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196
EU Folds - Agrees 15% Tariff
It's not that simple because there is something called the law of supply and demand. If demand for the cheaper products increase, their price may increase, in particular if production cannot significantly be increased on short term. Probably not as much as 15%, but it's a good opportunity to increase margins. -
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Report Vietnam Proposes New Measures to Encourage Childbirth
Photo courtesy of VN Express Vietnam’s Ministry of Health has put forward a bold plan aimed at reversing the nation’s declining birth rate by offering financial incentives to women who have two children before turning 35. This initiative is part of a broader draft Population Law designed to tackle Vietnam's demographic challenges, including historically low fertility rates and a growing gender imbalance. In recent years, Vietnam's fertility rate has dropped to an unprecedented low of 1.91 children per woman, with projections suggesting further declines. If unaddressed, these trends could see Vietnam losing its workforce advantages by 2039, peaking in working-age population by 2042, and potentially shrinking after 2054. The gender imbalance is equally concerning, with last year witnessing a ratio of 111.4 boys for every 100 girls. Left unchecked, this could lead to a surplus of 1.5 million marriage-age men by 2034, climbing to 2.5 million by 2059. Such a disparity could foster social issues, as warned by the ministry. To combat these challenges, the ministry proposes measures costing approximately VND5.365 trillion (about 260 billion Thai Baht). Highlights of the plan include: An additional month of maternity leave on top of the current six months. Five extra days off for fathers when their wives give birth, enhancing paternity leave from the current range of five to 14 days. Financial or in-kind support for women who bear two children or have them before 35. Meal subsidies for preschool children and free or reduced-cost prenatal check-ups. Specifically, VND650 billion (about 32 billion Thai Baht) is earmarked for women meeting the two-child criteria before 35. Moreover, VND1.312 trillion (about 64 billion Thai Baht) would be needed to extend maternity leave for second births. There are also plans to provide VND151.8 billion (about 7.5 billion Thai Baht) to support families with two daughters to tackle the gender imbalance. According to the ministry, these initiatives aim to give women more time with their children, encourage fathers to participate more in childcare, and alleviate financial pressures associated with having children. Vietnam is not alone in this demographic struggle. Countries like China, South Korea, and Japan face similar issues and have introduced policies to encourage higher birth rates, albeit with limited success. Mai Xuan Phuong, a former deputy director at the Ministry of Health, stresses the need for practical support and societal attitude shifts towards parenting responsibilities. Financial incentives such as childbirth allowances, tax reductions, and housing assistance for families with children are vital, according to Phuong. Equally crucial is changing public perceptions about parenting being a shared responsibility, rather than just a mother's duty. Phuong advocates for integrating sex education and parenting skills into high school curricula, helping young people appreciate the value and responsibility of family life and child-rearing. Vietnam's proposed approach aims to provide both the policy support and cultural shift necessary to address its demographic challenges effectively. Whether these measures will succeed remains to be seen, as the country navigates this complex social issue. Adapted by ASEAN Now from VN Express 2025-07-29 -
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Middle East Israeli forces kill 63 Palestinians in Gaza within hours of ‘humanitarian pause’
Its currently perpetual war now anyway , but there will be much less hostility and wars once the Palestinians have all gone and been forgotten about -
397
Anybody planning to go back to the US?
Not a squid, Army. Older brother's number was up, so enlisted in Air Force. Needed someone to pay for Uni anyway. Beats being drafted for the meat grinder. -
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Why are there 10,000 topics about Trump?
Some junkies just can’t kick the habit, they have a hard enough time keeping control of their tirade convulsions.
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