Vietnam's 'Ice Age Generation' Faces Financial Hardship in Old Age
Vietnam's 'Ice Age Generation,' who entered the workforce between the late 1990s and early 2000s, are facing financial hardship in old age due to starting careers at low wages during economic stagnation. They are at risk of insufficient savings and pensions, missing out on wage growth benefits.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Ca Mau, WB Cooperate in Sustainable Fisheries Development
Ca Mau Province in southern Vietnam is partnering with the World Bank to combat Illegal, Unreported, and Unregulated (IUU) fishing and promote sustainable fisheries. The province is also accelerating digital transformation and improving administrative services, aiming to export fishery products that meet international standards.
- Vietnamese, Panamanian First Ladies Connect Over Ethnic Textiles
The First Ladies of Vietnam and Panama participated in a cultural event in Hanoi focusing on ethnic textiles, deepening their understanding of Vietnam's diverse ethnic cultures and traditional craftsmanship. This exchange contributes to strengthening people-to-people ties between the two nations.
- Vietnam, Panama Leaders Boost Cooperation in Trade, Maritime Affairs
Vietnamese Party General Secretary and President To Lam and Panamanian President José Raúl Mulino held talks in Hanoi, agreeing to deepen bilateral cooperation in trade, agriculture, maritime affairs, aviation, and digital transformation. Both nations highlighted their roles as 'gateways' connecting Southeast Asia and Latin America.
- Vietnam and Tanzania Eye Deeper Investment Cooperation Leveraging Economic Complementarity
Vietnam and Tanzania are looking to expand investment cooperation, particularly in manufacturing and natural resources, by leveraging their complementary economic strengths. Both nations possess highly complementary economic structures, signaling potential for deepened bilateral ties.