Economic gains from population to fall sharply from 2019: UNFPA
Though Vietnam has a golden population structure until 2042, with the rapid population aging speed like at present, economic gains from population will sharply decline from 2019.
Young people receive advice on future careers (Photo: VNA)
HCM City (VNA) – Though Vietnam has a goldenpopulation structure until 2042, with the rapid population aging speed like atpresent, economic gains from population will sharply decline from 2019.
The remark was made by Nguyen Ngoc Quynh, arepresentative of the United Nations Population Fund (UNFPA), at a workshopheld by the National Assembly’s Committee for Social Affairs in Ho Chi MinhCity on December 18.
She noted that the strong decrease of economicgains from population is because the population’s total income will be lowerthan total spending.
At present about 70 percent of Vietnam’spopulation are of working age, which is a chance for the country to stronglypromote economic growth. However, opportunities from golden population do notnecessarily mean economic gains.
Quynh said a UNFPA study shows that in 2017,total income of Vietnam’s population is bigger than their total spending. Withrapid population aging, this income – spending scale will balance in 2018 andbegin to have deficit in 2019 as total spending will be bigger than totalincome of the population.
To capitalise on economic gains from the goldenpopulation opportunities, she suggested the country increase the number ofpeople in working age along with the employment rate while creating favourableconditions for the elderly and women, especially ethnic minority women, towork.
It is also important to boost labourproductivity since Vietnam is among countries with lowest productivity in Asia.To extend economic gains from population until 2042, local labour productivitymust be raised by 1.28 percentage points each year, she added.
At the workshop, former Vice Chairman of the NationalAssembly’s Committee for Social Affairs Nguyen Van Tien said the Governmentshould have a road map for gradually raising the retirement age, firstly forwomen.
He added it is also necessary to encourage theelderly to engage in employment and social activities, encourage the employmentof old persons, provide vocational training for people near retirement age,reform the social insurance regime, and build a friendly environment for theelderly.-VNA
Population quality increased remarkably as the infant mortality rate for children aged under 5 years old and the fatality rate for mothers reduced, while average life expectancy rate started to rise.
It is necessary to switch the population policy’s focus from family planning to population and development, which is considered a policy revolution to thoroughly deal with population issues and improve the population’s quality, said an official.
The Ministry of Health and the United Nations Population Fund (UNFPA) jointly held a ceremony in Hanoi on July 11 to mark 40 years of Vietnam-UNFPA cooperation and World Population Day (July 11).
Vietnam’s population is aging quickly. This year, 11 percent of the population is elderly. The country is facing the question of how to care for its ageing citizens, especially when it comes to health
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.