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The Vietnam 2014 Wealth Report - Product Image

The Vietnam 2014 Wealth Report

  • ID: 2782939
  • April 2014
  • Region: Vietnam
  • 85 Pages
  • New World Wealth

FEATURED COMPANIES

  • Allen & Overy LLP
  • BDO Vietnam
  • Citi
  • Gucci
  • L'Occitane
  • Salvatore Ferragamo
  • MORE

This report provides a comprehensive review of the wealth sector in Vietnam, including HNWI trends, wealth management trends and luxury trends in the country.

Scope

- Independent market sizing of local HNWIs across five wealth bands.
- HNWI volume, wealth and allocation trends from 2007 to 2013.
- HNWI volume, wealth and allocation forecasts to 2017.
- HNWI and UHNWI asset allocations across 16 asset classes.
- Details on offshore funds and where they are held.
- Demographics including age, gender, city and sector breakdowns of HNWIs.
- Review of local wealth management industry.
- Review of local luxury and collectables industry.
- Insights into the drivers of HNWI wealth.

Key Highlights

- Vietnam is the fastest growing wealth market in the world (out of the top 100 economies worldwide) with HNWI numbers rising by 148% between 2007 and 2013.
- At the end of 2013, there were approximately 10,100 HNWIs in Vietnam, with a combined wealth of US$40 billion, accounting for roughly 17% of Vietnam's total individual wealth (US$240 billion).
- The fastest growing sectors for Vietnamese UHNWIs over the review period were financial services, manufacturing and construction.
- Major Private Banks with offices in Vietnam include: ANZ, Citi, HSBC and Standard Chartered.
- The luxury sector in Vietnam generated US$0.6 billion in revenue in 2013, an increase of over 180% on 2007.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Allen & Overy LLP
  • BDO Vietnam
  • Citi
  • Gucci
  • L'Occitane
  • Salvatore Ferragamo
  • MORE

1 Introduction

2 Executive Summary

3 Wealth Sector Fundamentals
3.1 Political Background to Vietnam
3.2 Economic Background to Vietnam
3.3 Benchmarking Vietnam's Wealth in Context
3.3.1 World statistics
3.3.2 Distribution of wealth in Vietnam
3.3.3 HNWI volume and wealth trends

4 Findings from HNWI Database
4.1 Trends in HNWI Wealth to 2017
4.1.1 HNWI trend analysis
4.1.2 Trends of the wealth bands
4.1.3 HNWIs - Age & Gender distribution
4.1.4 HNWIs – Breakdown by city
4.1.5 HNWIs – Affluent Neighborhoods & Suburbs
4.1.6 HNWIs – Population densities
4.2 UHNWIs
4.2.1 UHNWI volume trend analysis
4.2.2 UHNWI wealth trend analysis
4.2.3 UHNWIs – Industry breakdown
4.3 UHNWIs – Billionaires
4.4 UHNWIs – Centimillionaires
4.4.1 Centimillionaire volume trend analysis
4.4.2 Centimillionaire wealth trend analysis
4.4.3 Centimillionaire per capita net worth trend analysis
4.4.4 Centimillionaires List
4.5 UHNWIs – Affluent millionaires
4.5.1 Affluent millionaire volume trend analysis
4.5.2 Affluent millionaire wealth trend analysis
4.5.3 Affluent millionaire per capita net worth trend analysis
4.5.4 Affluent millionaires list
4.6 Core HNWIs
4.6.1 Core HNWI volume trend analysis
4.6.2 Core HNWI wealth trend analysis
4.7 Core HNWIs – Mid-tier millionaires
4.7.1 Mid-tier millionaire volume trend analysis
4.7.2 Mid-tier millionaire wealth trend analysis
4.7.3 Mid-tier millionaire per capita net worth trend analysis
4.8 Core HNWIs – Lower-tier millionaires
4.8.1 Lower-tier millionaire volume trend analysis
4.8.2 Lower-tier millionaire wealth trend analysis
4.8.3 Lower-tier millionaire per capita net worth trend analysis

5 Asset Allocation
5.1 Analysis by Asset Class
5.1.1 Trends in alternative assets
5.1.2 Trends in “art, wine and wheels”
5.1.3 Trends of investments in real estate
5.1.4 Trends of investments in cash and deposits
5.1.5 Trends of investments in fixed income
5.1.6 Trends of investments in equity
5.1.7 Trends of investments in business interests
5.2 Analysis of Foreign Investments
5.2.1 Investments in Asia-Pacific region
5.2.2 Investments in North America (including Caribbean & Bermuda)
5.2.3 Investments in Europe
5.3 Alternative Breakdown: Liquid vs. Investable Assets
5.4 Analysis of Vietnamese UHNWI investments

6 The Wealth Management Sector in Vietnam
6.1 Private Banks
6.2 Wealth Advisors
6.3 Family offices
6.4 Wealth Management Industry – Clientele Model and Maturity
6.5 Behavioral Mapping of Wealth Management Industry in Vietnam

7 Luxury Sector in Vietnam
7.1 Luxury Brand Stores
7.2 Luxury Cars
7.3 Luxury Hotels

8 Appendix
8.1 Regulations
8.2 Key Economic Trends and Drivers
8.2.1 LC to USD exchange rate
8.2.2 Real GDP growth
8.2.3 GDP per capita
8.2.4 Domestic market capitalization
8.2.5 Housing price indices
8.2.6 Commodity index
8.2.7 Inflation rate
8.2.8 Interest rate
8.2.9 Stock market performance
8.3 Wealth breakdowns

9 About New World Wealth

LIST OF TABLES
Table 1: HNWI wealth band and group definitions
Table 2: Largest cities in Vietnam by population, 2013
Table 3: HNWIs – Volume Distribution Wealth Pyramid, 2013
Table 4: HNWIs – Wealth Distribution Wealth Pyramid (% share), 2013
Table 5: HNWIs – Top Vietnamese Cities for millionaires, 2013
Table 6: HNWIs – HNWI Population Density in Major Cities, 2013
Table 7: Billionaire List, 2013
Table 8: Centimillionaires – Market Overview, 2007–2017
Table 9: Centimillionaire List, 2013
Table 10: Affluent Millionaires – Market Overview, 2007–2017
Table 11: Affluent Millionaires List, 2013
Table 12: Mid-Tier Millionaires – Market Overview, 2007–2017
Table 13: Lower-Tier Millionaires – Market Overview, 2007–2017
Table 14: HNWIs – Allocations of HNWI Assets (%), 2007-2017
Table 15: HNWIs – HNWI Holdings Growth (%), 2007–2017
Table 16: HNWIs – Allocations of HNWI Assets (US$ billion), 2007-2017
Table 17: HNWIs – Trends of Investments in Alternative Assets (% growth), 2007–2017
Table 18: HNWIs – Alternative Asset Composition (%), 2007–2017
Table 19: Global: Trends in Art, Wine and Wheels, 2007 - 2013
Table 20: Global: Prime Residential Real Estate Prices (US$ per square meter), 2013
Table 21: Global: Prime International Cities Performance (%), 2007–2013
Table 22: HNWIs – % Foreign allocation, 2007–2017
Table 23: HNWIs – Liquidity Breakdown (%), 2007–2017
Table 24: HNWIs – Liquidity Breakdown (US$ Billion), 2007–2017
Table 25: UHNWIs – Allocations and Share of HNWI Assets, 2013
Table 26: Private Banks operating in Vietnam, 2013
Table 27: Wealth Advisors in Vietnam, 2013
Table 28: Luxury Brand Stores in Vietnam, 2013
Table 29: Upcoming Luxury Brand Stores in Vietnam, 2013
Table 30: Luxury hotels, 2013
Table 31: Tax Structure for Individuals in Vietnam, 2013
Table 32: LC to USD Exchange Rate, 2007–2017
Table 33: Real GDP Growth, 2007–2017
Table 34: GDP Per Capita, 2007–2017
Table 35: Domestic Market Capitalization, 2007 - 2013
Table 36: Housing Price Index (US$ terms), 2007–2013
Table 37: Commodity Indices, 2007–2017
Table 38: Inflation rate, 2007–2017
Table 39: Interest Rate, 2007–2017
Table 40: Stock Market Performance (US$ terms), 2007–2013
Table 41: HNWI Wealth to GDP Ratio, 2007–2017
Table 42: Appendix One
Table 43: Appendix Two

LIST OF FIGURES

Figure 1: Map of Vietnam
Figure 2: Asset Price Performance (US$ terms), 2007–2013
Figure 3: Vietnamese HNWI Performance, 2007–2017
Figure 4: HNWIs – Vietnam vs The World, 2007–2017
Figure 5: HNWIs – Growth Factor Correlation, 2007–2013
Figure 6: HNWIs – Volume Distribution Wealth Pyramid, 2013
Figure 7: HNWIs – Wealth Distribution Wealth Pyramid (% share), 2013
Figure 8: HNWIs – Age Distribution, 2013
Figure 9: UHNWIs – Wealth Share Vs Volume Growth, 2007–2013
Figure 10: UHNWIs – Volume by Wealth Band, 2007–2017
Figure 11: UHNWIs – Wealth by Wealth Band (in US$ billion), 2007–2017
Figure 12: UHNWIs – Distribution by Industry, 2013
Figure 13: Centimillionaires – Market Overview, 2007–2017
Figure 14: Affluent Millionaires – Market Overview, 2007–2017
Figure 15: Mid-Tier Millionaires – Market Overview, 2007–2017
Figure 16: Lower-Tier Millionaires – Market Overview, 2007–2017
Figure 17: HNWIs – Asset Class Composition, 2007–2017
Figure 18: HNWIs – Trends of Investments in Alternative Assets (in US$ billion), 2007–2017
Figure 19: Global: Trends in Art, Wine and Wheels, 2007 - 2013
Figure 20: HNWIs – Foreign Investment Allocation and Growth by Asset Class (%), 2013–2017
Figure 21: HNWIs – Global Distribution of Foreign Investments, 2007–2017
Figure 22: HNWIs – Liquidity Breakdown (%), 2007–2017
Figure 23: UHNWIs – Asset Class Composition, 2007–2017
Figure 24: Global: Wealth Management Industry Pyramid
Figure 25: Vietnamese Wealth Management Industry – Behavioral Mapping, 2013
Figure 26: LC to USD Exchange Rate, 2007–2017
Figure 27: Real GDP Growth (%), 2007–2017
Figure 28: GDP Per Capita, 2007–2017
Figure 29: Domestic Market Capitalization, 2007 - 2013
Figure 30: Housing Price Index (US$ terms), 2007–2013
Figure 31: Commodity Indices, 2007–2017
Figure 32: Inflation rate, 2007–2017
Figure 33: Interest Rate, 2007–2017
Figure 34: Stock Market Performance (US$ terms), 2007–2013
Figure 35: HNWI Wealth vs GDP Ratio, 2007–2017
Figure 36: HNWIs – Volume by Wealth Band, 2007–2017
Figure 37: HNWIs – Wealth by Wealth Band (in US$ Billion), 2007–2017
Figure 38: HNWIs – Per Capita Net Worth (US$ million), 2007–2017

Note: Product cover images may vary from those shown

- ANZ
- Allen & Overy LLP
- Anpha Capital Management
- Asset Management Consulting
- BDO Vietnam
- Baker McKenzie
- Balenciaga
- Bally
- Blackhorse Asset Management
- Burberry
- Bvlgari
- Chanel
- Christian Dior
- Christian Louboutin
- Citi
- deVere Group Vietnam
- DST International (DSTi)
- Dragon Capital Management
- EuroCapital Securities Company
- FTC Global Limited
- Givenchy
- Gucci
- HSBC
- Hermes
- Hugo Boss
- IAMC
- Jimmy Choo
- KCS Vietnam Company Limited
- L'Occitane
- Loewe
- Louis Vuitton
- Manulife (Vietnam) Limited
- Marc Jacobs
- Mekong Capital Ltd
- Montpelier Private Wealth Management
- New Quantum Vietnam Co. Ltd
- Nomura International (Hong Kong) Limited
- Ralph Lauren
- Salvatore Ferragamo
- Standard Chartered
- Swarovski
- The Atlantic Philanthropies (Vietnam) Limited
- Towers Watson
- Tricom Investment Ltd
- Tumi
- Vietnam Asset Management Limited (VAM)
- VinaCapital
- Zegna

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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