Ultra Rich Turn Vietnam Into a New Hot Spot for Luxury Yachts
Manufacturers are now honing in on the relatively untapped market as dollar millionaire population surges
Azimut’s Grande 32M in Vietnam.
Source: Azimut Benetti Group
After making a fortune in coal mining and thermal power with his Dong Hai Ltd., Pham Van Toan wanted to try something different and shifted his investments towards luxury ventures three years ago.
That includes investing in a hotel with nearly 600 rooms, acquiring a golf course and buying a superyacht, which has been his dream for two decades.