Vietnam has approximately two thousand people who are known publicly to hold assets of over USD5 million each. The number is figured to carry on rising that might fuel the bigger demand for luxury yachts.
In Vietnam, the most expensive yacht is US$ 4 million Azimut 70, is owned by family of actor Tang Thanh Ha’s husband. Actress Diem My has also used a US$2 million Sunseeker for several years. Dao Hong Tuyen, the chairman of Tuan Chau Group in Quang Ninh state owns 5 yachts, including 3 large yachts. In Nha Trang City, Dierctor of Hai Au Ltd. Co. Bui The Vinh, has recently purchased a VND10 billion yacht. In the meantime, several other affluent as well as better-off people have also adopted the suit.
Azimut Yachts Vietnam Ltd. has introduced a representative office in Vietnam to take more options to serve local rich people. The costs range somewhere between US$450000 and US$25 million each, stated Kirill Kuatov, the company director.
As per the director of a boating service firm in HCM City, a raising number of city people have paid for deluxe yachts. Kuatov also stated that every year, prices for a yacht accounted for 3% to 5% of its value, and that includes salary for crew, maintenance and wharfs.
Meanwhile, Rolls-Royce stated that the biggest trend among the rich is for colored engines in their luxury boats. The Power Systems division of the firm has been constructing diesel engines for boats since 1930s and people under their MTU brand include top builders Lürssen, Sunseeker and Italy’s Ferretti.