The Institute of World Economics and Politics (IWEP) under the Vietnam Academy of Social Sciences held an international symposium on population aging's impacts on economic development in Hanoi on September 16.
Hanoi (VNA) – The Institute of World Economics and Politics (IWEP)under the Vietnam Academy of Social Sciences held an international symposium on population aging's impacts on economic development in Hanoi on September 16.
The event offered a chance for scientists to exchange viewson the trends and impacts of population aging on economic development based oninternational experience and practice in Vietnam, and propose solutions to copewith the current rapid population aging in the country.
IWEP Acting Director Phi Vinh Tuong said that population aging is a bigchallenge for economic development and welfare issues and Vietnam officiallyentered the aging population stage.
He cited the General Statistics Office (GSO)'s data as saying that in2019, Vietnam had about 10.4 million elderly people, accounting for 11% of thepopulation.
According to the United Nations Population Fund's forecast,in 2029, the number of elderly people in Vietnam will reach 17 million people,accounting for 16.5% of the population. The figures will reach 22.2 million peopleand 20.2% in 2038, and 31 million and 27% in 2069.
The figures showed that the population aging in Vietnam occursfaster than the population growth rate, and is concentrated in rural areas.Vietnam's population aging is resulting in several socio-economic problems thatneed to be solved such as employment, health care, social welfare, and hasaffected economic growth and social welfare issues.
Participants stressed the need to strengthen the role andcapacity of socio-political and professional organisations in building, mobilisingand implementing policies for population aging and the elderly; unifying theapproach on population aging in researching and making related policies; andstrengthening communications and education to raise public awareness ofimproving health care for the elderly./.
The Vietnamese Party and State pay attention to issues relating to the elderly and their rights, said Chairwoman of the Vietnam Association of the Elderly (VAE) Pham Thi Hai Chuyen.
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Illustrative image (Photo: Internet) 
