Vietnam's Pension Market: Starting from scratch
Source: Asia Insurance Review | Jun 2014
The establishment of PVI Sun Life, a new joint venture company between Sun Life Financial and PVI Holdings, comes at a time when - despite some recent bumps in the road and short-term economic challenges - Vietnam is among the fastest growing economies in Southeast Asia. The company's formation also coincides with the establishment of the country's private pension sector and, with PVI Sun Life among a handful of companies pioneering the development of the pension business, the company's new CEO Michael Elliott reflects on the opportunity for insurers offering private pension products in Vietnam.
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