retirement

Update news retirement

Pensions too low, hundreds of thousands of retired workers struggle

About 400,000 people who retired before 1993 are paid pensions that are far below the regional minimum wage. Most of them struggle with their lives, especially if they are very old and have many diseases.

US veteran finds healthy way of life volunteering in VN

In his retirement, 71-year-old Michael Gormalley enjoys living and volunteering in Vietnam for five or six months and then returning to his home in Florida for the remainder of the year.

Vietnam among top 10 countries for retirement

Vietnam has been named on a list of the world’s best ten countries for retirement in 2020 by International Living.

National Assembly to hold secret ballot to relieve Minister of Health

Nguyen Thi Kim Tien will be relieved of her post as minister of health through a National Assembly secret ballot on November 22. Even though Tien’s term of office has yet to end, she has reached her retirement age.

Peerless Bolt powers to 200m gold

 The incomparable Usain Bolt powered his way around the Rio track to win the Olympic 200 meters gold for the third straight Games in 19.78 seconds on Thursday and remain on course for an extraordinary "triple-triple" of sprint titles.

Elderly give back but not all are cared for

VietNamNet Bridge – As Viet Nam's elderly phase into retirement, they aren't standing still – many donate their time to rehabilitate addicts or give health check ups. Others stay fit and social. But is society giving them the assistance they need? 

Lump-sum pensions for review

 VietNamNet Bridge – Deputy Minister of Labour, Invalids and Social Affairs Pham Minh Huan said workers should reconsider demands for a one-time pension payment since a monthly pension plan may actually benefit them more,

National striker Thang retires

 VietNamNet Bridge – National team striker Nguyen Viet Thang announced his retirement from football after failing to find a club for the coming season.

Chairs of biggest state-owned groups to be replaced

 VietNamNet Bridge - A number of key leaders of state-owned enterprises will retire this year, according to Deputy Minister of Industry and Trade Do Thang Hai. The appointment of new chairs will be decided by Prime Minister Nguyen Tan Dung.

“Golden Boy” of Vietnam football announces retirement

 VietNamNet Bridge – Pham Van Quyen, who used to be the top player in Vietnam, has unexpectedly announced his retirement at the age of 30.

Yes, you can retire before your 40th birthday

 What if you didn’t have to wait until you were in your mid-sixties to retire? What about 50, or even just as you hit your 40th birthday? Don’t laugh — with enough dedication, you could say goodbye to your full-time job years sooner than you think.

Australian researchers to debunk superannuation spending myths

Researchers from the Commonwealth of Scientific and Industrial Research Organization and Monash University in Melbourne are putting the spending habits of retirees under the microscope in an effort to understand the finer details behind

Retirement brings bliss, but also hardships

 VietNamNet Bridge – Every day, Nguyen Van Chuc puts on his sports attire and leaves his house at 4pm. He walks for about 10 minutes to reach a park, where he and his friends play badminton until 6pm.

Retirement homes catch on among elderly

 VietNamNet Bridge – Social welfare is becoming a more pressing issue in Viet Nam as the years go by, including the establishment of nursing centres for the elderly.

Track-and-field Queen Truong Thanh Hang may have to retire

 VietNamNet Bridge - This is not good news for Vietnam, but after nine months of struggling with injuries, the chance to be back to the race track is very far for runner Truong Thanh Hang.

Social insurance fund in deficit

"If wages continue to rise, it is forecast that by 2023, with about 10 million pensioners, the social insurance fund will have only enough money to pay retirement pension, not enough for investment," warned a senior official.

Chairman of Tra Vinh Province wants to retire

VietNamNet Bridge - This decision was made after Ms. Tran Hong Ly, who is said to have an "intimate relationship" with Chairman Tran Khieu, was expelled from the Party.

SOCIETY IN BRIEF 29/3

Germany, Australia support climate change; Public administrative reform impact to be gauged; Demographic challenges to Vietnam; Vietnam strengthens int’l cooperation in demining

General Nguyen Van Huong retires

VietNamNet Bridge - Lieutenant General Nguyen Van Huong, former Deputy Minister of Public Security, Advisor to the Prime Minister on security and religion, retired on March 1.