profound shift being felt in nations wealth management

Profound shift being felt in nation’s wealth management

Global asset management is experiencing a significant shift from traditional to emerging markets, with Vietnam poised to become a new goldmine for the industry.
vietnamese economy fared well in q1 despite external risks

Vietnamese economy fared well in Q1 despite external risks

The global economy is facing several headwinds, including the slowdown in China and the Eurozone as well as the US Fed's possible delay of interest rate cuts. In this context, ASEAN may be a global safe haven for economic growth. Abel Lim, head of Wealth Management Advisory and Strategy at UOB, discussed with VIR's Thanh Van the outlook of the global economic condition and its impact on Vietnam.
taylor swift officially declared a billionaire by forbes

Taylor Swift officially declared a billionaire by Forbes

Taylor Swift was officially named a member of the three-comma-club Tuesday, as Forbes confirmed rumors estimating her wealth exceeds a billion dollars.
banks and mutual fund market partners in growth

Banks and mutual fund market: partners in growth

In recent years, a strong transformation has been witnessed with commercial banks in developing wealth management and investment advisory services. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Nhue Man about the mutual fund market in Vietnam.
lessons in wealth management and suitable directions for vietnam

Lessons in wealth management and suitable directions for Vietnam

Vietnam boasts great potential in financial service development. Finance lecturers Dr. Devmali Perera and Dr. Le Hong Hanh from RMIT University Vietnam touch on what the country can learn from the successful lessons of dynamic hubs in the region such as Singapore and Hong Kong.
vietnams posts 24 per cent rise in ultra wealthy individuals

Vietnam's posts 2.4 per cent rise in ultra-wealthy individuals

The number of ultra-high net worth individuals (UHNWIs) – those with assets of more than $30m – rose by 2.4 per cent in Vietnam last year, according to the Wealth Report 2024 compiled by property consultants Knight Frank.
wealth in vietnam is forecast to soar over the next decade

Wealth in Vietnam is forecast to soar over the next decade

Vietnam is forecast to see a 125 per cent increase in wealth over the next 10 years, according to a report released by global wealth intelligence firm New World Wealth and investment migration advisors Henley & Partners on January 30.
gold price decreases on god of wealth day

Gold price decreases on God of Wealth Day

Domestic gold price decreased by 150,000 VND (6.1 USD) per tael (37.5 grams) at the beginning of trading on February 19 - God of Wealth Day (the tenth day of the first lunar month) compared to the price at the end of February 18, with many fluctuations expected on the market during the day.
comprehensive approach will engage real estate

Comprehensive approach will engage real estate

Around the world, investment in real estate is competitive, and investors compete for capital from a variety of non-bank financial sources, including private funds, sovereign wealth funds, and international financial institutions such as the International Finance Corporation (IFC), real estate investment trusts, and hedge funds.
singapores gic eyes potential ma deal in vietnams retail sector

Singapore's GIC eyes potential M&A deal in Vietnam's retail sector

The Singapore-based sovereign wealth fund GIC and other investors are vying to scoop up a 20 per cent stake in Bach Hoa Xanh, Mobile World’s grocery store chain.
lotte hotel saigon launches mooncake collection

Lotte Hotel Saigon launches mooncake collection

Lotte Hotel Saigon is launching its Mau Don Phu Quy mooncake collection with the message beautiful peony, full of wealth, sending its best wishes to every family across the nation.
big players developing asset management services for all

Big players developing asset management services for all

Wealth management services to protect and increase assets are becoming more popular, and not only for the rich. Dat Tong, senior market strategist at Exness, spoke to VIR’s Nguyen Phuong about the potential of the wealth management services in Vietnam.
vinfasts nasdaq debut boosts pham nhat vuongs wealth

VinFast's Nasdaq debut boosts Pham Nhat Vuong's wealth

VinFast, the automotive member of Vingroup, wrote history on August 15, 2023, as it celebrated its official listing on the Nasdaq Stock Market, a momentous achievement marking the culmination of its merger with Black Spade Acquisition Co., a special purpose acquisition company (SPAC). The stock is trading under the ticker, VFS.
trends set to dictate a robust economy

Trends set to dictate a robust economy

Amidst prevailing economic challenges, businesses and investors find themselves navigating a landscape where opportunities are progressively limited and accompanied by heightened costs.
bac a bank wins priority services of the year award

BAC A BANK wins Priority Services of the Year award

Bac A Commercial Joint-Stock Bank (BAC A BANK) has been presented with the Priority Services of the Year Award at VIR’s 2023 Vietnam Wealth Advisor Summit (VWAS).