Vietnam sets target for sustainable poverty alleviation

Vietnam aims to reduce the rate of poor households by 1-1.5 percent each year under the updated standards of poverty between 2016 and 2020, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).

The updated standards of poverty, currently under development and will take effect from 2016, extend beyond the use of income as the only determination of poverty to include the minimum living standard and the access to basic social needs.

MOLISA Minister Pham Thi Hai Chuyen said the ministry will focus on developing new poverty criteria on a multi-dimensional approach while advising the government in revising its poverty reduction mechanism and policies to limit investment dispersal and ensure priority is given to mountainous and ethnic minority areas.

According to Direction No 23/CT-TTg issued on August 5, 2014 by the Prime Minister, only two national target programmes will be implemented between 2016 and 2020: the Sustainable Poverty Alleviation Target Programme and the New-style Rural Building Target Programme.

Under this guidance, the MoLISA proposed a National Target Programme Framework for Sustainable Poverty Alleviation which closely follows the Public Investment Law and the Government’s Resolution No 80/NQ-CP on the direction of sustainable poverty alleviation from 2011 to 2020.

Besides the target in poverty rate reduction, the programme framework also looks to enhance access to basic social services, improve infrastructure, and double the income of households rated as poor compared to the 2015 level.

In 2014 alone, a total of 34.7 trillion VND (1.65 billion USD) was allocated for poverty alleviation efforts, 30.8 trillion VND of which came from the State budget and the remaining 3.8 trillion VND from other sources.

The rate of poor households dropped from 14.2 percent in 2010 to 2 percent in 2014 thanks to national poverty alleviation efforts.

The rate of disadvantaged households in impoverished districts was also reduced from 50.97 percent in 2011 to 33.20 percent in 2014, an average decrease of 5 percent per year.-VNA
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All comments [ 10 ]

Phạm Hiếu 4/3/15 20:43

The poverty headcount in Vietnam fell from nearly 60 percent to 20.7 percent in the past 20 years.

Lê Tín 4/3/15 20:44

According to World Bank 30 million people in Vietnam were lifted out of poverty in the past two decades

Quốc Kiên 4/3/15 20:46

Now the productivity has been raised, thanks to new varieties and state-funded canals

Quốc Cường 4/3/15 20:47

the Government of Viet Nam in 2011 issued the Resolution 80/NQ-CP, providing new directions for sustainable poverty reduction for 2011-2020, aiming at accelerating poverty reduction in the poorest districts, communes and villages of the country, by setting poverty reduction target of 4% per annum

Huy Lâm 4/3/15 20:54

The poverty headcount in Vietnam fell from nearly 60 percent in the early 1990s to 20.7 percent in 2010,

Hùng Quân 4/3/15 21:06

The country has also made remarkable progress in education

Vân Nhàn 4/3/15 21:08

These achievements are very impressive

Quân Hoàng 4/3/15 21:10

Rapid economic transformation and growth have meanwhile contributed to rising inequality in income and opportunities

Huy Quốc 4/3/15 21:13

In the coming years, poverty reduction in Vietnam will be more challenging, requiring more efforts from the government, the society, and the poor themselves

Hoàng Lân 4/3/15 21:15

Growth has been the main driver of poverty reduction and Vietnam needs to take measures to promote macroeconomic stability, reduce inflation, and ensure growth is sustainable in the future.

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