by An Vũ and Dương Nguyễn Việt Nam’s population is rapidly ageing, and along with the increasing number of elderly people, comes a boom in start-up businesses among them. According to a report, in 20 years the rate of people over the age of 65 will rocket from 7 per cent to 14 per cent of the population. By 2038, the senior group in Việt Nam will take up 20 per cent of the population, meeting the criteria of an ageing society, and many people will be living in poverty. Illustration by Trịnh Lập Starting up a new business in the winter of life sounds odd to some, but it is one way to guarantee social security, so the elderly can devote themselves to society, and live well and happily in an ageing society. Japan is one example where starts-up for old people are flourishing, as some businesses in the country are designed for them to succeed in, like taxi drivers, farmers, factory and office workers. According to the Ministry of Labour, Invalids and Social Affairs, nearly 46 per cent of old people in Việt Nam are still working and get paid. It’s easy to find start-ups run by the… Read full this story
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