Tuesday, Vietnam abolished its long limit AP Reports. The National Assembly adopted changes to the abolition of rules that limit families to have one or two children, one or two children from the Vietnam media reported on Wednesday. Vietnamese families have fewer children than ever before. The birth rate in 2021 was 2.11 children per woman, just above the replacement rate required for a population to avoid shrinking in the long term. Since then, the birth rate has regularly dropped: at 2.01 in 2022, 1.96 in 2023 and 1.91 in 2024.
Vietnam is not the only Asian country with low fertility. But, unlike Japan, South Korea or Singapore, it is always a development economy. Nguyen Thu Linh, 37, marketing director of the capital of Vietnam Hanoi, said that she and her husband decided to have only one child because they wanted to make sure that they could give their 6 -year -old son the best education and the education they could afford. “Sometimes I think of having another child so that my son can have a brother, but there is so much financial pressure and time if you have another child.”
Vietnam introduced rules preventing families from having more than two children in 1988, with the idea that women would spend less time for childcare services and more time working. The period of “golden population” of Vietnam – when working people are more numerous than those who depend on them – Began in 2007 and which should last until 2039. The number of people who can work should culminate in 2042 and, by 2054, the population can start to decrease. All of this could make economy growth more difficult, as there will be fewer workers while the cost of supporting the needs of the elderly increases.
(More Vietnam stories.)