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Vietnam seeks to raise retiring age as population pressures pensions
Published Thu, Sep 22, 2016 · 09:50 PM
Hanoi
VIETNAM is trying to raise the retirement age of both men and women to mitigate the economic impact of a rapidly ageing population and take pressure off its depleted social welfare funds.
The Labour Ministry wants to get the issue on the agenda of Parliament having faced resistance from legislators fearful that by keeping people in work longer, the younger generation might have problems getting jobs.
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