Vietnam Wealth Management Forum 2019 - Highlights - Dominic Gamble

Dominic Gamble of Wealth Dynamix

Sep 19, 2019

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1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

It's been very interesting spending the day here in Ho Chi Minh. A lot of the banks and securities firms have been talking about digital transformation and their priorities for next year. That buzzword, digital, is really on everybody's lips, should we say. The interesting thing for us as a business that's focused on the affluent and the high net worth is how the wealth management industry in this country is really going to start to expand over the next couple of years. We're pretty excited by the prospects for wealth management in Vietnam. Admittedly, it will take some time. The journey so far has been fairly slow for some of the banks to adopt wealth management divisions, but that is changing, and today really, for us, gets us pretty excited about the prospects of many of the banks, and there are a lot in this country, starting to grow their wealth management divisions. They need software for that, which is good.

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