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flag Vietnam approves $16B rural development plan to boost income and reduce poverty in ethnic regions by 2030.

flag Vietnam has approved a 423 trillion VND (about $16.05 billion) investment for a national program from 2026 to 2030 focused on rural development, poverty reduction, and socio-economic progress in ethnic minority and mountainous regions. flag The initiative aims to triple rural per capita income by 2030 compared to 2020 levels, reduce multidimensional poverty by 1–1.5% annually, and promote climate resilience, inclusive growth, and national unity. flag A long-term goal extends to 2035, targeting a 1.6-fold increase in rural income from 2030 levels. flag The program unifies prior efforts, emphasizing sustainable development, gender equality, and green economies, with funding from central and local budgets and policy credit.

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