HANOI, Sept. 27 (Xinhua) -- The total assets of Vietnam's financial market are estimated at 41.3 quadrillion Vietnamese dong (about 1.6 trillion U.S. dollars), equivalent to 332 percent of gross domestic product, Vietnam News Agency reported Saturday.

Speaking at the Vietnam Wealth Advisory Summit 2025 in Hanoi on Thursday, Can Van Luc, a member of Vietnam's National Financial and Monetary Policy Advisory Council, noted that domestic financial products and services are modernizing rapidly, with retail financial services and digital finance showing strong growth momentum, the report added.

According to the Knight Frank Wealth Report 2025, Vietnam currently has about 5,459 people with net assets exceeding 10 million U.S. dollars, ranking sixth in Southeast Asia, the state-owned media reported. ■