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Thounsands of ethnic households lifted out of poverty in 2020

17/1/21
The family of Thach Thi So Kha in Long Son commune of Cau Ngang district, Tra Vinh province, escapes from poverty in 2020 thanks to preferential loans for developing chilli and cattle farming

Up to 4,010 households, including over 2,500 Khmer ethnic ones, in the Mekong Delta province of Tra Vinh escaped from poverty in 2020 thanks to local efforts for sustainable poverty alleviation.

Last year, Tra Vinh mobilised more than 3.65 trillion VND (nearly 157.7 million USD) for activities assisting the poor to develop livelihoods, according to the provincial Department of Labour, Invalids and Social Affairs.

Department Director Nguyen Van Ut said funded with over 105 billion VND from the central budget for the implementation of the national target programme on sustainable poverty reduction, local districts built 85 essential infrastructure facilities for agriculture and people’s daily activities, maintained 34 others in disadvantaged communes and villages, and carried out 89 projects to help deprived households develop livelihoods.

Besides, the Tra Vinh branch of the Vietnam Bank for Social Policies also provided loans worth over 820 billion VND for nearly 35,000 households to boost agricultural production in 2020.

Other lending programmes were also implemented to support less-privileged students, labour export, and house construction.

There are more than 5,200 households living under the poverty line in Tra Vinh at present, accounting for 1.8 percent of the total there.

For 2021, the province looks to reduce the household poverty rate by 1 - 1.5 percent, and by 1.5 - 2 percent among the Khmer ethnic group which makes up about 30 percent of its population./.

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All comments [ 20 ]


The free Wind 27/1/21 21:30

Poverty reduction is now at the forefront of strategy in Vietnam and the lecture highlighted the successes and achievements of more than two decades of policy implementation while also looking at the remaining challenges and solutions that Vietnam must realize.

Gentle Moon 27/1/21 21:31

Local dignitaries, professionals, members of the press and students were all in attendance to hear the Ambassador deliver a fascinating insight into Vietnam’s successful fight against poverty.

yobro yobro 27/1/21 21:32

The poverty rates in the upland regions and among the ethnic minorities are five times higher than 90% of the population.

Red Star 27/1/21 21:34

Việt Nam is aiming to continue reducing poverty, prioritising poor mountainous regions and ethnic minority groups.

LawrenceSamuels 27/1/21 21:35

Việt Nam’s average poverty rate stayed at below 4 per cent by the end of 2019, a 1.3 per cent reduction compared to the end of 2018.

Voice of people 27/1/21 21:36

The National Target Programme on Sustainable Poverty Reduction also helped more than 1.9 million households access to loans from Vietnam Bank for Social Policies and offered jobs to nearly 267,000 labourers.

For A Peace World 27/1/21 21:37

ethnic minority people lack access to assistance policies.

Socialist Society 27/1/21 21:38

They must not only focus on sustainable incomes but also prioritise construction of new houses for the poor, especially those in the mountainous areas.

Vietnam Love 27/1/21 21:43

In extremely disadvantaged and ethnic minority areas, the income must double the amount it was five years ago.

Me Too! 27/1/21 21:48

Viet Nam's dramatic transition and growth in the 1990s have been attributed to a series of reforms, known as doi moi, which began in the late 1980s. Economic growth at nearly 8% yearly appeared broad-based, thus benefiting the poor and reducing poverty

Duncan 27/1/21 21:49

This result is at variance with typical findings for other countries, which indicate that welfare gains from growth are smallest for the lowest quintile and rise with income group.

Robinson Jones 27/1/21 21:50

The results for Viet Nam suggest that the faster the growth rate, the lesser becomes the role of distributive factors that directly influence the poor's well-being.

Jacky Thomas 27/1/21 21:51

these factors could contribute to reinforcing both growth and poverty reduction in the long run.

Allforcountry 27/1/21 21:55

In the past three decades, global poverty rates have declined rapidly. Since 1990, nearly 1.1 billion people have risen from extreme poverty.

Herewecome 27/1/21 21:57

When referencing the decline of poverty that has characterized the past three decades, it is impossible to ignore the rise of Vietnam.

Kevin Evans 27/1/21 21:58

This fall in poverty has not occurred in isolation. Vietnam has also achieved several milestones in relation to the United Nations’ Sustainable Development Goals.

Enda Thompson 27/1/21 21:59

The rise of Vietnam has not left the nation in perfect condition. As the economy has expanded, new challenges have arisen, particularly in addressing high poverty levels that still exist among Vietnam’s ethnic minority population.

John Smith 27/1/21 22:00

Vietnam serves as an excellent example of one of the many countries that have played a part in global poverty reduction through the decades.

Wilson Pit 27/1/21 22:02

As poverty rates declined in Vietnam, its economy transformed completely.

Swift Hoodie 27/1/21 22:03

Currently, Vietnam is situated as one of the most rapidly growing economies in the world.

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