italy proposes 100000 flat tax to draw foreigners

Italy proposes €100,000 flat tax to draw foreigners

ROME: Italy on Wednesday (Mar 8) introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew of rich footballers and entertainers.
viet nam has 200 super rich people

Viet Nam has 200 super-rich people

Viet Nam has 200 super-rich people, with fortunes valued at US$30 million or more, according to the Wealth Report 2017 by the UK’s leading independent real estate consultancy Knight Frank.
liverpool ready to host 2022 commonwealth games if durban drops out

Liverpool ready to host 2022 Commonwealth Games if Durban drops out

LONDON: Liverpool is ready to stage the 2022 Commonwealth Games if Durban withdraws because of financial pressures.
financial innovations open markets

Financial innovations open markets

Innovation is the key to prosperity. Innovation in processes of production, innovation in methods of communication, innovation in laws and regulation – all improve productivity and wealth. As countries develop, greater innovation makes for economic growth and prosperity.
trump picks wealthy activist for education secretary

Trump picks wealthy activist for education secretary

PALM BEACH: US President-elect Donald Trump announced on Wednesday (Nov 23) that he intends to nominate Betsy DeVos, a wealthy Republican campaigner for alternatives to public schools, as his education secretary.
prudential launches multiple rider plans for pru wealth assured

Prudential launches multiple rider plans for ‘Pru-Wealth Assured’

Prudential has introduced a variety of rider plans as an extension of its investment-linked “PRU-Wealth Assured” product.
fbi releases bill clinton closed case files days before vote

FBI releases Bill Clinton closed case files days before vote

WASHINGTON: The FBI has unexpectedly released documents concerning ex-president Bill Clinton's pardon of the husband of a wealthy Democratic donor, in a surprise move just days before the election in which his wife is seeking to become America's first female president.
anzs operations in vietnam remain unchanged

ANZ’s operations in Vietnam remain unchanged

ANZ recently announced it would strengthen its focus on running a world class Institutional Bank in a number of countries in Asia following an agreement to sell its Retail and Wealth business units in Singapore, Hong Kong, China, Taiwan and Indonesia to Singapore’s DBS Bank.
norway sovereign wealth fund to sue volkswagen

Norway sovereign wealth fund to sue Volkswagen

Norway's sovereign wealth fund, the world's largest, is to sue German carmaker Volkswagen over an emissions-cheating scandal that caused it huge losses, the Financial Times reported on Sunday.
phu quy island a rising star among vietnamese islands

Phu Quy Island – a rising star among Vietnamese islands

Phu Quy Island is as dazzling and sparkling as its name, which in Vietnamese means wealth and honour. It is one of the many rising stars among the islands of Viet Nam.
vietnam ranks 4th in the global wealth to well being ratio

Vietnam ranks 4th in the global wealth to well being ratio

Vietnam ranked fourth out of 149 countries assessed when it comes to converting the country’s wealth into well-being for its population, according to the finding of the most recent analysis conducted using The Boston Consulting Group’s Sustainable Economic Development Assessment (SEDA).
the evolution of the reform process

The evolution of the reform process

On occasion of the 70th anniversary of the planning and investment sector, VIR reviews Vietnam’s 30-year reform process. Implemented since 1986, this landmark process has reaped a wealth of significant achievements in the planning and investment sector.
da nang hosts cultural exchange event

Da Nang hosts cultural exchange event

A cultural exchange programme with members of the Commonwealth of Independent States (CIS) is taking place in central Da Nang city from October 28 – November 5.
japanese firms set sights on ips

Japanese firms set sights on Ips

Drawing upon its vast wealth of experience, Japan has offered Vietnam sterling advice to help it attract a greater number of foreign investors.
investors in asias wealthiest markets struggle to balance risk with expectations

Investors in Asia’s wealthiest markets struggle to balance risk with expectations

Investors in China seem to take the most risk, while Japanese investors are the most risk averse, according to a recent study of Asia’s five wealthiest markets by Manulife.