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13/07/2023, 8:16 PM

Viet Nam Shines as a Leading Nation in Halving Multidimensional Poverty

Vietnam is one of 25 countries that have reduced their MPI (Multidimensional Poverty Index) by 50%, according to a recent report published by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI).

On 11 July, UNDP in collaboration with the Oxford Poverty and Human Development Initiative (OPHI) launched the MPI, which estimates that in Viet Nam and based on 2020/2021 household data, only 1.9% of the population is multidimensionally poor. This is down from 4.9% in 2013/2014 with improvements across all dimensions of the index.

Multidimensional poverty is defined as a way to reveal real poverty, rather than just by measuring income. Indicators such as a lack of access to necessities like medical facilities, education, and food are accounted for.

The MPI, a product of UNDP and OPHI, is measured on a scale of 0 to 10, with 10 being countries which have the highest multidimensional poverty.

Vietnam's figures in the index are updated until the period of 2020/2021. About 1.8 million people are at the level of multidimensional poverty, while 3.3 million people are at the poverty level.

Cambodia, China, the Congo, Honduras, India, Indonesia, Morocco and Serbia are other countries highlighted for having successfully reduced multidimensional poverty.

The Ministry of Labour, Invalids and Social Affairs stated that, from 2016 through 2020, Vietnam has been tackling poverty in a new way, dealing with the trend of multidimensional poverty as most countries do.

According to MOLISA, this method makes a bigger impact, but it also presents new challenges that Vietnam must face.
 

Read Full Report

Q.Hoa t.h / Source: UNDP

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