Vietnam to see 125% increase in wealth in next decade: New World Wealth
Vietnam is poised to see the sharpest spike in wealth growth over the next decade as the country cements its status as a global manufacturing hub, US business news website cnbc.com quoted a report from New World Wealth – a wealth intelligence firm based in South Africa and Henley&Partners – a global leader in residence and citizenship by investment based in London.
Hanoi (VNA) – Vietnam is poised to see the sharpest spike inwealth growth over the next decade as the country cements its status as aglobal manufacturing hub, US business news website cnbc.com quoted a reportfrom New World Wealth – a wealth intelligence firm based in South Africa andHenley&Partners – a global leader in residence and citizenship by investmentbased in London.
New World Wealth’s analyst Andrew Amoils told CNBC that the Southeast Asiancountry will experience a 125% increase in wealth in the next ten years, thelargest expansion in wealth of any country in terms of GDP per capita, andnumber of millionaires.
“Vietnam is an increasinglypopular manufacturing base for multinational tech, automotive, electronics,clothing and textile firms,” the website quoted Amoils as saying.
Thecountry, which is home to 19,400 millionaires and 58 centimillionaires, isperceived as a relatively safe country compared with other nations in theAsia-Pacific region, Amoils said,which provides companies an extra incentive to set up manufacturing operationsin the county.
The CNBC's article (Screenshot photo)
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A corner of HCM City (Getty Images/CNBC) 
The CNBC's article (Screenshot photo) 
