Elderly people can borrow capital to create jobs from January 1, 2026

Như Hạ (T/H) |

The content of supporting the elderly in job creation is one of the new contents in the 2025 Employment Law.

This is one of the new contents in the 2025 Employment Law, No. 74/2025/QH15, passed by the National Assembly on June 16, 2025.

Accordingly, Article 13 of the 2025 Law on Employment stipulates the policy of job support for elderly workers as follows:

- Elderly people are allowed to borrow capital to support job creation, maintenance and expansion according to the provisions of the 2025 Employment Law.

- Receive support for training, fostering to improve vocational skills, supporting participation in assessment, and issuing national vocational skills certificates according to the provisions of the 2025 Employment Law.

- Based on the socio-economic conditions of each period and the ability to balance the budget, the State has policies to support job creation, retraining, and vocational training for workers to adapt to population aging.

Clause 3, Article 22 of the 2025 Law on Employment also lists the elderly as one of the subjects supported by the State when participating in vocational training and skills assessment.

Before January 1, 2026, the 2013 Law on Employment (No. 38/2013/QH13) did not have specific regulations related to employees who are elderly in borrowing capital to create jobs or receiving support for training and vocational skills assessment.

Accordingly, all contents on supporting the elderly in job creation, training, and certification have just been added in the 2025 Employment Law.

Như Hạ (T/H)
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