The industry's growth is being driven by four key factors: an ageing population, the rising prevalence of non-communicable diseases (NCDs), the continued expansion of the private healthcare sector, and the accelerated adoption of digital health technologies.
Official statistics show that the proportion of Malaysians aged 60 and above has almost doubled over the past 25 years, rising from 6.3% in 2000 to 12% in 2025. By 2050, one in every five Malaysians is expected to be a senior citizen.
Ho Chi Minh City is drafting a long-term plan to develop elderly care facilities through 2030 and beyond, based on a four-tier care ecosystem prioritising home- and community-based care, followed by support for independent living, specialised nursing and dementia care, and hospital-based treatment combined with workforce training.
Singaporean Deputy Prime Minister Gan Kim Yong said there are opportunities to raise productivity through technology and to grow higher value-added industries such as precision medicine and artificial intelligence (AI).
The plan is based on the Prime Minister’s Decision No. 383/QĐ-TTg, signed on February 21, 2025, approving the strategy. It aims to tap into the skills, knowledge and experience of older people in areas such as culture, family, sports, and tourism, while ensuring their needs and aspirations are respected.
Demand for “housing with care” – a range of residential formats (which often provide care services) for older people – is increasing, but the market remains almost untouched in Vietnam, according to property consultancy Savills Vietnam.
According to results of the latest census announced on June 16, Singapore’s population saw an annual growth of just 1.1 percent in the last decade, which is the slowest rate since independence in 1965.
Education, technology, freight forwarding, renewable energy, and healthcare companies are expected to maintain their growth, offering stock investment opportunities, a seminar heard in Ho Chi Minh City on April 24.
Twenty percent of Vietnam’s population will be 60 years of age or older within the next 20 years, resulting in the country experiencing an “elderly population crisis”.
A 10-year healthcare programme for the elderly will start in Vietnam next year as part of the Government’s response to the country’s fast-ageing population.
Vietnam needs to train more nurses starting now since it has been forecast that, with its ageing population, there will be a shortage of 40,000-50,000 of them by 2030.
Society should have a more positive look at ageing population, and work to turn its challenges into opportunities as well as enhance the understanding of momentum of an aging society, heard a forum in Hanoi on September 30.
The Government of Thailand will spend 37 billion baht (1.2 billion USD) financing its ambitious scientific research and innovation development scheme in the next eight years to increase the country’s competitiveness and better brace it for an ageing population and degraded environment.
Experts from PricewaterhouseCoopers (PwC) have suggested ways for ASEAN to get over the era of passive growth, lure more foreign direct investment, and develop human resources on the sidelines of the ongoing World Economic Forum on ASEAN (WEF ASEAN) 2018 in Hanoi.
A rapidly growing gap between rich and poor in many developing East Asian nations is threatening the foundation for the region's economic success, the World Bank said in a report released on December 4.
An ageing population is posing mounting challenges to providing care for elderly people in Vietnam. However, in a country where most families look after old parents in their own homes, the idea of a ‘nursing home’ or geriatric centre remains an alien concept.
There are now more than 10 million elderly people in Vietnam, of whom 2 million are over eighty years old. Vietnam has had an ageing population since 2011 with its ageing pace among the fastest in the
