Vietnam to invest nearly 17 bln USD for national target program
Summary
Vietnam has approved a 16.05 billion USD investment package for a national program targeting rural development, poverty reduction, and socio-economic growth in ethnic minority and mountainous areas from 2026 to 2030.
Key Points
- Vietnam approved a 423 trillion dong (16.05 billion USD) investment package for rural development from 2026 to 2030.
- The program focuses on rural modernization, climate resilience, sustainable poverty reduction, and improving livelihoods in ethnic minority regions.
- Vietnam aims to triple rural per capita income by 2030 compared to 2020.
- By 2035, rural per capita income is expected to increase at least 1.6 times compared to 2030 under the extended national program.
