vietnam accounts for 02 per cent of global high net worth individuals

Vietnam accounts for 0.2 per cent of global high-net-worth individuals

The Wealth Report by Knight Frank reveals that Vietnam continued to make strides in the global wealth landscape in 2024.
navexa launches ai reporting tools for advisors accountants to better serve investing clients

Navexa launches AI reporting tools for advisors, accountants to better serve investing clients

Australian portfolio tracking and tax reporting startup, Navexa, has unveiled the first AI-powered tools for financial advisors and wealth managers.
vietnam ripe for ultra rich tourism boost

Vietnam ripe for ultra-rich tourism boost

Vietnam is attempting to increase its allure to ultra-wealthy tourists in a way that would not only bring economic benefits, but also encourage a rise in service quality in the industry.
australian lender cba completes sale of of remaining vib stake

Australian lender CBA completes sale of of remaining VIB stake

The Commonwealth Bank of Australia (CBA) has announced that it has completed the sale of its remaining 4.4 per cent shareholding in Vietnam International Commercial Joint Stock Bank (VIB) via the Ho Chi Minh Stock Exchange.
sci tech and innovation can spearhead development

Sci-tech and innovation can spearhead development

This year, Vietnam continues on its path to become a developed country with high income, prosperity, and wealth.
204 new billionaires minted in 2024 nearly four every week oxfam

204 new billionaires minted in 2024, nearly four every week: Oxfam

Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before. An average of nearly four new billionaires were minted every week.
marsconnect new gen approach to personal finance with advanced ai

MarsConnect – new-gen approach to personal finance with advanced AI

MarsConnect, an independent financial advisor app headquartered in Singapore, launched its Vietnamese version in October to help individuals address increasing financial pressure and growing demands for effective wealth management.
commonwealth bank of australia divests 10 per cent stake in vib

Commonwealth Bank of Australia divests 10 per cent stake in VIB

Commonwealth Bank of Australia (CBA) announced on October 29 that it has sold approximately 10 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
sustainable markets initiative unveils support to commonwealth member states at chogm

Sustainable markets initiative unveils support to Commonwealth member states at Chogm

In the presence of His Majesty King Charles III, as well as leaders from the Commonwealth as part of the Commonwealth Heads of Government Meeting's Business Forum, the Sustainable Markets Initiative (SMI) has launched several initiatives to further enhance its commitment and support to Commonwealth Members States.
commercial bank of australia sells partial stake in vib

Commercial Bank of Australia sells partial stake in VIB

The Commonwealth Bank of Australia (CBA) has sold approximately 5 per cent of the shares on issue in VIB via the Ho Chi Minh Stock Exchange.
middle class seeking luxury

Middle-class seeking luxury

Vietnam is emerging as a key market for luxury brands, driven by robust economic growth, an expanding middle class, and a rising number of ultra-wealthy individuals.
vietnams birth rate declines amidst disparity

Vietnam's birth rate declines amidst disparity

The General Department of Population has observed that individuals with lower education levels, particularly those below primary school, tend to have more children, with an average of 2.35 children, compared to 1.98 for those with education beyond high school. Wealthier families also tend to have fewer children than poorer ones.
the aspects behind finance and banking in vietnam today

The aspects behind finance and banking in Vietnam today

Pramoth Rajendran, head of Wealth and Personal Banking at HSBC Vietnam, scrutinises credit situation, the factors behind and solutions in Vietnam’s current finance-banking scene, weighing on Vietnam’s growth prospects in 2024 and HSBC’s recent efforts to best serve its customers.
financial management training should start in schools

Financial management training should start in schools

Teaching young people about wealth management while they are still in school would lead to a more financially sound future in Vietnam.
key investment principles to accumulate wealth vcbf experts

Key investment principles to accumulate wealth: VCBF experts

Investing and accumulating wealth may seem complicated, but actually there are basic principles that anyone can apply.
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