14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Government-backed waste management startups to be launched

By 2030, each province will have at least five models of senior-led waste collection and sorting.

At least 1,260 senior citizens in Vietnam will receive support to launch businesses focused on waste collection and sorting at the source, creating employment opportunities for 100,000 people through these start-up initiatives.

By 2038, Vietnam's population aged 60 and over will exceed 21 million, accounting for 20% of the national total. Photo: United Nations 

It is part of a project signed by Deputy Prime Minister Le Thanh Long to increase the involvement of older people in digital transformation, green initiatives, and entrepreneurship while raising social awareness of their contributions.

The project's goal is to have at least five models of senior-led waste collection and sorting in each province by 2030, along with three models of organic agriculture and circular economy practices.

It also aims for 90% of older people to be educated about digital and green transformation, and for 50% to be proficient in basic digital skills, including online public services, e-commerce, online payments, and cybersecurity.

The elderly, defined as those 60 years and older, will receive resources to maintain and expand appropriate business models or create new ones.

To achieve these goals, the deputy prime minister has called for devising pilot programs to empower the elderly in business, social management, and social development, while facilitating their involvement in green transformation efforts to protect the environment and promote sustainable practices.

The Ministry of Natural Resources and Environment has been tasked with leading efforts to promote greater involvement of older people in green transformation and the circular economy.

The Ministry of Information and Communications and the Ministry of Science and Technology will handle the digital transformation and entrepreneurship aspects, respectively. Meanwhile, the Vietnam Association of the Elderly will prepare a budget for these initiatives and seek support from social resources and international organizations.

As Vietnam faces the challenges of an aging population and potential labor shortages, the country is seeking solutions to extend the working lives of older people to contribute to sustainable socio-economic development.

The General Statistics Office predicted that by 2038, Vietnam's population aged 60 and over will exceed 21 million, accounting for 20% of the total population. This number is expected to rise to 27 million or 25% by 2050.

Reactions:
Share:
Trending
Most Viewed
Related news
Hanoi, FPT break ground on digital technology park to drive innovation-led growth

Hanoi, FPT break ground on digital technology park to drive innovation-led growth

Hanoi has moved to accelerate its transition toward a knowledge-based economy by launching a large digital technology park designed to support innovation, attract talent and promote sustainable development.

Profitable Japanese firms in Vietnam hit record high since 2009

Profitable Japanese firms in Vietnam hit record high since 2009

Vietnam is designing competitive and forward-looking policies to help FDI enterprises operate smoothly and succeed in the country.

Online retail sales in Vietnam top US$16 billion

Online retail sales in Vietnam top US$16 billion

Vietnamese consumers purchased more than 3.6 billion products on Shopee, Lazada, Tiki and TikTok Shop in 2025, up more than 15% on year.

Dutch chip giant ASML eyes Vietnam expansion as semiconductor ambitions accelerate

Dutch chip giant ASML eyes Vietnam expansion as semiconductor ambitions accelerate

Vietnam’s plan to build a high-value semiconductor ecosystem is drawing attention from Dutch giant ASML, one of the world’s most critical chip equipment suppliers, signaling rising confidence in the country’s technology-led growth strategy.

Capital calls on enterprises to lead innovation push for double-digit growth

Capital calls on enterprises to lead innovation push for double-digit growth

Hanoi leaders are urging enterprises to accelerate innovation, digital transformation, and green growth as the capital targets GRDP growth of at least 11% in 2026, laying the foundation for sustained double-digit expansion through 2030.

Vietnam tipped as Asia’s growth champion in 2025: HSBC

Vietnam tipped as Asia’s growth champion in 2025: HSBC

For 2026, HSBC forecasts Vietnam’s GDP growth at 6.7%, supported by faster public investment and the resilience of exports.

Hanoi ramps up essential goods reserves to stabilize prices for Tet 2026

Hanoi ramps up essential goods reserves to stabilize prices for Tet 2026

Demand for essential goods in Hanoi is expected to rise sharply ahead of the 2026 Lunar New Year, prompting authorities to require higher inventories, strengthen supply linkages and tighten oversight to prevent shortages and price spikes during the holiday period.

FPT opens Israel office, deepening global technology expansion and strategic innovation ties

FPT opens Israel office, deepening global technology expansion and strategic innovation ties

FPT Group continues its international expansion with a new office in Tel Aviv, targeting collaboration in artificial intelligence, cybersecurity and semiconductors.