TRUaire Vietnam cooperates with Dragon Capital | Entrepreneur | Finance

TRUaire Vietnam signed a strategic cooperation agreement with Dragon Capital Vietnam, providing retirement benefits to 1,500 employees in Vietnam.

TRUaire Vietnam Industrial Company Limited (TRUaire Vietnam) signed a strategic cooperation agreement with Dragon Capital Vietnam Investment Fund Management Company ("Dragon Capital Vietnam") to provide retirement benefits to more than 1,500 employees in Vietnam. This activity contributes to affirming the orientation of building the best working environment for employees of the member company of CSWI Group.

In the context of rapid population aging and increasing number of elderly people, the need for social security is one of the things that people are concerned about.

Along with that, by 2030, Vietnam will have over 16 million elderly people without pensions due to the population aging rate occurring faster than the economic growth rate, according to the forecast of the International Labor Organization (ILO).

Therefore, the establishment of a voluntary supplementary pension fund (pension fund), including products pioneered by Dragon Capital Vietnam, is considered a useful and meaningful solution for the future of workers.

Signing with Dragon Capital Vietnam to bring the Voluntary Supplementary Pension Fund to its staff is a long-term commitment of TRUaire Vietnam to ensure financial stability for employees upon retirement.

It is expected that more than 1,500 employees of the company will participate in this program. TRUaire is the 19th enterprise to sign with Dragon Capital Vietnam to implement a pension fund for employees and is the pioneer in Nhon Trach Industrial Park ( Dong Nai ) to bring this benefit to its team.

As one of the world's leading group companies, TRUaire Vietnam always strives to provide the best benefits packages for its employees.

"For us, human resources are the most important thing. That is why TRUaire Vietnam always gives the best to its employees so that the company is not only a place where employees can devote their abilities, but also the most ideal environment for sustainable attachment and peace of mind in all aspects," said Mr. Sirichai Chongchintaraksa, Senior Vice President of International Operations of TRUaire Vietnam.

With the Voluntary Supplemental Pension Plan provided and managed by Dragon Capital Vietnam, current and future employees of TRUaire Vietnam can participate if they wish and meet certain specific requirements.

The company and employee contributions to the Pension Fund will be the foundation for each person's financial future. "We share the company's profits through this Pension Fund to both recognize and express gratitude for the positive contributions of our staff and to encourage each employee to create and maintain the habit of saving to ensure their future life," said Mr. Luu Thanh Phuong, Factory Director of TRUaire Vietnam.

An Vui Retirement is a voluntary supplementary retirement program managed and provided on the market by Dragon Capital Vietnam, currently being implemented in many enterprises with diverse staff sizes.

Over three decades of establishment and development, Dragon Capital Vietnam has extensive experience in managing investment funds. The voluntary supplementary pension fund product in particular has been designed based on an understanding of the need to accumulate for life after retirement, as well as the desire to accompany and share the responsibility of business leaders towards their employees.

"We wish to work with business leaders to take care of the lives of all employees, so that they can strive to contribute and feel secure in their retirement. In line with the investment philosophy for the people and country of Vietnam, Dragon Capital has been carrying out the mission of improving the quality of life through building savings habits, aiming for a stable and comprehensive financial future," said Mr. Beat Schuerch, General Director of Dragon Capital Vietnam.

TRUaire Vietnam is a member company of RectorSeal, a member of CSWI Group, listed on the NasDaq stock market with the code CSWI. For nearly 40 years, the company has specialized in manufacturing and exporting high-quality air vents and louvers with more than 10,000 types serving markets in the United States and around the world. TRUaire Vietnam currently has 1,500 employees working at the factory in Nhon Trach Industrial Park, Dong Nai province.

Dragon Capital Vietnam is currently consulting and managing assets worth more than 6 billion USD (end of September 2024), providing diverse investment products, meeting all financial needs and goals of many investors from individuals to domestic and foreign organizations. Open-end funds managed by Dragon Capital Vietnam have always been among the group with leading investment efficiency in the market in recent years.

In particular, Dragon Capital is the first fund management company in Vietnam to implement a voluntary supplementary pension program for businesses and employees.

Source: https://diaoc.nld.com.vn/truaire-viet-nam-hop-tac-cung-dragon-capital-196241107125648982.htm