“The multidimensional poverty rate in Vietnam has fallen to below 1% this year, the Ministry of Labour – Invalids and Social Affairs (MoLISA) reported at its year-end review conference held in Hanoi on December 27.
Between 2021 and 2024, Vietnam has reduced the rate by approximately 4.2%, an average year-on-year decrease of 1.05%. Annually, it drops by over 4% in poor districts to about 26% at present, and by more than 3% among ethnic minority groups to less than 13.5%.
Ten communes with particular disadvantages in sandbank, coastal, and maritime areas, along with one district, have managed to escape from poverty during the period, according to the ministry.”
From Vietnam Plus.