Viet Nam

Basic country data

  • Population 60 and over (2018)
  • 11,160,740
  • % of total
  • 11.6%
  • Population 60 and over (2050)
  • 32,428,556
  • % of total
  • 33.6%
  • Type of contributory pension
  • Social insurance
  • Does the country have a social pension?
  • Yes
  • Region
  • East Asia & Pacific
  • Income group
  • Lower middle income

Data on social pensions

Viet Nam has 2 pension schemes.

Social assistance benefit (category 1)

Basic scheme information

Data on social pensions

Viet Nam has 2 pension schemes.

  • Name of pension or programme
  • Social assistance benefit (category 1)
  • Year first social pension introduced
  • 2004
  • Legislative Underpinning
  • Law on the Elderly, 2009

2012

Social protection for older persons: Social pensions in Asia

Eligibility criteria

2016

HelpAge correspondence

Adequacy

  • Monthly benefit (local currency)
  • 270,000 Dong
  • US$
  • 12
  • % of GDP per capita
  • 6.6%
  • $ PPP
  • 35.2
  • % of $1.90 poverty line (PPP)
  • 61%
  • Local amount detailed/other benefits
  • Minimum. In some provinces, cities, pension level can be higher, depending on local financial capacity
  • References and notes

2014

HelpAge correspondence

Coverage

  • Number of recipients
  • 1,350,226
  • Coverage of population over the age of eligibility
  • 70.2%
  • Coverage of population 60+
  • 14.7%
  • References and notes

2016

HelpAge Calculation

Cost

  • Total cost (local currency)
  • 4,374,732,240,000 Dong
  • Cost as % of GDP
  • 0.1%
  • References and notes

Social assistance benefit (category 2)

Basic scheme information

Data on social pensions

Viet Nam has 2 pension schemes.

  • Name of pension or programme
  • Social assistance benefit (category 2)
  • Year first social pension introduced
  • 2004
  • Administrative Organisation
  • Ministry of Labour, Invalids and Social Affairs (MoLISA)
  • Legislative Underpinning
  • Decree 67/2007; Decree 13/2010

2012

Social protection for older persons: Social pensions in Asia

Eligibility criteria

  • Age of eligibility
  • 60
  • Targeting approach
  • Means-tested
  • Detailed eligibility criteria
  • Living alone in poor households, living with other older people or unhealthy spouses, without relatives to support them, living in poor households.
  • References and notes

2016

HelpAge correspondence

Adequacy

  • Monthly benefit (local currency)
  • 270,000 Dong
  • US$
  • 12
  • % of GDP per capita
  • 6.6%
  • $ PPP
  • 35.2
  • % of $1.90 poverty line (PPP)
  • 61%
  • Local amount detailed/other benefits
  • Minimum pension level. In some provinces, cities, pension level can be higher, depending on local financial capacity
  • References and notes

2014

HelpAge correspondence

Coverage

  • Number of recipients
  • 207,421
  • Coverage of population over the age of eligibility
  • 2.3%
  • Coverage of population 60+
  • 2.3%
  • References and notes

2016

HelpAge correspondence

Cost

  • Total cost (local currency)
  • 672,044,040,000 Dong
  • Cost as % of GDP
  • 0.0%
  • References and notes

Resources on the pension in Viet Nam

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  • Last

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