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Challenges to Rural Poverty Reduction in Viet Nam - Oxfam Blogs

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Five-year Synthesis Report<br />

Part 2: <strong>Challenges</strong> <strong>to</strong> <strong>Rural</strong> <strong>Poverty</strong> <strong>Reduction</strong> <strong>in</strong> <strong>Viet</strong> <strong>Nam</strong><br />

Part 2: <strong>Challenges</strong> <strong>to</strong> <strong>Rural</strong> <strong>Poverty</strong><br />

<strong>Reduction</strong> <strong>in</strong> <strong>Viet</strong> <strong>Nam</strong><br />

63<br />

Changes at the moni<strong>to</strong>r<strong>in</strong>g po<strong>in</strong>ts <strong>in</strong> the past five years suggest key challenges <strong>to</strong> rural<br />

poverty reduction <strong>in</strong> <strong>Viet</strong> <strong>Nam</strong>.<br />

• The multi-dimensional nature of poverty. Multi-dimensional poverty analysis<br />

will help policy makers develop more effective policies specific <strong>to</strong> different<br />

groups.<br />

• As <strong>Viet</strong> <strong>Nam</strong> becomes a low middle <strong>in</strong>come country, design<strong>in</strong>g effective social<br />

security systems becomes <strong>in</strong>creas<strong>in</strong>gly important.<br />

• Cop<strong>in</strong>g with <strong>in</strong>flation and price volatility.<br />

• Labour mobility <strong>in</strong> <strong>Viet</strong> <strong>Nam</strong> is <strong>in</strong>creas<strong>in</strong>g, help<strong>in</strong>g create more diversified<br />

livelihood strategies.<br />

• Demand-driven agricultural extension services play an <strong>in</strong>creas<strong>in</strong>gly<br />

important role <strong>in</strong> improv<strong>in</strong>g effective and susta<strong>in</strong>able livelihoods <strong>in</strong> rural areas.<br />

• Education for children <strong>to</strong> improve the quality of human resources is of decisive<br />

significance <strong>to</strong> susta<strong>in</strong>able rural poverty reduction <strong>in</strong> the future.<br />

• Participa<strong>to</strong>ry plann<strong>in</strong>g and decentralized f<strong>in</strong>anc<strong>in</strong>g at the commune level<br />

would improve public services that support poverty reduction policies.<br />

Extension<br />

Labour mobility<br />

Quality of human resources<br />

Education<br />

Investment efficiency, public services<br />

Susta<strong>in</strong>able livelihoods<br />

Multi-dimensional<br />

poverty<br />

Risk management<br />

Price volatility<br />

Vulnerability reduction<br />

C-SEDP and CDF<br />

Social security

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