Search results
Results From The WOW.Com Content Network
Based on a report from the Asian Development Bank, Vietnam has a total population of 91.70 million as of 2015, about one million people more compared to the previous year. [22] In 2016, 5.8% of the population lived below the national poverty line; in 2019, the unemployment rate was 2.0%. [23]
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. [1]
According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
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.
As of 2022, around 11% Vietnamese Americans lived below the poverty line, a rate similar to the 11.5% rate for the general U.S. population. [65] [66] This poverty rate has shown a gradual decline over recent years. In 2015, about 14.3% of Vietnamese Americans were living in poverty, [67] which decreased to 12% by 2019. [68]
For premium support please call: 800-290-4726 more ways to reach us
It increased the enrollment rate (the rate of children attending school) from 86% in 1993 to 95% in 2002. [13] From 2013 to 2017, the Vietnam School Readiness Promotion Project was launched to "raise school readiness" for 5-year-old children. [28] The project raised the enrollment rate of preschool children from 73.7% in 2012 to 87.6% in 2017. [29]
In 2001, Vietnam sent a letter of intent to the IMF to receive a loan to fund the Poverty Reductions and Growth Funds arrangement. [9] In order to create a greater macroeconomic stability for Vietnam they would rely on the monetary policy while under shock scenarios as it has proven to lift off interest rates.