Yachting gains momentum in Vietnam

10:23 PM Sat 18 Sep 2010 GMT

'Vietnam - Ha Long Bay idyllic for cruising' . Click Here to view large photo

Malaysia started upgrading its yachting infrastructure years ago. Then it was China, catering for their rising rich class. India has become very conscious of the yachting scene, with its first marina in Kochi, and just recently their Navy welcomed back the first circumnavigating Indian sailor. Now it's Vietnam who has a new rich class who want to go boating... but it's not so easy yet. Under current regulations, individuals who buy private yachts or airplanes must pay luxury tax of 30 per cent, import tax of ...

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by Lee Mylchreest