(Source: Viet Nam Social Security)

Leaders of the Vietnam Social Security (VSS) and the Asia-Pacific Investors Cooperation (APIC) met in Hanoi on January 16 to discuss the organisation of the APIC-ASEAN Summit 2018 in Vietnam.

The meeting was chaired by Deputy Minister, VSS General Director Nguyen Thi Minh and attended by VSS Deputy General Director Dao Viet Anh, among others.

At the meeting, the two sides discussed the possibility of coordination between APIC and VSS in holding the APIC-ASEAN Summit 2018 on the sidelines of the 35^th Meeting of the ASEAN Social Security Association (ASSA)’s Executive Committee in September 2018 in Khanh Hoa province.

According to APIC President Ana Sharp, in recent years, the APIC has paid much attention to the implementation of social security policies in Asia. The APIC has worked with relevant organisations of some ASEAN countries such as the Philippines and Thailand, toward the organisation of the ASSA conference in Vietnam. She expressed her hope to receive cooperation from the VSS to hold the APIC-ASEAN Summit 2018.

Meanwhile, VSS General Director Nguyen Thi Minh thanked the APIC for its goodwill. Vietnam has always paid due attention to managing and ensuring the safe and balanced growth of the pension fund, she said, adding that through the APIC-ASEAN Summit 2018, Vietnam hopes to learn from experience and receive advice from international partners, including the APIC, in investing and developing the fund.

The APIC is a strategic private network in Asia exclusively created by sovereign wealth funds, government funds, central banks and public and private pension plans. It was formed to preserve the Asian retirement programme’s assets and serve the sponsors’ need by providing access to global best-practice in fund management and investment strategies, risk, governance, regulatory and policy guidance. Its network covers 22 countries with total funding under its management has reached 30 trillion USD.

International Cooperation Department