Senior citizens need training, employment support amid aging population
There will be tens of millions of elderly people with desires for entrepreneurship, vocational training, and employment opportunities in the next decade, offering both significant challenges for society and an important workforce contributing to the country’s economic growth.
In 2023, Vietnam has more than 16 million elderly people. According to a forecast by the General Statistics Office, by 2036, the country will officially enter the aging population phase, with over 21 million elderly people, accounting for 19.48% of the total population.
Statistical data also showed that 57% of old people in Vietnam do not receive pensions or social insurance benefits. The majority of the group has not enjoyed social security policies or has low incomes insufficient to cover their living expenses. Therefore, the need for work to generate income for themselves and their families is an issue of great concern.
