A single poverty reduction programme for 2011 to 2020, Vietnam Business News
Vietnam Business » Vietnam Business News » A single poverty reduction programme for 2011 to 2020
The United Nations (UN) in Vietnam, in coordination with the Ministry of Labour, Invalids and Social Affairs and the Ministry of Planning and Investment, held a conference in Hanoi on May 25 to help draw up a poverty reduction programme for the 2011-2020 period.
Over the past seven years, Vietnam has made many remarkable achievements in poverty reduction, reducing the rate from 58.1 percent in 1993 to 11.3 percent in 2009. The countrys success in combating poverty has won a lot of applause from the international community.
In a general assessment of the current poverty reduction programme, Peter Chaudry, the UNs representative in Vietnam, pointed out some shortcomings and challenges that Vietnam should consider while building its strategy and programme for poverty reduction.
Mr Chaudry suggested that Vietnam should have a single framework for poverty reduction in the future. It is essential to combine current poverty production programmes into one overall programme to avoid any overlaps and increase the effectiveness of the funding, he added.
The poverty reduction plan must go hand in hand with the Socio-economic Development Plan and each locality should devise their own solutions to suit their own circumstances.
Ngo Truong Thi, from the Ministry of Labour, Invalids, and Social Affairs, delivered a speech how to put together a poverty reduction programme for the 2011-2020 period. He said that the overall target is to reduce poverty in a sustainable manner, ensure people are clothed, housed, educated and the infrastructure is improved. He highlighted that the programmes policies are designed to promote the dynamism within poor people and rid them of the sense of relying on others, while striking a balance between refundable and free assistance.
Mr Thi added that policies will be introduced to include poverty reduction efforts nationwide, closely connected with the programme to build up new rural areas and a social security strategy for the period from now until 2020.
Meanwhile, Dr Tran Dinh Thien from the Economics Institute stressed that the Poverty Reduction Programme for the future must be an organic part of the 2011-2020 Socio-economic Development Strategy, which brings together poverty reduction efforts in a single unified programme.
Mr Thien added that a national poverty reduction programme will be worked out, with the people and their rights at its core.
Bui Si Loi, the Vice Head of the National Assemblys Committee for Social Affairs, recommended that a new poverty line be introduced from the beginning of the programme and proper attention given to opportunities for the poor. Each locality will build and stipulate its own poverty line loosely based on the countrys common poverty line.
The Draft 2011-2020 Poverty Reduction Programme will continue to look for more ideas from experts as well as the government in June and July.
Vietnam Business And Financial News Network. Source [english.vovnews.vn]
Tasco plans to raise chartered capital to 135 billion dong
In details, the company will issue 5.5 million shares for existing shareholders with par value of 10,000 dong per share, under the ratio of 1:1 or one old share for
Vinashin Affiliate Launches First Car-carrying Ship
. Ha Long Shipbuilding Company, an affiliate of Vietnam Shipbuilding Industry Group (Vinashin), launched a 70,000 DWT car-carrying vessel on Tuesday, July 21 in the northern province of Quang Ninh.
Tolls proposed on cars using downtown streets
The citys Tien Phong Technology Joint Stock Company has proposed starting toll collection on cars using downtown streets from January 2012 with a fee level from US$1 to US$2, or
Vietnam hub recalls milk with content deficiencies
Health inspectors in Ho Chi Minh City on Wednesday ordered the recall of five milk products that did not contain the quantity of protein announced on their labels, and suspended
Leap in exports pushes trade deficit to $5.4b in five months
The countrys trade deficit reaches US$5.4 billion in the first five months of the year, according to experts from the General Statistics Office (GSO). The trade deficit was equivalent to
World Bank Predicts US$2.6B Surplus in Vietnam Balance of Payments in 2010
An excess of US$11.7 billion in the capital account will help Vietnam cover a shortfall of US$9.1 billion in the current account this year, the Hanoi-based Chief Economist Martin Rama
HCM City holds global marketing expo
The countrys first-ever International Advertising Equipment and Technology Exhibition opened August 5 in HCM City. The three-day event, Vietad 2010, has attracted more than 150 booths and nearly 70 domestic
Businesses weary of revised automatic import license procedure
Long Quoc Trung, Director of Matsu Electronics, a distributor of refrigeration equipment from Malaysia, said he is nervous because after two weeks, he still has not got confirmation of his