Viet Nam's Old Age Pensions
In 2016, older persons over 65 years of age made up approximately 7 per cent of the population of Viet Nam and face relatively a high incidence of poverty at approximately 22 per cent. With this vulnerability as a growing concern, the Government of the Socialist Republic of Viet Nam adopted reforms to the old age pension schemes in 2007 with the law of social insurance and the social pension scheme in order to extend coverage to the entire working-age population.