
Smaller families still in favour
After the country removed its two-child limit, pharmacy worker Nguyen Thi Nguyet Nga says she still has no plans to have more kids, since she barely has time to see her daughters or the money to provide them a good life.
The country's communist government on Wednesday lifted a long-standing ban on families having more than two children, as it battles to reverse a declining birth rate and ease the burden of an ageing population.
But rising living costs and changing societal values mean the adjusted law may not bring the baby boom the government hopes for.
First introduced in 1988, the law has been loosely enforced in recent years, and despite its abolishment, 31-year-old Nga said she worries about the costs of having a third child.
It would mean seeing her two girls – aged seven and 12 – even less than she does or skimping on their education, she said.
'My parents-in-law really want us to have a boy... However, I will definitely not have more kids,' Nga said.
She earns around US$300 (RM1,268) a month working in a pharmacy in the main town of northern Tuyen Quang province, while her children live with their grandparents 40km away.
'I don't earn enough for the two girls to have a good life. I don't have a chance to live with them every day,' she said.
'Mostly we talk on video chat and only see them once or twice a month, so why would I have another child?'
Vietnam has experienced historically low birth rates in the last three years, with the total fertility rate dropping to 1.91 children per woman in 2024, below replacement level.
No preschool blues: A mother taking her child to kindergarten in Hanoi. — AFP
Although the trend is most pronounced in major cities, such as the capital Hanoi and Ho Chi Minh City, Nga says she and her friends in the countryside feel no more inclined to have larger families.
'It's better to have two grow up well than having three or four kids who don't have a good education or good life,' she said.
'Time for myself'
University student Nguyen Thi Kim Chi, 18, shared Nga's scepticism about having a big family, explaining that in an increasingly developed Vietnam, young people believed there are more options than devoting themselves entirely to raising children.
'My plan is to get married and have children once I have a stable career and financial security,' said Chi, who studies dance performance in Hanoi.
'I intend to have one or two kids because I want to balance work, childcare, and also have time to take care of myself.'
Like in many countries, the soaring cost of living has become a drag on birth rates in Vietnam.
Housing, utilities, healthcare and education costs are rising across the country, and those living in cities in particular say salaries no longer meet their needs.
Baby's day out: A grandmother taking her grandchild for a stroll on a street in Hanoi. — AFP
The United Nations Population Fund said it welcomed the country's policy shift but warned that it needed to invest in policies that help people balance family and professional life, including expanding access to quality childcare and promoting gender equality in the workplace.
Tran Thi Thu Trang, who had a third child unexpectedly and now has two boys and a girl under seven, admitted life got much more difficult after the birth of her youngest.
As an office worker in the port city of Haiphong, the 30-year-old is lucky to be able to afford a nanny.
'But salaries need to rise,' she said.
'We need help with kids' tuition fees and more support on healthcare.'
Following the removal of the two-child limit, 'I think it will take 5-10 years (for people to change their views)', she added.
'But only if the government makes this a priority.' — AFP

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
43 minutes ago
- The Star
South Korea ramps up Vietnam investments on stronger ties
SEOUL: South Korean and Vietnamese business and government leaders vow to bolster cooperation in high-tech sectors, supply chains and energy, as both countries look to navigate mounting geopolitical tensions and protectionist trade policies. The commitment was made during the South Korea-Vietnam Business Forum held on Tuesday at Lotte Hotel in Seoul, hosted by the Korea Chamber of Commerce and Industry (KCCI) together with South Korea's Trade Ministry, the Vietnamese Embassy and Vietnam's Finance Ministry. It was organised to mark General Secretary of the Communist Party of Vietnam To Lam's visit to South Korea, the first time Vietnam's top leader had traveled here in 11 years. 'The domestic and global environment facing both countries today is not easy,' Chey Tae-won, chair of KCCI and SK Group, said in his opening remarks at the forum. 'The spread of protectionism, such as the United States imposing reciprocal tariffs, and rising geopolitical conflicts have increased uncertainty in the global economy, while existing growth models are reaching their limits.' Chey stressed that such crises 'cannot be overcome by the strength of one country alone', calling for 'solidarity and cooperation with trustworthy partners to make a breakthrough'. 'The two countries are optimal partners in times of crisis,' he said, highlighting digital and high-tech industries, supply chains and energy as four key areas where the two countries can cooperate. In response, Vietnam Finance Minister Nguyen Van Thang said Vietnam and South Korea are nations with 'similar cultures and strategic partners that are key components of regional and global value chains'. 'The Vietnamese government welcomes South Korean companies to expand not only in Vietnam, but also into third markets with us, and we are ready to engage in mutually beneficial cooperation, pledging support for large-scale joint projects. South Korean Prime Minister Kim Min-seok attended the forum, as well as about 300 corporate leaders, including Samsung Electronics president Park Seung-hee, SK Innovation chief executive officer (CEO) Choo Hyeong-wook, LG CNS president Hyun Shin-gyoon and Lotte Shopping CEO Chung Joon-ho. Some 200 Vietnamese officials and business leaders were also present, including Lam, Foreign Minister Bui Thanh Son, Petrovietnam chair Le Manh Hung, Viettel chair and CEO Tao Duc Thang and Military Bank chair Luu Trung Thai, among others. The forum concluded with the signing of 52 memoranda of understanding between companies and institutions from both countries, including SK Innovation, Hyosung Heavy Industries, KT, Kepco KDN and the South Korea Tourism Organisation, pledging stronger collaboration across a wide range of industries, from energy, to shipbuilding, aviation, artificial intelligence advanced materials and drones. Trade between the two countries has expanded from US$500mil when diplomatic ties were established in 1992 to US$86.7bil in 2024. At a summit held on Monday, the leaders of South Korea and Vietnam agreed to reach US$150bil by 2030. Vietnam is now the third-largest trading partner of South Korea after China and the United States, while South Korea maintains its No. 3 position with Vietnam. Seoul is also the largest foreign investor in Vietnam, with cumulative investment totaling US$92.5bil and about 10,000 South Korean companies operating in the country. On Monday, South Korean President Lee Jae Myung hosted a state dinner to welcome Lam, reiterating expanded cooperation in high-tech energy and infrastructure projects between the two countries. More than 120 senior officials and executives from major South Korean conglomerates with significant operations in Vietnam attended the dinner at Cheong Wa Dae, which was previously the presidential residence. — The Korea Herald/ANN


The Star
an hour ago
- The Star
There may be a hefty price for hurting small businesses
THE economic policies passed in the first six months of President Donald Trump's term may yet bring a Golden Age, but so far they haven't for small farms and businesses. According to an estimate by the right-leaning US Chamber of Commerce, Trump's levies mean that small businesses will have to pay an extra US$202bil a year on tariffs, which works out to about US$856,000 per company on average. Small-business optimism soared on Trump's victory and plunged when he announced tariffs; the right-leaning IB Small Business Optimism Index has recovered somewhat since 'Liberation Day' but has yet to reach the heights of Trump's first term in office, and response rates to the survey have fallen, suggesting some business owners may be too busy struggling to remain solvent to complete surveys. The Purdue University-CME Group Ag Economy Barometer index has declined for two months in a row. Compared with large companies, smaller enterprises are struggling to wait out the vicissitudes of Trump's on-again, off-again tariffs. Democratic Kentucky governor Andy Beshear told this writer recently that he is already seeing the impact across his state on small businesses, small farms and consumers alike. 'We're all paying a hidden tax in the form of widespread tariffs,' he said. 'Look, it's not just me saying this. If Andy Beshear, (former Grand Old Party (GOP) Senate minority leader) Mitch McConnell and (GOP senator) Rand Paul are all saying this is a bad idea, it's because it's a really bad idea.' Companies with fewer than 500 employees contribute 43.5% of the nation's gross domestic product. Small family farms still constitute 86% of all farms, according to federal data. But they lack the leverage and resources of larger enterprises and can find themselves at the mercy of forces over which they have little influence. 'They're what economists call 'price-takers,'' Louis Johnston, an economist and professor at St John's University in Minnesota told me. 'It means you accept the world as it is. You don't have enough power to affect prices and you don't have much wiggle room on wages. You're stuck.' Big businesses, he said, are price-makers. 'They can eat some costs, pass some to consumers, reduce stockholder dividends or shave a bit off wages,' he said. 'If you're small, all you can do is take the hit.' Investors agree, and publicly traded small companies have seen their stocks become less attractive since Trump unveiled his tariff agenda on 'Liberation Day' in April. Many companies are finding themselves in the uncomfortable position of absorbing the increased costs of tariffs, according to Scott Lincicome, director of general economics and trade studies at the Cato Institute. That's not sustainable, especially for smaller businesses, and Lincicome is projecting higher consumer prices this fall. Even before its most recent estimate of tariff costs, the Chamber of Commerce had rung the alarm in a letter to Treasury secretary Scott Bessent that warned 'small businesses could suffer irreparable harm' from tariffs. 'The Chamber is hearing from small-business owners every day who are seeing their ability to survive endangered by the recent increase in tariff rates.' The GOP tax bill does grant some benefits to small businesses, such as a permanent extension on deductions. Doug Loon, president of the Minnesota Chamber of Commerce said those benefits may become a lifeline. 'It would have put a lot of small businesses out of business if those provisions had not happened,' he said. Loon, a longtime Republican, remembers when his party saw free enterprise as an article of faith. He also recalls that the free-trade era carried its own challenges, particularly for smaller businesses that 'didn't always get a fair shake.' Loon believes that targeted tariffs, skillfully applied, 'can be incredibly beneficial.' Trump's broad-based approach 'has created great uncertainty among our businesses. And that is where disparities can occur.' Trump portrays tariffs as free money paid by countries that have 'ripped off' America. His new levies have already begun sending billions to the US Treasury. But the reality is that tariffs are a hidden tax mostly borne by US companies and consumers. According to Goldman Sachs data, US consumers have paid 22% of the cost of Trump's tariffs. Only 14% of the cost has been borne by foreign exporters. The other 64%? Eaten by American businesses. Trump has reset the table on trade. Unfortunately, in his hands, tariffs are a blunt instrument used to punish enemies, reward friends and bully other nations. He substitutes threats and intimidation for negotiations and diplomacy. The deals, such as they are, remain vague, with details often disputed by trading partners. It was just seven months ago that the International Monetary Fund (IMF) declared the United States economy would continue to lead the world in 2025. IMF officials said the US was growing at a faster clip than its economic competitors, with more productive workers and a more welcoming business environment, leaving Trump and the GOP well positioned to capitalise politically on those economic gains. Now, several key economic indicators are pointing in the wrong direction – a scenario largely of Trump's own making. Businesses are struggling to adapt to his ever-shifting landscape of tariffs. Farmers are getting clobbered by higher inputs and they've lost markets thanks to an administration that ended foreign food aid and cut nutrition programmes. Meanwhile, the president brags about the revenue tariffs are bringing, as if everyone didn't already know who is really footing the bill. — Bloomberg Patricia Lopez is a Bloomberg Opinion columnist covering politics and policy. The views expressed here are the writer's own.


Free Malaysia Today
6 hours ago
- Free Malaysia Today
‘Mission impossible' for B40 East Malaysian students to enter top varsities, says MP
Bayan Baru MP Sim Tze Tzin said the government should treat STPM students more fairly in university admissions. KUALA LUMPUR : East Malaysian students from B40 families face an uphill battle to get into top university courses, a government MP said today. Sim Tze Tzin (PH-Bayan Baru) highlighted the big gap between the two main pre-university paths in Malaysia – Sijil Tinggi Persekolahan Malaysia (STPM) and the matriculation programme. 'If the students choose STPM, it is 'mission impossible' to get into a good university. 'This is because they basically have less than 3% chance to get into medicine, pharmacy or dentistry,' he said when debating the 13th Malaysia Plan in the Dewan Rakyat. Sim cited data showing very few STPM students from Sabah and Sarawak being admitted into medicine, pharmacy, dentistry, and law courses. In 2023, only 2.39% of medical students admitted came from STPM, with most coming from matriculation. He said nearly 72% of STPM students were from B40 families. 'We want social mobility. But they are stuck in STPM. They can't move. This is an issue of justice because B40 students from Sabah and Sarawak are dependent on STPM to achieve social mobilisation and higher education,' he said. Sim also pointed out that matriculation took nine months to complete while STPM required 18 months, giving matriculation students a quicker path to university. He urged the government to treat STPM students more fairly in university admissions. 'STPM is now the second or last choice for our children. It should be given a higher weightage for entrance into university,' he said. He also called for the creation of a task force to 'save STPM' and ensure a fairer system for all students. Last month, education minister Fadhlina Sidek dismissed calls to abolish the matriculation programme. She denied claims that it was inferior to the STPM examination and said matriculation remained a recognised pre-university pathway accepted by both local and international universities.