Vietnam is expected to be the fastest growing market in the world in terms of the number of millionaires owning more than 100 million USD in the decade. According to the Centi-Millionaire report just published by investment consultancy Henley & Partners, Vietnam is predicted to be the fastest growing market in the world for millionaires who own USD 100 million or more with an astonishing 95% growth over the next decade. According to the report, the number of people with wealth over USD 100 million will grow strongly in the real estate, technology and financial services sectors. Next up is…
Author: Kevin Le
In October, the number of passengers via 22 airports in Vietnam reached 7.2 million, a sharp decrease compared to September and the same period in 2019. According to statistics from the Civil Aviation Administration of Vietnam, the number of passengers passing through airports in October (from September 19 to October 18) reached 7.2 million, a decrease of 11.6% compared to September and a decrease of 23.3% in compared to October 2019 (when there was no Covid-19 epidemic). Of these, international visitors reached 1.3 million, a decrease of 1.4% compared to September and a decrease of 61.8% compared to October 2019.…
Rishi Sunak’s campaign had a simple slogan when he ran for prime minister of Britain earlier this year: “Ready for Rishi.” The answer was: No, sorry. He took on Liz Truss to lead Britain’s Conservative Party after Prime Minister Boris Johnson announced his resignation in July over scandals. With Truss out, it seems that British Conservatives are indeed ready for Sunak – or at least some chance of respite from the chaos at 10 Downing Street. Sunak won the Conservative Party leadership contest on Monday, making him the country’s third leader in less than two months and Britain’s first prime…
Currently, each dollar is exchanged for 146.86 yen, the lowest level since 1998. In the context of Japan welcoming foreign tourists by removing all anti-epidemic barriers from 11.10. With the current exchange rate of the yen, it is extremely beneficial to go to Japan at this time and buy Japanese goods. Hideyuki Abe, CEO of Akky International Corp. cannot contain the excitement of foreign tourists returning to Japan. Visitors with a lot of money often come to his shop in Akihabara in Tokyo to buy expensive watches and souvenirs such as samurai swords, lucky cats, etc. From 11:10am, visitors can…
Vietnam was honored by readers of Canada’s famous travel magazine The Travel as one of the countries with the best culinary culture in the world. The Travel noted, “While there are many fishing villages and extremely popular seafood, visitors can find more when they come to Vietnam. The variety of dishes will confuse a lot of people.” Visitors should not miss the opportunity to enjoy a bowl of pho right in the hometown. Photo: Vietnam Guide The magazine recommends that first-time visitors to Vietnam should not miss enjoying a famous bowl of pho. Pho is sold in all parts of…
The Asian Development Bank (ADB) has arranged a USD 135 million climate change financing package for VinFast to support the production of electric buses for public transport and a network of charging stations. The climate change mitigation financial support package includes a USD 20 million 7-year loan, concessional financing of up to USD 28 million from ADB and a USD 87 million loan from ADB as the main capital arrangement. In this transaction, ADB arranged financing for VinFast with concessional capital from trust funds including the Australian Government’s Australian Climate Finance Partnership (ACFP), the Clean Technology Fund (CTF), Goldman Sachs’…
A few years ago, electric blankets, 3D tights and hand warmers were hard to find in Europe. People here are not used to these ‘flashy’ things simply because they have installed a heating system everywhere that is so efficient that in winter it is normal to wear short clothes indoors. But this year, concerned about unpredictable fluctuations in the energy market, Europeans began rushing to import heating products from China. 3D tights, electric blanket ‘sold out’ As an indispensable thing for the Chinese every winter, thermal underwear is now present in the wardrobes of Europeans. According to data from the…
What do brands need to prepare for a year of full recovery from the pandemic and witness the resilience of creativity and changed customer value chains after the pandemic? Share with us Ms. Pham Thi Thu Hang – founder and CEO of 5S Media brings comments. Don’t be slow on the journey of digitization Thanks to digitization, our world has changed a lot, especially after Covid-19, and changed in a way that is more beneficial for customers. While this is great news for consumers, it also means that developing brand loyalty becomes a task, even a challenge, in the face…
With the gradual return of travel comes a change in behavior among travelers from all over the world. According to Booking.com’s Sustainable Travel Report 2022*, a whopping 87% of Vietnamese travelers say they have stayed in sustainable accommodation in the past year, and are encouraged to do so again soon. almost half (42%) of Vietnamese travelers said they prefer to stay in sustainable accommodation as it helps reduce their impact on the environment, and more than a third (34%) believe sustainable properties treat the community better. By encouraging travelers to put sustainability into practice when they travel again, Booking.com lists…
According to the Ministry of Industry and Trade, the logistics activities in Vietnam have made great progress in recent times, the import and export turnover has increased rapidly. According to the Agility 2022 ranking, the Vietnamese logistics market ranks 11th in the group of 50 emerging logistics markets worldwide due to the strong transformation of enterprises providing and using logistics services. The annual growth rate from 2022 – 2030 of the Vietnam logistics market is expected to reach 5.5%. Foreign investors also assessed that Vietnam has many opportunities to develop logistics services. The logistics market of Vietnam is visited by…