Few things are more anathema to communism than a superyacht, except perhaps taking a ride to the marina in a Bentley.
In Nha Trang on Vietnam’s east coast, motorbikes still outnumber luxury cars but there are signs of flourishing wealth everywhere.
The half-hour drive along the road to the country’s first deep water marina is filled with glimpses of plush resorts, some complete and others in various stages of development. There’s a palpable sense of the money and ambition being poured into this once sleepy fishing village, just a short flight from Ho Chi Minh City. That’s reinforced when Ana Marina, which can accommodate up to 220 yachts, comes into view.
GYG plc (LON:GYG) was formed from the joint venture of two global superyacht painting, service and supply companies, Pinmar and Rolling Stock. GYG operates six market leading brands; Pinmar, Pinmar USA, Pinmar Supply, Rolling Stock, ACA Marine and Techno Craft.