As part of the national program on sustainable poverty reduction in 2021-2025, the Vietnamese Government is set to earmark VND75 trillion (US$3.2 billion) for this purpose.
For the past five years, Dung said the poverty rate declined sharply from 9.88% in 2015 to 2.75% in 2020, saying over eight million people escaped from the poor and near-poor status.
"Vietnam is the first and also among 30 countries adopting the multi-dimensional approach for assessing poverty, in line with sustainable development goals," he noted, saying the country has achieved the UN's millennial goals on poverty reduction ahead of schedule.
Giving the specific plan on poverty reduction in the next period, Dung noted the Government’s plans to address localities with a high poverty rate of over 40%, including the Muong Nhe District (Dien Bien Province) at 59.97%, Ky Son District (Nghe An Province) with 42.21%; and Dong Van District (Ha Giang Province) with 41.96%.
"Unsustainable poverty reduction in certain provinces are partly due to natural disasters and diseases, along with the lack of necessary skills of its population to compete in the labor market," Dung added.
Under the multi-dimensional poverty standards in 2022-2025, Vietnam is expected to have 4.47 million households, or 17.44 million people, having income under the poverty threshold by January 2022.
"Growing economic development leads to higher living standards, and therefore also raises the poverty standards, which require huge resources to fully resolve the issue," Dung added.
Among measures set up by the government, Dung said the focus would be to improve socio-economic infrastructures as a means to boost livelihood diversification for the poor.
According to Dung, the specific goals of the program is to reduce the national poverty rate by 1-1.5% per year; the rate of poor households in poor areas to decline by 4-5% per year; rate of poverty in ethnic groups to drop by 3% per year under the multi-dimensional poverty standards.
The government expects the rate of people in poor areas to have access to job training by 60%, and at least one member in the poor and near-poor households to have a sustainable job.
- Japan Doubles Pledge for Global Poverty Reduction to $5 Billion - IMF
- Interview: Afghanistan can learn from China's experience on poverty reduction: Afghan expert
- Interview: China's poverty reduction effort unprecedented in world history -- U.S. scholar
- German carmakers, unions urge more government help for electric shift
- Poverty poses a 'hundred problems'
- Teachers warn of growing poverty crisis in British schools
- Major UK companies press government for net zero emissions by 2050
- 2,153 billionaires richer than 4.6 billion people, says Oxfam study
- View: It's time to scrutinise the link between poverty and income inequality
- German Carmakers, Unions Urge More Government Help For Electric Shift
- Govt. looking at $26 billion turnover in defence production by 2025, says Rajnath Singh
- Showing the way on poverty
- Vietnam’s economic development to 2025: Two optimistic scenarios
- Nine-jobs George has no idea about the poverty many British workers face
- Trump signs budget deal and suspends debt ceiling until 2021
- More reasons why Nigeria will not move 100m out of poverty in 10 yrs
- UN forecast ‘slight recovery’ in Pakistan economy in 2021
- UPDATE 1-Kuwait deficit to widen with 2020-2021 budget on lower revenues
- Home Minister Amit Shah moots idea of multipurpose card, says 2021 census will be done digitally
- President Tran Dai Quang’s Bangladesh visit aims for 1 billion USD trade
Government to earmark over $3.2 billion for poverty reduction 2021-2025 have 592 words, post on dtinews.vn at July 24, 2021. This is cached page on Talk Vietnam. If you want remove this page, please contact us.