Dragon Capital Vietnam Investment Fund Management Joint Stock Company (Dragon Capital) and Vina Securities Joint Stock Company (VNSC) have recently collaborated to introduce a voluntary supplementary retirement program between VNSC and Dragon Capital – a voluntary retirement program for all VNSC employees.
Hưu Trí An Vui is a long-term financial investment product, designed and operated on a voluntary basis between employees and the company.
The program aims to encourage long-term investment and savings, providing employees with additional income during their retirement. This voluntary retirement fund model is regulated and supervised by the state, ensuring transparency and protecting the interests of all participants. Hưu Trí An Vui, offered by Dragon Capital, is the first voluntary supplementary retirement program in Vietnam.
According to the International Labor Organization (ILO), without significant support from the state budget, Vietnam is projected to have over 16 million elderly people without pensions by 2030, as the aging population is growing faster than the economy.
The Ministry of Labor, Invalids, and Social Affairs also emphasize the need for a multi-layered social insurance policy framework to support Vietnam’s rapidly aging population. This framework includes voluntary supplementary retirement programs, which allow employees and companies to contribute towards a higher retirement income, usually managed by insurance companies and fund management firms.
 Mr. Na Sung Soo, Executive Director of Vina Securities
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VNSC, recognizing that its people are its greatest asset and the driving force behind its success, is one of the pioneering securities companies in Vietnam to adopt the Hưu Trí An Vui program as an employee benefit.
“Young Vietnamese professionals are increasingly focused on retirement planning,” shared Mr. Na Sung Soo, Executive Director of Vina Securities. “At VNSC, employees under 35 years of age make up almost 90% of our workforce and are crucial to our enterprise innovation. Thus, VNSC has implemented competitive benefit policies and actively invests in people. We understand that investing should start early, and our collaboration with Dragon Capital on the Hưu Trí An Vui fund encourages our employees to develop a habit of investing in their future now. We believe this fund will provide our employees with financial security and peace of mind during their retirement.”
 Ms. Luong Thi My Hanh, Director of Asset Management, Domestic Block, Dragon Capital Vietnam
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“The Hưu Trí An Vui program will be a valuable solution in offering VNSC employees a brighter financial future, empowering them to plan for their post-retirement lives,” said Ms. Luong Thi My Hanh, Director of Asset Management for Dragon Capital Vietnam’s domestic block. “This collaboration demonstrates both companies’ commitment to the financial well-being of VNSC’s employees, enabling them to embark on a journey of prosperity and build a better future for themselves and their families.”
As of the end of June 2024, Dragon Capital managed and advised on assets totaling 5.8 billion USD. The company operates in various investment fields, including securities, equity capital, bonds, and renewable energy, offering the most diverse range of investment funds in the market. These funds cater to the financial needs and goals of a wide range of investors, from individuals to organizations, both domestic and foreign.
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