Vietnam Poised for Massive Economic Expansion, Projected to See Largest Global Increase in Wealth and Millionaires Over Next Decade

Vietnam forecast to see 125% increase in wealth over next decade - the largest expansion globally in terms of GDP per capita and number of millionaires
Currently has 19,400 millionaires and 5 billionaires with combined net worth of $11.8 billion
Number of high-net-worth individuals predicted to rise to 112,000 by 2027 - a 173% increase over a decade
Growth fueled by Vietnam's rise as a global manufacturing hub and foreign investment, which jumped 32% to $36.6 billion last year
GDP growth slid to 5.05% in 2022 from 8.03% in 2021 but still much higher than many other countries; GDP per capita nearly doubled over past decade