Poor and near-poor households nationwide will get financial assistance for housing.

From August 15, eligible families will be given VND40 million (US$1,700) to build a new house or VND20 million for home repairs.

People eligible are those certified as poor households according to multidimensional poverty standards in the 2021-25 period or cases of splitting a household into two or more separate households but the period from the time of splitting to the effective time of the decision must be at least three years.

Housing support beneficiaries exclude families that have received assistance under the national target programme on socio-economic development in ethnic minority-inhabited and mountainous areas in the 2021-30 period as well as other programmes and projects.

In January, Permanent Deputy Prime Minister Pham Binh Minh signed a decision approving the national target programme on sustainable poverty reduction for the 2021-25 period with total funding of at least VND75 trillion.

The overall goal is to achieve multidimensional, inclusive and sustainable poverty reduction. It will be carried out nationwide, with the focus on poor districts and extremely disadvantageous communes in lowland and coastal areas and on islands. The programme targets to reduce the nationwide poverty rate by 1-1.5 per cent, by over 3 per cent among ethnic minority households, and by 4-4.5 per cent in poor districts per year.

The number of poor and near-poor households is expected to halve by 2025. 

All poor districts and communes with extremely difficult conditions in the lowland, coastal areas and islands will receive assistance to invest in upgrading socio-economic infrastructure, serving locals’ livelihoods, and boosting production and trade, and providing basic social services.

The rate of children from poor and near-poor households going to school at the right age will reach 90 per cent, according to the programme. 

Source: Vietnam News