Vietnam eyes silver economy development


Vietnam Prime Minister Pham Minh Chinh stressed that older people remain a valuable resource for national development. — Vietnam News

HANOI: Prime Minister (PM) Pham Minh Chinh has called for stronger policies to develop the silver economy, saying Vietnam should turn rapid population ageing into a new engine for economic growth rather than viewing it as a burden.

Speaking at an online conference on the silver economy on Wednesday, jointly organised by the Vietnam Association of the Elderly and the Health Ministry, the PM stressed that older people remain a valuable resource for national development.

“The elderly are not a burden, but a precious resource for the country’s development. “Population ageing should no longer be seen as a risk or challenge but as a new driver, opportunity and resource for development,” the PM said, describing older citizens as “living dictionaries”, a “treasure of wisdom” and a “golden generation” holding valuable traditions, management experience, production skills and creative knowledge. — Viet Nam News/ANN

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