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Poverty Reduction in an orientation of Sustainable Development

   5/18/2006

Hanoi 4th May 2006 - Ministry of Labor, War Invalids and Social Affairs and Communism Magazine organized a seminar on hunger alleviation and poverty reduction in an orientation of sustainable development in Vietnam. Solutions mapped out from the seminar are continuing to raise the awareness of all levels from the central to grass-roots level on hunger alleviation and poverty reduction; socializing resources for this mission including budget, community, enterprise, international assistance and credit; planning and managing resources as well as undertaking monitoring and evaluation of hunger alleviation and poverty reduction activities in an open, democratic and transparent manner. Poverty reduction program from now to 2010 sets out the goal of reducing the poor ratio under the new standard from 26% in 2005 to 15% in 2010; improving living standards of poor households, minimizing the gap of incomes and living standards between urban and rural areas, between plain and mountainous areas, between the rich and poor household groups. Poor households under new poverty standard are those with the average income per capita below VND 200,000/month in rural areas and under VND 260,000/ month in urban areas. The poor household ratio (under the old standard) has reduced sharply from 2.8 million households (17.2% of the population) in 2001 to 1.1 million households (less than 7%). These figures show that 340,000 households escape from poverty each year. Under new poverty standard, there are 4.6 million poor households in Vietnam, accounting for 26% of the population.

VNA
5/18/2006

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