This city has the fastest millionaire growth rate in the world, and the number of super-rich people gathering here is also the highest in Vietnam.

According to the report "The Wealthiest Cities in the World in 2023" by Henley & Partners in collaboration with New World Wealth, HCMC. Ho Chi Minh City recorded an increase in the number of millionaires by 82% in the period 2012 - 2022, ranking 9th in the ranking of 97 cities. Also according to this report, Ho Chi Minh City currently has 7,700 millionaires, including 15 people with assets worth over 100 million USD (centi-millionaire) and 3 billionaires.

Ho Chi Minh City is home to many millionaires and billionaires across the country.

Currently, Ho Chi Minh City is emerging as Asia's next big millionaire hotspot. The rapidly expanding sectors include financial services, textiles, technology, electronics, telecommunications, chemicals and tourism. The increase in the number of millionaires in HCMC is attributed to the city's strong economic development in recent years. Ho Chi Minh City is the economic, financial, trade and tourism center of Vietnam, attracting many domestic and foreign investors. In addition, Ho Chi Minh City is also a city with a large, young and dynamic population, creating high-quality human resources for businesses.

Top 10 cities with the fastest growing number of rich people in the world from 2012 to 2022. Source: Henley & Partner.

The increase in the number of millionaires in Ho Chi Minh City is a positive signal for the Vietnamese economy. This shows that Vietnam is becoming an attractive destination for investors, contributing to promoting economic growth and improving people's lives.

Besides Vietnam's Ho Chi Minh City, ranked first on this list is Hangzhou (China), with a growth rate of 105%, with 98 people with assets of over 100 million USD and 12 billionaires. In addition, China also has 2 other representatives, namely Shenzhen ranked 3rd and Guangzhou ranked 7th.

In the top 10 rankings, there are also representatives such as the city of Austin, capital of Texas, USA, taking second place; West Palm Beach city of Florida, USA ranked fourth; Scottsdale of Arizona, USA ranked 5th; 6th is the Indian city of Bengaluru, 8th is Sharjah of the UAE, and last on the list is another Indian city - Hyderabad.