’ts

As a foreigner, you aren’t expected to know every rule, but following these tips will earn you massive respect from your Vietnamese friends.

1. The “Crisp Note” Rule

This is the most important rule. Never use old, torn, or crinkled money.
New Year represents a fresh start. Giving dirty money is considered bad luck. In the weeks leading up to Tet, you will see locals lining up at banks to exchange old notes for brand-new, crisp bills.

Tip: If you can’t get to a bank, try to withdraw from an ATM early in the season and save the newest-looking notes.

2. Use Both Hands

When giving or receiving an envelope, always use two hands. This shows respect.

3. Don’t Look Inside (Yet)

If you receive an envelope, do not open it in front of the giver. This is considered very rude, as it implies you care more about the money than the sentiment. Put it in your pocket and open it later in private.

4. Avoid the Number 4

In Vietnamese culture, the number 4 (bốn or tư) sounds like the word for death (tử). Avoid giving amounts like 40,000 or 400,000 VND.

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The "How Much" Cheat Sheet (2026 Edition)

lucky red envelopes for giving money at tet

One of the biggest sources of anxiety for expats is knowing how much to put in the envelope. While it really is “the thought that counts,” here are some standard ranges to help you navigate the holiday.

Who are they?Suggested Amount (VND)Notes
Close Friend’s Kids50,000 – 100,000The standard “lucky” amount. 2 x 50k
Family / Best Friends200,000 – 500,000 For people you are very close to
Acquiantances’ Kids10,000 – 20,000Symbolic only (neighbours, distant relatives)
Security Guards / Cleaners50,000 – 100,000Symbolic only and not to be confused with 13th month salary
Elders (Grandparents)100,000 – 300,000Wishing the longevity and health

Note: 50,000 VND notes are often preferred because they are red—the color of luck!

Essential Tet Phrases (With Pronunciation)

Before you hand over the envelope, it is customary to offer a “Wish.” Here is how to say them:

Happy New Year:

  • Vietnamese: Chúc Mừng Năm Mới
  • Pronunciation: “Chook Mung Nam Moy”

Wishing you good health (Great for elders):

  • Vietnamese: Sức Khỏe Dồi Dào
  • Pronunciation: “Sook Kwey Zoy Zow”

Money flowing in like water (Great for business owners):

  • Vietnamese: Tiền Vô Như Nước
  • Pronunciation: “Tien Voh Nuh Nu-uhk”

FAQ

Absolutely not! Vietnamese people generally love it when foreigners embrace their traditions. It is seen as a sign of warmth, respect, and integration into the local culture. Don’t worry about getting it “perfect”—the gesture itself is what matters.

It is highly recommended to use an envelope. Handing over loose cash is considered a bit crude and lacks the “lucky” symbolism of the red paper (which wards off evil spirits). Envelopes are sold on almost every street corner in January, so grab a pack!

Yes, giving a $2 bill (USD) is actually considered very lucky and unique! The $2 bill is rare and many Vietnamese people keep them in their wallets for good fortune. Just make sure the bill is crisp and not torn.

Yes, this is the standard reciprocity. If you are visiting a family with kids, it is wise to have a few pre-filled envelopes in your pocket just in case. If you are caught unprepared, you can simply apologize and give it to them next time you see them, but being prepared is better!

They are becoming popular, especially among Gen Z and friends who live far apart. Apps like MoMo or bank transfers even have special Tet themes. However, for children and elders, the physical act of handing over the red envelope with two hands is still the preferred and most respectful method.

Tet Travel & Safety: Read This Before You Ride

While the days leading up to Tet are chaotic with traffic, the actual days of the holiday (The 1st, 2nd, and 3rd days of Lunar New Year) are magical. The cities empty out, and the streets of Hanoi and Ho Chi Minh City become quiet and peaceful.

It is a fantastic time to rent a motorbike and explore the city without the usual noise and congestion. However, there is one major risk you must be aware of.

⚠️ The “Happy Water” Warning During Tet ⚠️

Alcohol consumption increases significantly. “Happy water” (rice wine) and beer flow freely at every home.

  • Ride Defensively: Even if the roads look empty, be hyper-aware at intersections. Other riders may be returning from a family party and may be intoxicated.
  • Zero Tolerance: Vietnamese police often set up checkpoints during Tet. Vietnam has a zero-tolerance policy for alcohol. Even one beer can lead to a fine of up to 8 million VND and the confiscation of your bike and license.
  • Our Advice: If you toast with your friends, take a Grab home. Save the riding for the morning when the air is fresh and the roads are safe.

Read more about dealing with traffic stops in our guide: [Police in Vietnam – 4 Useful Tips]

Rentals Closing Schedule: Please note: Our shop will be closed for the main holidays. If you want a bike for the break, please pick it up before 16th Feb, 2026.

Check out our [Monthly Expat Rentals]for a reliable bike
See our [Manual Bikes] for a Tet Adventure

Royal Enfield Himalayan motorcycle rental

Engine Type

air-cooled, single cylinder, SOHC

Displacement

411 cc

Bore X Stroke

78 mm x 86 mm

Ignition

TCI

Fuel System

fuel injection

Compression Ratio

9.5:1

Starter

electric

Gearbox

5-speed

Front Suspension

telescopic forks; stanchion diameter 41 mm

Rear Suspension

linkage-type monoshock

Front Brakes

single disc brake, diameter 300 mm, 2-piston floating caliper

Rear Brakes

single disc brake, diameter 240 mm, single-piston floating caliper

Front Tyres

90/90 – 21

Rear Tyres

120/90 – 17

Wheelbase

1465 mm

Seat Height

800 mm

Ground Clearance

220 mm

Kerb Weight

199 kg

Fuel Capacity

15 litres

Dimensions

2190 mm (L) x 840 mm (W) x 1360 mm (H)

Daily

Total

Rider (CRF 300)

$220

Pillion

$120

Damage Waiver

$20

Private Room

$40

Support Vehicle*

$150

* All prices given are in USD and apply per rider except for the support vehicle. The support vehicle is free for groups of 7 or more, otherwise the cost is shared across the group. 

Daily

Total

Rider (XR 150)

Rider (CRF 300)

Rider (CB 500X)

Rider (Himalayan 400)

$220

Rider (GS 1250)

Pillion

$120

Damage Waiver

$20

Private Room

$40

Support Vehicle*

$150

* All prices given are in USD and apply per rider except for the support vehicle. The support vehicle is free for groups of 7 or more, otherwise the cost is shared across the group. 

Daily

Total

Jeep (1 PAX)

$210

Jeep (2 PAX)

$120

Jeep (3 PAX)

$90

Jeep (4+ PAX)

$80

Rider (Easy Rider)

$115

Rider (Self-Drive)

$105

Private Room

$15

* Our jeep tour prices operate on a sliding scale. The larger your group, the less each person pays—each member of your group will pay the lowest daily rate shown. For example, if you have a group of 4 or more, you will each only pay $80/day. All prices are given in USD.

BMW 1250 GS

Engine Type

air-liquid cooled, twin cylinder, DOHC, boxer engine

Displacement

1255 cc

Bore X Stroke

102.5 mm x 76 mm

Ignition

FI

Fuel System

fuel injection

Compression Ratio

12.5:1

Starter

electric

Gearbox

6-speed

Front Suspension

BMW Motorrad Telelever; stanchion diameter 37 mm

Rear Suspension

single-sided swing arm with BMW Motorrad Paralever

Front Brakes

dual disc brake, floating brake discs, diameter 305 mm, 4-piston radial calipers

Rear Brakes

single disc brake, diameter 276 mm, double-piston floating caliper

Front Tyres

120/70 R19

Rear Tyres

170/60 R17

Wheelbase

1514 mm

Seat Height

850 mm

Ground Clearance

790 mm

Kerb Weight

249 kg

Fuel Capacity

20 litres

Dimensions

2207 mm (L) x 952.5mm (W) x 1430 mm (H)

Honda XR 150 motorcycle rental

Engine Type

air cooled, OHC, single cylinder

Displacement

149 cc

Bore X Stroke

57.3 mm x 57.8 mm

Ignition

CDI

Fuel System

20 mm piston valve carburettor

Compression Ratio

9.5:1

Starter

electric with kick starter backup

Gearbox

5-speed

Front Suspension

telescopic fork, 180 mm axle travel

Rear Suspension

single shock swing arm, 150 mm axle travel

Front Brakes

dual piston caliper, 240 mm disc

Rear Brakes

mechanical drum

Front Tyres

90/90 19

Rear Tyres

110/90 17

Wheelbase

1362 mm

Seat Height

825 mm

Ground Clearance

243 mm

Kerb Weight

129 kg

Fuel Capacity

12 litres

Dimensions

2091 mm (L) x 811 mm (W) x 1125 mm (H)

Honda CB 500X motorcycle rental

Engine Type

liquid cooled parallel-twin four stroke

Displacement

470 cc

Bore X Stroke

67 mm x 66.8 mm

Ignition

PGMI – FI

Fuel System

fuel injection

Compression Ratio

10.7:1

Starter

electric

Gearbox

6-speed

Front Suspension

41 mm SFF-BP USD Forks

Rear Suspension

Prolink Mono with 5 stage pre load adjuster

Front Brakes

dual 296 mm discs with 4 piston calipers; ABS

Rear Brakes

240 mm disc; ABS

Front Tyres

110/80R19M/C (59H)

Rear Tyres

160/60R17M/C

Wheelbase

1445 mm

Seat Height

830 mm

Ground Clearance

180 mm

Kerb Weight

199 kg

Fuel Capacity

17.7 litres

Dimensions

2,155 mm (L) x 830 mm (W) x 1,410 mm (H)

Honda CRF 300 motorcycle rental

Engine Type

single cylinder, DOHC, liquid cooled

Displacement

286 cc

Bore X Stroke

76 mm x 63 mm

Ignition

Full Transistor Digital

Fuel System

PGM-FI electronic fuel injection

Compression Ratio

10.7:1

Starter

electric

Gearbox

5-speed

Front Suspension

43 mm telescopic upside down

Rear Suspension

Prolink Mono with 5 stage pre load adjuster

Front Brakes

256 mm disc, 2 piston caliper

Rear Brakes

220 mm disc, single piston caliper

Front Tyres

80/100 21

Rear Tyres

120/80 18

Wheelbase

1455 mm

Seat Height

880 mm

Ground Clearance

285 mm

Kerb Weight

142 kg

Fuel Capacity

7.8 litres

Dimensions

2230 mm (L) x 820 mm (W) x 1200 mm (H)