Financial literacy and retirement planning in Vietnam

Title: Financial literacy and retirement planning in Vietnam
Authors: Do, Thu Huong
Keywords: financial literacy;retirement planning;pension funds
Issue Date: 2017
Publisher: VNU Journal of Science
Series/Report no.: VNU Journal of Science: Policy and management studies;Vol.33, No. 2 (2017)
Abstract: In the context of a “getting old before getting rich” population, pension schemes in Vietnam are now facing many challenges which may lead to depletion in 2034 if no effective reform takes place shortly. Though there is still no blueprint for a nationwide reform, household behavior adjustments such as better retirement preparedness and planning may create important changes. By examining the current state of financial literacy and the elderly’s financial situation, the research reveals that financial literacy is of primary importance for retirement security in Vietnam.
Description: p. 61-72
URI: http://repository.vnu.edu.vn/handle/VNU_123/60457
Appears in Collections:IS - Papers

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