Viet Nam targets to cut poverty rate to under 1% by 2025
VGP - Viet Nam targets to bring national poverty rate down to around 0.9 percent from the current 2.93 percent, according to the Ministry of Labor, Invalids and Social Affairs.
The country poverty rate decreased by 1-1.5 percent on average annually, and over 3 percent among ethic minority population, said Deputy Minister of Labor, Invalids and Social Affairs Le Van Thanh.
The poverty rate in poor districts and dipped by 5.62 percent to around 33 percent while the poverty rate among ethnic minority people fell by 3.2 percent to about 17.82 percent, Le added.
In a bid to sustain rapid reduction of poverty in all dimensions in Viet Nam, the Ministry of Labor, Invalids and Social Affairs in collaboration with the Committee for Ethnic Affairs (CEMA), the General Statistics Office (GSO), and the United Nations Development Program in Viet Nam (UNDP Viet Nam) developed a Viet Nam Multi-dimensional Poverty Report 2021.
The report provides a detailed analysis of productive employment, basic social services, and social protection for all as key pathways to sustaining Viet Nam multidimensional poverty reduction achievements.
The report proposes recommendations for sustaining rapid reduction of poverty in all dimensions and throughout Vietnam along three pathways: (i) promoting broad-based growth and inclusive development through productive employment, (ii) improving delivery of quality social services, and (iii) enhancing resilience through expansion of social protection, particularly the adoption of digital technology in registration and payment./.