Vietnam Bets on Baby Bonuses to Get Rich Before It Grows Old Vietnam's new population law, which came into effect on July 1, is a significant departure from its long standing two child policy.
The country has scrapped this policy amidst concerns about an aging population and plummeting fertility rates. The government aims to raise the current record low fertility rate of 1.
91 births per woman in 2024 to replacement level by 2030.