Continuing high inflation in Viet Nam has hit the most vulnerable people in society hard. To make matters worse, inflationary pressure is threatening to disrupt the Government’s plans on reducing the poverty rate, and as prices soar those who have managed to rise out of poverty are in danger of falling back under.
This month issue of our new magazine Outlook examines how the poor, students, low-income earners and farmers are struggling to cope with inflation – and what is being done to help them.
We report on the many people across the nation who are feeling the strain of rising prices and we find out why life isn’t getting any easier for farmers, who are supposed to be benefiting from higher prices for their produce.
Other stories on the plight of the poor in times of high inflation also include an interview with the Deputy Minister of Labour, Invalids and Social Affairs, Le Bach Hong, who says while soaring inflation may prevent this year’s poverty reduction targets being met, there’s a good chance the nation will still reach its goal of reducing the poverty rate to between 10 to 11 per cent by 2010.
Outlook, which goes on sale in Ha Noi, HCM City and other major centres this morning, also visits a village renowned for making hand fans, heads to the box office to check out the state of the Vietnamese film industry – and finds out how art lovers can impress friends with their very own Mona Lisa.
Outlook’s regular news round-up summarises major news developments around the country and the rest of the world. Readers can also catch up on what’s hot and what’s not in the country’s culinary and art scenes – and check out regular listings for everything from bars to embassies.
Outlook retails for VND15,000 at news-stands, major hotels and restaurants and at the head office of the Viet Nam News at 11 Tran Hung Dao, Ha Noi, or our HCM City office at 120 Nguyen Thi Minh Khai Street
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