22-02-2018 09:58
Gold shops are stocking various products to take advantage of the huge demand on the God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 25).
16-02-2018 09:00
Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy. The development of this segment depends on legal backup from the central bank, banks’ competency and capability, and further market expansion.
07-02-2018 12:48
As the world faces a crisis in wealth distribution, some experts doubt if the accumulation of capital will encourage innovation and investment, but instead, lead to multiple tax burdens and increase the gap between rich and poor.
20-01-2018 09:31
As Viet Nam’s tourism thrives, the resort property market has begun to attract high net worth individuals.
14-12-2017 11:00
NEW YORK: US prosecutors urged a New York jury to convict three wealthy South American former soccer officials "on all counts" in the face of "overwhelming" evidence, delivering closing arguments on Wednesday (Dec 13) at the FIFA corruption trial.
12-12-2017 09:00
The Vietnamese personal finance products space is booming thanks to the rise of the young middle-class consumer society. With 60 per cent of the Vietnamese populace under the age of 35, the customer group demands more convenient, consistent, and accessible financial services, especially in personal loans, credit cards, and wealth management. As a consequence, the marketplace is becoming crowded with local and international financial institutions.
25-11-2017 08:00
In late October, the recently disclosed Paradise Papers spilled the beans on the concealed wealth of the world’s elite, including prominent Vietnamese tycoons as well as world-renowned, influential politicians and entrepreneurs.
22-11-2017 17:14
On November 21, Hanwha Life Insurance Co., Ltd. (Hanwha Life Vietnam) officially launched the new insurance package called “Health is Wealth” in Ho Chi Minh City, with the intent of delivering optimal insurance services to promote individuals and households’ overall well-being in Vietnam.
14-10-2017 09:21
SEOUL: Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer.
13-10-2017 14:55
British banking giant HSBC on Thursday said it had chosen John Flint, its head of retail banking and wealth management, to succeed Stuart Gulliver as chief executive, who is retiring.
28-09-2017 09:07
PARIS: French President Emmanuel Macron's business-friendly government unveiled its first annual budget on Wednesday (Sep 27), fending off criticism that its tax cuts favour the very wealthiest.
23-09-2017 08:39
LONDON: London deemed Uber unfit to run a taxi service on Friday and stripped it of its licence to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities.
14-09-2017 11:00
DOHA: The head of the Qatar Investment Authority said on Wednesday (Sep 13) that the lingering Gulf political crisis was having little impact on the US$300 billion sovereign wealth fund of the gas-rich nation.
26-08-2017 10:04
In Vietnam, e-commerce has posted weak annual growth in the fast-moving consumer goods market over the past five years, said Kantar Worldpanel in a recently released report on the Asian market.
22-03-2017 09:06
According to the 2016 Wealth Report, Vietnam had 168 super-rich people (with assets of $30 million and above) in 2015 and the number is going to increase to 403 by 2025. Seven out of the ten richest people on the Vietnamese stock market trade in real estates.