The elderly is not a burden, but a precious resource for the country’s development. Population aging should no longer be seen as a risk or challenge but as a new driver, opportunity and resource for development.
Viet Nam will see an increase in its ageing population in the coming years, with people aged 60 and above estimated accounting for 29.8 million or 27.2 per cent of the population by 2050, according to HelpAge International.
Prime Minister Nguyen Xuan Phuc put emphasis on the need for long-term solution to new drivers of growth and economic impetus to help the country escape the middle-income trap, especially as ageing population has already been underway.
