From the Last Mile to the Next Mile – 2022 Vietnam Poverty & Equity Assessment
Vietnam is a country on the move and in transition. Indicators are pointing in the right direction, with many positive economic and social developments. The amount of progress that Vietnam has achieved in less than half a century since emerging fro...
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| Format: | Report |
| Language: | English English |
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Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099115004242216918/P176261055e180087097d60965ce02eb562 http://hdl.handle.net/10986/37952 |
| Summary: | Vietnam is a country on the move and
in transition. Indicators are pointing in the right
direction, with many positive economic and social
developments. The amount of progress that Vietnam has
achieved in less than half a century since emerging from a
war has been nearly without parallel. At the same time,
Vietnam is a lower-middle-income country facing a
challenging and uncharted road ahead to reaching
upper-middle and high-income country levels in a shifting
global economic and climatic landscape. In less than half a
century since the end of the Vietnam War and thirty-five
years since the Doi Moi reforms, Vietnam has become a
vibrant economy and a sought-after market to the outside
world. At the same time, despite remarkable progress,
poverty remains a key concern among the population. Concerns
over poverty amid high economic growth are not inconsistent;
together they illustrate an absolute and inclusive rise in
living standards, but also a population that seeks economic
security and aspires for more. This Vietnam poverty and
equity assessment is organized into two parts motivated by
addressing both Last Mile and Next Mile issues: Part I
reviews poverty and inequality trends over the last decade,
2010–2020; and Part II assesses opportunities for and
challenges to Vietnam’s path to achieving its Next Mile
aspirations and creating greater prosperity for households
and workers. |
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