Annual report on foreign investment for 2022 released in Vietnam

The 2022 annual report of foreign investment in Vietnam was announced at a ceremony in Hanoi on March 10.The report is authored by Prof., Dr. Nguyen Mai – President of Vietnam’s Association of Foreign-Invested Enterprises (VAFIE), with reference to documents of many prestigious international organisations ...

Over 1.9 million households still struggle with poverty: Ministry

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%, ...

Conference looks to improve ethnic minorities’ access to information

The Ministry of Information and Communications (MIC) on December 26 held a training conference on disseminating information on the national target programme on socio-economic development in mountainous and ethnic-inhabited areas in the 2021-2025 period.The programme’s objectives are to exploit potential and advantages of localities in ...

Workshop looks into socio-economic development in northern midland, mountainous regions

The State, Government, ministries, agencies and localities should further consolidate institutions and connectivity in the northern midland and mountainous regions in order to bring into full play their advantages geographical locations, heard a workshop on October 27.The event, named “Feasibility of Adopting Regional Socio-Economic Development ...

Efforts invested in poverty alleviation in ethnic minority communities in central region

Thanks to the support from the State and efforts made by local authorities, many poor households in the central region have gradually gotten out of poverty.Quang Nam province is home to more than 140,000 ethnic minority people, accounting for 9.4% of the total population, bigger ...

Northern midland, mountainous region heads to green, sustainable development

The gross regional domestic product (GRDP) of the Northern midland and mountainous region is expected to reach 8-9 percent per year while GRDP per capita will attain VND140 million (nearly US$6,000) in 2021-2030. This is part of the Government’s plan of action to implement the ...

Thuy Dung

Ten million more people benefit from new poverty reduction policies

With the new multi-dimensional poverty line approved last year, the near poor and poor household rate in Vietnam increases from 5.2% in 2020 to 9.35% this year, meaning an additional 10 million people to benefit from the Government’s social protection and poverty reduction policies and ...

Population aging, labour migration pose challenges to poverty reduction

Population aging, income disparities and living standards as well as labour migration pose great challenges to the poor and poverty reduction.Deputy Minister of Labour, Invalids and Social Affairs Lê Văn Thanh revealed problems in the implementation of the National Target Programme for Sustainable Poverty Reduction in the 2021-25 ...

Poverty and equity are now more than just reducing extreme poverty

The poverty and equity agenda is no longer only about raising minimum living standards and tackling chronic poverty – it is also about creating new, sustainable economic pathways for a more aspirational population. The statement was introduced by Judy Yang, World Bank senior economist and ...

Conference Discusses Implementation of Ethnic Socio-economic Development in Mekong Delta

A conference took place in the Mekong Delta province of Soc Trang on April 5, spotlighting the delta’s implementation of a national target program for socio-economic development in ethnic minority and mountainous areas for 2021-2025.At the conference, participants discussed the programme’s tasks, solutions, planning, and ...

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