Vietnam’s top income bracket doubles over five years

Well-off crowd: People walk past a luxury store in Hanoi. The number of ultra-rich persons in Vietnam, whose net wealth exceeds US$30mil (RM138mil), is forecast to hit 1,295 in the next five years. — AFP

HANOI: Vietnam’s ultra-rich population has nearly doubled over the past five years, according to Knight Frank’s The Wealth Report.

The number of ultra-rich persons in the country, whose net wealth exceeds US$30mil (RM138mil), rose from 583 in 2017 to 1,059 in late 2022.