Number of extremely rich Vietnamese shows world’s third-fastest growth


Number of extremely rich Vietnamese shows world’s third-fastest growth

The number of Vietnam’s extremely rich will experience the world’s third fastest increase in the next five years, at 64 percent, Knight Frank reports. Vietnam had 458 people with a net worth of above $30 million in 2019, up 7 percent from a year ago, according to global property consultant Knight Frank’s Wealth Report 2020…

More Japanese companies seek to expand operations in Vietnam: JETRO


More Japanese companies seek to expand operations in Vietnam: JETRO

Some 41% of surveyed Japanese companies are considering expanding their operations in Vietnam in the next three years or so, up 5.5 percentage points from the previous year, according to the latest report of the Japan External Trade Organization (JETRO). Meanwhile, 36.3% of respondents said they would expand operations in Thailand, up 1.5 percentage points,…

Vietnam a top 10 digital nation


Vietnam a top 10 digital nation

Vietnam has jumped four places to the 9th top digital nation under the Tholons Global Innovation Index 2020. The annual report, published this week by Tholons, a New York-based strategic advisory firm for global outsourcing and investments, compiles a ranking of the Top 50 “Digital Nations” and Top 100 “Super Cities.” The ranking is based…

Vietnam among top 16 most successful emerging economies in the world


Vietnam among top 16 most successful emerging economies in the world

A new study shows that Vietnam is in the top 16 most successful emerging economies in the world, with many prospects to narrow the gap with developed countries amidst the COVID-19 epidemic, according to the Economist. This awful year could, paradoxically, be a good one for what economists call convergence. This normally takes place when…

List of 16 Best Schools In Hanoi


List of 16 Best Schools In Hanoi

Hanoi, the capital of Vietnam, is an education hub that offers one of the best education systems in Southeast Asia, with schools in Hanoi high on th PISA rankings. In 2015, the country outdid the United Kingdom by ranking 8th in science with a point score that was 16 points higher than the United Kingdom…

LOGOS ENTERS VIETNAM WITH $350M LOGISTICS DEVELOPMENT JV


LOGOS ENTERS VIETNAM WITH $350M LOGISTICS DEVELOPMENT JV

Logistics development specialist Logos Property has entered the Vietnam market with a $350 million joint venture with an unnamed global institutional investor, according to an announcement by the Sydney-based firm today. The ARA Asset Management-backed warehouse builder and fund manager, together with its partner, plans to develop a portfolio of logistics facilities across Ho Chi…

A look inside the world’s first gold-plated hotel in Vietnam


A look inside the world’s first gold-plated hotel in Vietnam

There’s luxury experiences and then there’s luxury experiences, like staying inside a hotel that has been fitted out from top to bottom with gold plating. But that’s exactly what guests at Dolce by Wyndham Hanoi Golden Lake in Vietnam can expect, as the first-of-its-kind hotel has opened its doors. Located by Giang Vo lake in…

Industrial production grows 2.71% in first half of 2020


Industrial production grows 2.71% in first half of 2020

Vietnam’s industrial production grew by a modest 2.71% in the first six months of 2020 due to the impact of the coronavirus, according to the General Statistics Office. Manufacturing expanded by 4.96%, the lowest first-half figure of the 2011-2020 period, while power generation and distribution grew by 3.04%, and water supply and waste treatment increased…

Four Vietnamese billionaires make Forbes 2020 rich list


Four Vietnamese billionaires make Forbes 2020 rich list

The number of billionaires in Vietnam reduced by one from last year to four on Forbes magazine’s 2020 list of the world’s richest people. On the list released , Pham Nhat Vuong, owner of Vietnam’s biggest real estate conglomerate Vingroup and the country’s first billionaire, enjoyed his eighth consecutive appearance, ranked as the world’s 286th…

Foreign direct investment in Vietnam topped $15.67 billion in the first half


Foreign direct investment in Vietnam topped $15.67 billion in the first half

Foreign direct investment in Vietnam topped $15.67 billion in the first half of this year. Of the registered FDI, which includes newly-registered capital, capital supplements and stake acquisitions, $8.44 billion went into new projects, according to the Foreign Investment Agency. It included $4 billion invested in a 3,200 MW liquefied natural gas-fired power plant in…