Vietnam unprepared for challenges of aging population: ADB
Vietnam's population aging pace is faster than that in other countries
Stay updated with breaking news from Developing Asia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Vietnam's population aging pace is faster than that in other countries
Developing Asia and the Pacific is unprepared to secure the well-being of its rapidly aging population as the growing share
The number of people aged 60 and older in developing Asia and the Pacific is set to nearly double by 2050 to 1.2 billion - or about a quarter of the total population - significantly increasing the need for pension and welfare programmes as well as health care services.
Developing Asia and the Pacific are unprepared to secure the well-being of its rapidly aging population as the growing share of older people in the region faces challenges from low pension coverage to health problems, social isolation
China remains a weight on the regional growth outlook as a protracted property crisis and other challenges keep the world's No.2 economy from mounting a strong economic revival, the ADB said. -April 10, 2024 at 08:02 pm EDT - MarketScreener