Without knowing exactly what the package includes it's difficult to comment much on value, but unless it includes all your accommodation in five star hotels, that's a very very expensive package.
See our Sapa section for some suggestions on trekking -- for a basic trek, rates start at around US$15 a day per person.
#2 somtam2000 has been a member since 21/1/2004. Location: Indonesia. Posts: 7,767
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am I perhaps better off booking my own flights, HCMC-LP-Hanoi and the train and hotels. Then find local guides?
Sapa I'd like to see (suggestions welcome):
Ban Ho with a homestay
market in Bac Ha or Sunday Muong Hum Market
river ride on either Hong or Chay
#3 metropical has been a member since 9/6/2008. Posts: 21