Vietnam Introduces New Baby Bonuses To Boost Birth Rate
Vietnam has introduced new incentives to encourage people to have more children, including extended maternity leave and cash bonuses, after ending its long-standing two-child policy. The government hopes to reverse declining birth rates and address the challenges of an aging population. However, many Vietnamese say the financial support is too limited to offset the high costs of raising children, while others prioritize career goals over starting a family. Experts warn that without stronger measures, Vietnam could face labor shortages and slower economic growth as its population ages.
