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Vietnam's private pension player gears up for ‘aggressive’ launch

Dragon Capital's voluntary defined contribution plan launch comes as Vietnam's rapidly ageing population is set to increase pressure on the highly underfunded state pension plan.
Vietnam's private pension player gears up for ‘aggressive’ launch
Vietnam's first private and voluntary pension plan player, Dragon Capital, plans a full-scale launch of its offerings later this year as it seeks to claim a slice of a budding industry aimed at supporting a rapidly ageing society. "After building the backend of our scheme, we reckon that we should be able to go to market aggressively by the fourth quarter of this year,” Dominic Scriven, chairman of Dragon Capital, told AsianInvestor. And while formidable challenges remain, the c…
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