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Saturday, May 4, 2024

Vietnam among top countries for wealth growth in the next decade

International experts are forecasting significant asset growth in Vietnam over the next decade, as the country solidifies its position as a global manufacturing hub.

New World Wealth, a global wealth intelligence firm, predicts that Vietnam’s wealth will grow by up to 125% over the next 10 years, marking the largest wealth growth for any country in terms of GDP per capita and number of millionaires.

Vietnam’s increasing popularity as a production base for multinational technology, automotive, electronics, and textile companies is attributed to its strategic location, low labor costs, and export-supporting infrastructure, making it a top destination for international investors according to strategic research firm McKinsey.

In its recent assessment of the Vietnamese economy, the French Development Agency (AFD) stated that Vietnam has experienced three decades of robust growth,…

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