Poverty rate decreases by 1.16% in 2018

December 28, 2018 10:00 AM GMT+7

VGP - About 12,000 households in Ha Noi escaped from poverty in 2018, bringing the local poverty rate down to 1.16%, a goal achieved two years ahead of schedule heard a conference on December 26.

Illustration photo

The event was held by the municipal Department of Labor, Invalids and Social Affairs to review its performance in 2018 and plan for tasks in 2019 in the presence of Deputy Minister of Labor, Invalids and Social Affair Doan Mau Diep and Vice Chairman of the Hanoi People’s Committee Ngo Van Quy.

The city’s success in poverty reduction was largely attributed to its efforts to expand vocational education.

This year, Ha Noi has provided support in vocational training and introduced employment opportunities for more than 190,000 people, up 25.1% from 2017.

The capital has also financially assisted 4,166 impoverished households to build and repair their houses and given them easier access to soft loans to start or expand their businesses.

The unemployment rate in the city dropped to 1.91 percent and the number of trained workers accounted for 63.15% of the local workforce.

In 2019, the Department of Labor, Invalids and Social Affairs aims to provide vocational training for 205,000 people and introduce jobs to 154,000 people in Ha Noi. It also plans to reduce the poverty rate by 0.3 percent and ensure all policy beneficiary families have a living standard equal to the average of their residential areas./.

By Kim Loan

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