Vietnam among world’s fastest aging countries
It is forecast that it will take no more than two decades for Vietnam to raise the rate of people aged 65 and above to 14 percent from 7 percent.
Since 2007, the country has entered a golden population period that generates abundant workforce for 2010 – 2020 economic growth.
As of the late 2017, there were 11 million senior citizens nationwide, accounting for about 11.95 percent of the total population, roughly 2 million of them aged above 80.
Vietnam is predicted to enter aging population period by 2035 with some 21 million old people who make up 20 percent and 25 percent of the total population by 2038 and 2049, respectively.
Deputy Minister of Labour, Invalids and Social Affairs Nguyen Thi Ha said Vietnam’s average life p rose from 68.6 in 1999 to 73.2 in 2014, which is forecast to rise to 78 by 2030. Moreover, 70 percent of the elderly still work for a living.
Prof. Nguyen Dinh Cu from the National Economics University’s Institute for Population and Social Affairs suggested developing social welfare services and issuing public-private partnership mechanism in the field.
Nguyen Ngoc Quynh from the United Nations Population Fund said aging population offers opportunities to health care services designed for the elderly.
Meanwhile, chief of the Office of the Vietnam National Committee on Aging highlighted the need to create favourable conditions for old people to access credit for business.
Related News
Vietnam ready to export first batch of sweet potatoes to China
13:57 | 06/04/2023 Anti-Smuggling
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Latest News
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines
State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert
14:10 | 03/04/2023 Headlines
Vietnam"s economy to grow by 6.6% this year: OECD
17:45 | 02/04/2023 Headlines
Bright outlook for Vietnamese tourism in new situation
16:52 | 02/04/2023 Headlines
More News
Vietnam, US hold 12th Political, Security, Defence Dialogue
20:25 | 01/04/2023 Headlines
Vietnam calls for comprehensive, all-society approach to waste management
14:32 | 31/03/2023 Headlines
Many factors support foreign capital flow
13:40 | 30/03/2023 Headlines
Foreign SMEs pour capital into Vietnam
13:37 | 30/03/2023 Headlines
Leaders of aviation firms to be disciplined if employees committed wrongdoings
15:38 | 29/03/2023 Headlines
Vietnam - Lao joint border patrol held
15:31 | 29/03/2023 Headlines
CPI increases about 4.2% in first quarter
14:27 | 28/03/2023 Headlines
PM orders close coordination to remove obstables to property market
14:20 | 28/03/2023 Headlines
PM chairs Government meeting on law building
15:46 | 27/03/2023 Headlines
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM
16:09 | 05/04/2023 Headlines
Việt Nam, US hold 12th political, security, defence dialogue
14:15 | 03/04/2023 Headlines
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines