The survey showed that the overall national poverty ratio was 7.52%, with 4.03% being poor households and 3.49% being near-poor families. The highest poverty ratio based on the multi-dimensional poverty standards was in the northern midland and mountainous region, at 21.92%, followed by the Central Highlands at 15.39%, the north-central and central coastal region at 10.04%, the Mekong Delta region at 5.73%, the Red River Delta region at 2.45%, and the southeast region, 0.34%. The northern midland and mountainous region led in both ratios of poor and near-poor households (14.23% and 7.69%, respectively), while the southeast region reported the lowest ratios at 0.21% and 0.13%, respectively. The data of the survey serve a foundation for the ministry to decide poverty reduction and social welfare policies as well as other socio-economic policies in 2023. Under a government decree on the new multi-dimensional poverty standards for the 2021-2025 period, the income-based poverty … [Read more...] about Over 1.9 million households still struggle with poverty: ministry
Breakthrough urban ministries jobs
Over 1.9 million households still struggle with poverty: Ministry
Illustrative image (Source: VNA) Hanoi (VNA) – There remained more than 1.97 million poor and near-poor households nationwide based on the multi-dimensional poverty standards , according to a survey conducted by the Ministry of Labour, Invalids and Social Affairs ( MoLISA ) in 2022. The survey showed that the overall national poverty ratio was 7.52%, with 4.03% being poor households and 3.49% being near-poor families. The highest poverty ratio based on the multi-dimensional poverty standards has been seen in the northern midland and mountainous region, at 21.92%; followed by the Central Highlands at 15.39%; the north-central and central coastal region at 10.04%; the Mekong Delta region at 5.73%; the Red River Delta region at 2.45%, and the southeast region, 0.34%. The northern midland and mountainous region led in both ratios of poor and near-poor households (14.23% and 7.69%, respectively), while the southeast region reported the lowest ratios at 0.21% and … [Read more...] about Over 1.9 million households still struggle with poverty: Ministry
Vietnam focuses on investment, consumption, export: regular Government press conference
Regular Cabinet press conference (Photo: VNA) Hanoi (VNA) – In February and following months, Vietnam will focus its resources on three growth drivers of investment, consumption and export, said Minister-Chairman of the Government Office Tran Van Son at the regular Cabinet press conference on February 2 following its monthly teleconference with localities. Son said that at this conference, all Government members agreed that in the coming time, there are more difficulties and challenges than opportunities and advantages. Therefore, Prime Minister Pham Minh Chinh asked ministries, sectors and localities to proactively address arising problems and step up three strategic breakthroughs namely institutions, infrastructure and human resources. He requested giving priority to maintaining macro-economic stability, controlling inflation, propelling growth and ensuring major balances of the economy. "It is necessary to ensure the balanced, rational and effectively … [Read more...] about Vietnam focuses on investment, consumption, export: regular Government press conference
FDI hoped to help realty market develop sustainably in long term
The real estate sector was at second position in FDI attraction in Vietnam last year. (Photo: baodautu.vn) Hanoi (VNA) – Vietnam’s real estate sector last year attracted an additional 1.85 billion USD in foreign direct investment (FDI), retaining its second place among industries drawing FDI with combined investment of 4.45 billion USD, accounting for 16.1% of the total FDI poured into the country, according to the Ministry of Construction. real estate enterprises, helping to promote the sustainable growth of the market in the long term. Phu My Hung Urban Area in Ho Chi Minh City. (Photo: VNA) According to the General Statistics Office, from the beginning of this year to January 20, 2023, the total registered FDI capital in Vietnam reached 1.69 billion USD. VNA … [Read more...] about FDI hoped to help realty market develop sustainably in long term
PM calls for fixing property market ills
The property market and corporate lending are key issues that need to be addressed, and the Cabinet has scheduled a meeting of ministers this month to resolve current issues, he told a meeting Thursday. The property market accounts for around 11% of GDP and has a close relationship with many industries that create a large number of jobs. But since last year it has been facing difficulties due to tightened credit, excessive supply and lack of transparency. Many projects have been suspended due to a cash shortage. Chinh warned the economy faces risks this year with exports seeming to slow down while the industrial production index in January declined by 8% year-on-year. It is difficult to attract foreign investment, while recovery programs have been delayed, he said. He called on the Ministry of Finance to quickly complete a bill that will amend regulation of bond issuances, both domestically and internationally. Work on large public projects needs to be accelerated to … [Read more...] about PM calls for fixing property market ills