Vietnam Economy
The company calls it selling the factory and going asset-light. But look closer — who is buying, and where does the debt go?
Vietnam Economy
At noon on April 23, Pham Nhat Vuong's net worth reached $34.9 billion, up $2.9 billion in one day. He is now Forbes' 65th richest person and Southeast Asia's wealthiest. When Forbes first recognized him in 2013, he was worth $1.5 billion and ranked 974th.
Vietnam Policy
Vietnam has 80 million motorbikes and Honda holds 80% of the market. A July 2025 prime ministerial directive ordered petrol motorbikes banned from Hanoi's inner ring by July 2026. Nine months later, the pilot covers just 11 streets — about 2% of the original scope.