The report also predicts the UHNWIs population in Vietnam will grow to 978 in 2028, meaning an increase of around 30 per cent in the five year period.

An annual Wealth Report released recently by Knight Frank shows that the number of ultra-high net worth individuals with assets of more than US$30 million each in Vietnam is projected to increase considerably in the next five years.

The economic group owned by Trinh Trung Uy, dubbed the Quang Ninh tycoon, owns the largest pair of 6-star super-luxurious yachts, worth $35 million, in Vietnam.

The fastest growing market for centi-millionaires, who boast US$100 million or more in investable assets, over the next decade is forecast to be Vietnam, according to The Centi-Millionaire Report.

While their parents are well known in the business world, their daughters are secretive. The daughters' parents include:

The assets of the richest people in Vietnam have risen sharply in recent times. Many tycoons have earned huge recently.