Vietnam ranks 2nd in top 10 fastest growing wealth markets

(VOVWORLD) - Vietnam ranked second, following Bangladesh, in the top 10 fastest growing wealth markets from 2010 to 2019. 

Wealth-X revealed the ranking in its new report titled “A Decade of Wealth”. The report takes a look back at the growth of the global wealthy population over the past decade, while also forecasting the trends that will help shape future growth in the coming years.

Both Vietnam and Bangladesh had robust economic growth supported by a young and expanding workforce and deepening integration in regional manufacturing supply chains, according to the report. The number of super-rich has also increased faster than most of Asia over the past decade.

The report also forecasts that the technology sector will make a strong breakthrough in the coming years, while banking, business and consumer services were sectors with the most super-rich people in the previous decade.

Founded in 2010, with offices across North America, Europe and Asia, Wealth-X provides unique data, analysis, and insight to a growing roster of over 500 clients.