Vietnam's National Assembly has officially abolished a long-standing two-child policy as the country confronts decreasing birth rates and the socio-economic risks of an aging population. The fertility rate in Vietnam has fallen to 1.91 children per woman, noted as alarmingly low compared to the 'replacement level' of 2.1. This changing demographic environment prompted the shift, mirroring global trends where many countries are moving from strict population controls to incentivizing births. With concerns of a declining working-age population by 2042, these changes are part of a broader strategy to support sustainable economic growth and societal continuity.
Vietnam's National Assembly has repealed its four-decade two-child policy amidst declining birth rates and an aging population, acknowledging demographic risks for its economy and society.
Vietnam's fertility rate, which has dropped from 2.11 in 2021 to 1.91 in the past year, highlights pressing demographic challenges facing the nation.
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