Japan and the World Bank launch knowledge-sharing program to develop policy for elder care in Vietnam
The Japan International Cooperation Agency (JICA) and the World Bank launched a knowledge-sharing program for elder care in Vietnam. The elderly population in Vietnam is projected to increase from 7% to 14% by 2035, faster than Thailand or Singapore. Policy measures to mitigate aging populations’ economic impact are urgently needed. The program will be implemented in three phases, from August 2019 through March 2020.
World Bank Country Director for Vietnam, Ousmane Dione, spoke on the subject, saying, “Vietnam needs to start preparing for an aging society now by developing a comprehensive and financially sustainable health and social care service system that can provide the elderly with the care they need.”