Tag: poverty

Prime Minister Pham Minh Chinh has said that, over the past year, the government and localities have spent more than VND86 trillion ($3.54 billion) on supporting over 56 million people facing difficulties due to the pandemic and also over 730,000 employers. But in order for the poor to sustainably escape from poverty, it is necessary to create appropriate mechanisms and policies and to secure the active participation of domestic and foreign enterprises and the support of international partners.

Vietnam’s poverty rate is falling but there remain inequalities in various regards that must be addressed on the journey to becoming an upper-middle and high-income country.