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The majority of the poor live in rural, isolated, mountainous or disaster prone areas, where physical infrastructure and public service are relatively undeveloped. [27] The poor often lack production means and cultivated land. [27] They have limited access to the state credit and often access through back credit with very high interest. [27]
The primary social issues in Vietnam are rural and child poverty. Vietnam scores 37.6 in the Gini coefficient index of wealth inequality, with the top 10% accounting for 30.2% of the nation's income and the bottom 10% receiving 3.2%. In 2008, 14% of the population lived below the national poverty line of US$1.15 per day.
Corruption is a very significant problem in Vietnam, impacting all aspects of administration, education and law enforcement. Vietnam is an authoritarian one-party state under the Communist Party of Vietnam (CPV). In 2015, the party claimed that corruption had moved up the political agenda, and the legal framework for tackling corruption had ...
A Vietnamese court sentenced prominent activist Nguyen Chi Tuyen to five years in prison after finding him guilty of anti-state activities in a one-day trial on Thursday, two of his lawyers said.
Vietnam also lags behind China in terms of property rights, the efficient regulation of markets, and labor and financial market reforms. State-owned banks that are poorly managed and suffer from non-performing loans still dominate the financial sector. [3] Vietnam had an average growth in GDP of 7.1% per year from 2000 to 2004.
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
The widely followed MSCI Emerging Markets Index is up year-to-date, but the 8.6% gain for that benchmark (as of June 2) isn’t enough for investors to be fawning for developing economies. However ...
Among the Louisiana individual rankings within the report: Housing costs, 40th; percentage of population in poverty, 49th; income growth, 47th; adults in fair or poor health, 46th; and average ...