Vietnam ends two-child policy to address declining birth rates and aging population
[ad_1] A billboard campaigning for each family to have two children in an effort to improve the birth rate stands along the street in Ho Chi Minh City, Vietnam (Image credit: AP) Vietnam has officially ended its long-standing two-child policy. The country’s National Assembly amended the law on Tuesday that restricted families to having one or two children. The news was confirmed by state media, Vietnam News Agency, on Wednesday. The decision was made to boost falling birth rates and address concerns about an aging population.Vietnam's "golden population" period - when the working age population outnumbered the dependent population- began in 2007 and may continue until 2039. The working population is likely to reach its peak in 2042, and the total population may start shrinking by 2054. This shift could slow economic growth, as there will be fewer workers and […]