Published on March 29, 2026
Experts are calling for a strategic approach to harnessing the potential of the ageing population in Vietnam, emphasizing the need to unlock the ‘silver economy’ to boost the healthcare sector. As the country grapples with an increasing number of elderly citizens, it faces the challenge of adapting both its workforce and market structures to accommodate this demographic shift.
During a recent conference, participants highlighted the importance of institutional reforms and innovative market development tailored specifically to an ageing society. They argued that Vietnam must not only recognize the elderly as vital contributors to the economy but also take proactive steps to employ them in areas like healthcare, where their experience and knowledge could be invaluable.
The concept of the ‘silver economy’ refers to the economic opportunities arising from the needs and contributions of older adults. With a growing percentage of the population aged 60 and above, experts believe that effectively integrating this demographic into the workforce can lead to significant economic growth, especially in healthcare, where the demand for services is rapidly increasing.
Vietnam is in a unique position as one of the fastest-ageing nations in Southeast Asia. The country’s approach to this demographic shift could set a precedent for others in the region. Experts advocate for developing tailored training programs aimed at older adults to ensure they possess the necessary skills and knowledge to meet modern industry standards.
Furthermore, there is a call for policies that encourage businesses to create inclusive work environments that not only value older workers but also promote their well-being and job satisfaction. This includes flexible work arrangements and supportive health programs that cater to the specific needs of older employees.
The participants concluded that recognizing the potential of the elderly workforce and fostering an inclusive economy could significantly contribute to the sustainable development of Vietnam’s healthcare sector. As the nation prepares for a future where the population continues to age, prioritizing these strategies will be essential for economic resilience and growth.
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