Posts Tagged ‘ Poverty ’

ADB lends Vietnam $24.8 mil to foster 'inclusive growth' 

January 21, 2012

  The Asia Development Bank (ADB) on Tuesday signed a US$24.8 million support agreement to foster Vietnam’s "inclusive growth" and thus aid further poverty reduction in the country, the bank said in a press release. Through the support agreement, ADB will provide parallel financing to the Poverty Reduction Support Credit framework supported by a number of development [...]

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World Bank provides Vietnam $973.5 mln for infrastructure, anti-poverty projects 

January 16, 2012
World Bank provides Vietnam $973.5 mln for infrastructure, anti-poverty projects 

  The World Bank agreed Thursday to lend US$ 973.5 million to Vietnam for three poverty reduction and infrastructure projects. The projects are the $613.5-million Da Nang – Quang Ngai Expressway, $210-million Medium Cities Development project, and the $150-million 10th Poverty Reduction Support Credit.  “It is the first time that the World Bank is financing an [...]

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City plan to eliminate beggars targets the poor 

September 9, 2011
City plan to eliminate beggars targets the poor 

  Experts argue that the plan is not feasible and ignores broader initiatives needed to eliminate the gap between haves and have nots A homeless man sleeps on Nguyen Tri Phuong Bridge connecting districts 5 and 8 in Ho Chi Minh City. The municipal authorities are considering a plan to wipe out begging in the [...]

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EU delegation continues support for poverty reduction in Vietnam 

July 4, 2011
EU delegation continues support for poverty reduction in Vietnam 

The European Delegation said it will support Vietnam's poverty reduction efforts. The European Delegation to Vietnam has announced a total of 29 million euros (US$41 million) in grants to support poverty reduction efforts in Vietnam. Of this grant, 17 million euros will be used as the final installment of the European Poverty Reduction Support Program, a [...]

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Over three million households categorized poor in Vietnam 

June 4, 2011
Over three million households categorized poor in Vietnam 

  Vietnam has over three million poor families, accounting for 14.2 percent of the population, the Ministry of Labor, War Invalids and Social Affairs reported at a conference held early this week.   "Nearly poor" population, meanwhile, constituted 7.5 percent, or more than 1.6 million families, the ministry told the conference Monday.   It said [...]

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Panel targets mining corruption 

June 1, 2011
Panel targets mining corruption 

  A panel of foreign and local experts have called for improved transparency and accountability in Vietnam’s gas and mining sector A copper mine run by the Vietnam Coal and Mineral Industries Group in the north-western province of Lao Cai. An anti-corruption dialogue on May 25 called for improved transparency and accountability in Vietnam’s gas [...]

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Inflation in Vietnam will push more into poverty 

May 13, 2011
Inflation in Vietnam will push more into poverty 

  Poverty will rise in Vietnam as a result of soaring inflation this year so the government must stay the course on price-busting policies, John Hendra, head of the United Nations mission in the country, said on Tuesday. A UN study showed that poverty increased by 2.1 per cent after Vietnam’s last bout of high [...]

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World Bank provides loan to Vietnam poverty reduction program 

May 3, 2011
World Bank provides loan to Vietnam poverty reduction program 

A bridge in the mountainous province of Lao Cai built under a government program to reduce poverty The World Bank said it has approved additional finance of US$50 million for Vietnam to help the country reduce poverty among disadvantaged groups. The interest-free credit is the latest in a series of three policy operations which have [...]

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UN reports vast inequalities in urban 

December 22, 2010
UN reports vast inequalities in urban 

A street vendor sleeps on a sidewalk on Nam Ky Khoi Nghia Street in HCMC’s District 3. Hanoi and Ho Chi Minh City are facing challenges in ensuring equitable and sustainable development, according to a survey released on Wednesday by the United Nations Development Program (UNDP). “I would like to highlight one of the key [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...