President Nguyen Xuan Phuc attended a ceremony in the northern province of Hung Yen on October 1 in response to the Action Month for the Vietnamese Elderly, on the occasion of the International Day of Older Persons.

VOV.VN - Hundreds of thousands of elderly, children, handicapped people in Quang Nam and Thua Thien-Hue provinces have been brought to safe places before super typhoon Noru hits the mainland on September 27 night.

The increasing demand for services for the elderly has created investment and business opportunities for local and foreign investors.

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.

Demand for “housing with care” – a range of residential formats (which often provide care services) for older people – is increasing, but the market remains almost untouched in Vietnam, according to property consultancy Savills Vietnam.

President Nguyen Xuan Phuc has hailed the elderly as an invaluable asset of the nation, an important force of the country, and pillars of Vietnamese families and society.

Vietnam aims to provide social insurance coverage for all elderly people nationwide by 2021, said Deputy General Director of Vietnam Social Security (VSS) Tran Dinh Lieu at a meeting of the Vietnam National Committee on Ageing (VNCA) on January 15.

Vietnam will enter the “elderly population structure” in 2026, which will last for 28 years until 2054, according to an in-depth study of the 2019 population and housing census.

Policies to support the impoverished, particularly children, the elderly and ethnic minority people, should be completed to ensure that no one is left behind, Prime Minister Nguyen Xuan Phuc has said.

It takes Vietnam only 20 years to transform from 7% to 14% of the population aged 65 and over.