Where is ageing population

Publication date: As a result of sharp reductions in fertility and mortality as well as increased life expectancy at birth, the elderly population in Viet Nam is increasing rapidly in both absolute and relative numbers.

Similar to rapid population growth, rapid population aging creates various pressures on economic growth, as well as on the infrastructure and social protection services.

This report aims to provide a comprehensive review and analysis of related issues, and provide tentative recommendations for policy responses to issues related to aging in the years to come.

For example, helped by state funding, Japanese firms are now investing in the design of care robots such as Paro the robotic seal , mechanical care aids for caregivers and innovative regenerative and cell therapies. Singapore and Japan are doing the right thing by looking long-term and starting early. As the examples above show, what both countries also have in common is tackling the issue holistically from different angles.

Ensuring that the future elderly population has sufficient health insurance cover serves to protect the country from an excessive healthcare burden as the population ages. Both countries are also thinking ahead about the jobs and character of the economy as the population ages. Longevity will affect every aspect of a nation. Countries need to take a whole-of-government approach to make sure they are sufficiently prepared to reap a longevity dividend.

The views expressed in this article are those of the author alone and not the World Economic Forum. There are 1. They make up the largest adult generational cohort worldwide. European governments are concerned about how to fund the care needs of its ageing populations. But adapting policies can improve the lives of seniors. I accept. Take action on UpLink. Explore context. Explore the latest strategic trends, research and analysis. Have you read? How to get ageing populations to invest in their health What fast-ageing countries such as China tell us about our economic future Grey fingers: Ageing Singapore uses gardening to fight loneliness.

An additional 1. This leaves a gap of 5 million older people who do not receive any form of pension. The benefit level for the non-contributory social pension is about 9 USD a month, though some groups receive more.

Those aged who have a severe disability receive Those over 80 who have a severe disability as well, receive 18 USD a month. The trend in Vietnam is towards progressively lowering criteria for eligibility for social pensions and increasing extended benefits to more groups.

Click here to access our latest content. Ageing population in Vietnam. Ageing population in Vietnam The information on the ageing population in this country is presented under three sections: 1. Situation of older people In Vietnam, the number of older people is increasing while the birthrate has dropped, accelerating the rate of population ageing.

HelpAge International, International Labour Organization. World Social Protection Report — Geneva: ILO. Pension Development. Country Database: Vietnam.