As Singapore's aging population grows rapidly, projected to reach 25% of the total population by 2030, technology is seen as a key solution to address healthcare workforce shortages.

As one of the fastest-aging countries in the world, Vietnam is facing a host of challenges as its people would grow old before getting rich.

Population aging is an irreversible global trend and has a strong impact on all areas of society. The challenges that population aging brings to economic growth, politics, and social security issues are directly affecting the elderly.

Singapore is countering the risk of a rapidly aging population and a shortage of human resources in the near future.

Along with economic development and improved living conditions in Vietnam, attitudes toward nursing homes have gradually changed to a more plausible possibility. As a result, the demand for nursing homes is increasing in both quantity and quality.

An international policy consultation workshop held in Hanoi on August 28 sounded the alarm on Vietnam's declining fertility rate, with experts highlighting the linkage between education level, economic conditions and birth rates.

With an average elderly person having three chronic diseases and at risk of functional decline, building a strong foundation for healthcare and quality of life for the senior population becomes the responsibility of not only the Government but the entire society.

Vietnam is working to improve its fertility rate as the country is facing the risks of an aging population as well as losing its “golden population” phase that affect the socio-economic development.

United Nations Population Fund (UNFPA) Representative in Vietnam Matt Jackson has highlighted the importance of reliable, inclusive population data for Vietnam’s future, saying it is essential to leave no one behind and to best prepare for demographic shifts such as rapidly ageing population or risks from climate change.

The aging population and the unique characteristics of the older cohort in Vietnam are golden opportunities for the country to develop a silver economy.

According to the General Statistics Office (GSO), Vietnamese people aged 60 and above will account for about 20% of the total population by 2038. At the current rate of population aging, Vietnam is expected to be among the top 10 fastest-aging countries globally, posing new challenges for the Government in the care of the elderly.

Vietnamese people have a relatively long life expectancy but many elderly have to 'co-habit' with different illnesses for many years.

The proportion of citizens aged 65 and above in Singapore has increased from 11.7% in 2013 to 19.1% this year, according to the country’s annual Population in Brief report released on September 29.

More than 16 million informal workers in Thailand have not participated in any savings scheme to prepare for their life during retirement even though the country is expected to become an aged society in the next two years.

An aging population is presenting many challenges for Vietnam as the country’s social security system is still in its early stages and its economic resources are limited, delegates said at the Aging Summit 2022 in Ho Chi Minh City on November 29. ​

Vietnam now ranks second in the number of employees working in Japan, according to the latest statistics of Japan's Ministry of Health, Labour and Welfare.

Vietnamese workers in Japan topped 401,000 as of October 2019, an increase of 26.7 percent from a year earlier, adding up to the record of almost 1.66 million foreign workers in the country, data of the Japanese labour ministry show.

The Japan International Cooperation Agency (JICA) and the World Bank (WB) on August 7 jointly launched a knowledge-sharing programme to assist policymakers in Vietnam with developing new models of care services for the elderly as Vietnam’s population is aging at a pace faster than any of its regional peers.

The number of babies born in Singapore were 39,039 last year, a 1.5 percent drop from 2017 and the lowest over the last eight years, according to a report by the Immigration and Checkpoints Authority.

Vietnam’s population is estimated to reach 94.7 million at the end of 2018, according to the General Office for Population and Family Planning (GOPFP) under the Health Ministry.