World Bank Income Classification:Low Income
The World Bank classifies economies for analytical purposes into four income groups: low, lower-middle, upper-middle, and high income. For this purpose it uses gross national income (GNI) per capita data in U.S. dollars, converted from local currency using the World Bank Atlas method, which is applied to smooth exchange rate fluctuations.
Least Developed Country:Yes
Since 1971, the United Nations has recognized LDCs as a category of States that are deemed highly disadvantaged in their development process, for structural, historical and also geographical reasons. Three criteria are used: per capita income, human assets, and economic vulnerability.
Gender Inequality Index:0.575
GII is a composite metric of gender inequality using three dimensions: reproductive health, empowerment and the labour market. A low GII value indicates low inequality between women and men, and vice-versa.
Gender Development Index:0.723
GDI measures gender inequalities in achievement in three basic dimensions of human development: health, education, and command over economic resources.
Population:209,497,025
Source of population data: United Nations, Department of Economic and Social Affairs, Population Division (2022). World Population Prospects: The 2022 Revision
Male:19,976,265 (9.5%)
Female:189,520,760 (90.5%)
SN Outcome 2 (CF Outcome 3). Shared Prosperity through Economic Transformation By 2026, people in Viet Nam, especially those at risk of being left behind, will contribute to and benefit equitably from more sustainable, inclusive and gender-responsive economic transformation based on innovation, entrepreneurship, enhanced productivity, competitiveness, and decent work.
The outcome will contribute to the achievement of the SDGs: 5, 8, 9, 10, 11, 12 and 17 and the following SN outcomes: SP Outcome 1: Global normative frameworks and gender-responsive laws, policies and institutions. A comprehensive and dynamic set of global norms and standards on gender equality and the empowerment of all women and girls is strengthened and translated into gender-responsive laws, policies, and institutions. SP Outcome 2: Financing for gender equality Public and private financing advance gender equality through gender responsive financing policies, strategies and instruments. SP Outcome 4: Women’s equitable access to services, goods & resources: More women and girls have equitable access to high quality public goods, services, and resources that are responsive to their needs SP Outcome 6: Production, analysis and use of gender statistics and sex-disaggregated data and knowledge
SN Outcome 2 (CF Outcome 3). Shared Prosperity through Economic Transformation By 2026, people in Viet Nam, especially those at risk of being left behind, will contribute to and benefit equitably from more sustainable, inclusive and gender-responsive economic transformation based on innovation, entrepreneurship, enhanced productivity, competitiveness, and decent work.
Complementary indicators are identified as those in the results framework that are not repeated verbatim in the results framework of another United Nations entity, but are related or provide different but complementary lenses or insights into the same issue, high-level result and/or area of complementary work, such as a Sustainable Development Goal target.
Complementary
Complementary indicators are identified as those in the results framework that are not repeated verbatim in the results framework of another United Nations entity, but are related or provide different but complementary lenses or insights into the same issue, high-level result and/or area of complementary work, such as a Sustainable Development Goal target.
Complementary
UN Women reports on this indicator in a global scope, signified by "(Desk Review)" at the end of the indicator statement (see the Our Global Results page for the global result)
Complementary indicators are identified as those in the results framework that are not repeated verbatim in the results framework of another United Nations entity, but are related or provide different but complementary lenses or insights into the same issue, high-level result and/or area of complementary work, such as a Sustainable Development Goal target.
Complementary
UN Women reports on this indicator in a global scope, signified by "(Desk Review)" at the end of the indicator statement (see the Our Global Results page for the global result)
Common indicators are those that appear verbatim the same in at least two entities' results frameworks and are drawn, where possible, directly from other globally agreed frameworks.
Common
Complementary indicators are identified as those in the results framework that are not repeated verbatim in the results framework of another United Nations entity, but are related or provide different but complementary lenses or insights into the same issue, high-level result and/or area of complementary work, such as a Sustainable Development Goal target.
Complementary
SN Outcome 2 (CF Outcome 3). Shared Prosperity through Economic Transformation By 2026, people in Viet Nam, especially those at risk of being left behind, will contribute to and benefit equitably from more sustainable, inclusive and gender-responsive economic transformation based on innovation, entrepreneurship, enhanced productivity, competitiveness, and decent work.
The outcome 2 “Shared prosperity through economic transformation” was on track in the reporting year , focusing on women’s entrepreneurship development policies and sustainable resilient livelihoods. Two notable policies linked to support women-owned small and medium enterprises (WSMEs) adopted in 2023 as a result of UN Women’s contribution of supports for the past three years for this legislation by generating evidence and advocating with law makers. The Ministry of Finance adopted the Circular 52/2023/TT-BTC [1] on 8 August 2023 to guide the mechanism to use the State Budget for provisions in the Government Decree 80/2021/NÐ-CP that regulates supporting policies for SMEs [2] . This new Circular means that women-owned SMEs, SMEs employing many female workers and social enterprises have more opportunities to benefit from supporting policies using the State Budget because the Decree 80/2021/NÐ-CP regulates specific preferential provisions on technical advisory support and human resource development support for women-owned SMEs, SMEs employing many female workers, and social enterprises and the principle that these enterprises shall remain a priority for all types of support. Following the Government Decree 80/2021/NÐ-CP , the Circular 06/2022/TT-BKHDT [3] and the Circular 52/2023/TT-BTC, on 17 August 2023, the Ha Noi People’s Committee Office adopted the Decision No. 4120/QD-UBND - Supporting human resource development training for small and medium-sized enterprises owned by women (WSMEs) and SMEs that employ a lot of female workers in Hanoi city 2023-2025 [4] . Target groups to be supported are WSMEs and SMEs that employ many female workers, agencies and organizations supporting SMEs; female entrepreneurs Associations and Clubs in Hanoi city. The support includes training courses on business start-up (1,500 participants), business administration (3,000 participants), advance business management with in-depth knowledge for CEOs (1,000 participants), technical training (training topics to be assessed and decided) at manufacturing and processing enterprises in craft villages (230 SMEs x 15 participants/SMEs = 3,450 participants). Budget for carrying out this Plan is all from the State budget. Ha Noi Department of Planning and Investment is leading and implementing the Plan. This year, UN Women has contributed to this process by engaging related policy makers of Ministry, Departments of Planning and Investment and Ministry of Finance in a number of (i) field missions to facilitate and attend technical focus group discussions and consultation with related provincial authorities, women entrepreneur associations and women-owned SMEs on supporting policies for women owned businesses and (ii) workshops on strengthening capacity and competitiveness of women owned businesses for better access to the market and supply chains; (iii) training workshops on better access to the market through supplier diversity and gender responsive procurement. In addition to policy advocacy, in 2023, 1,443 vulnerable women living in rural areas in Tien Giang province strengthened their economic resilience and recovery from the impact of COVID-19 with financial and technical support from UN Women. These are women with disabilities, women heading households, pregnant women, and women with children under 2 years old, women over 60 years old, victims of violence, women with HIV or chronic illnesses, ethnic minority women, and female migrant workers. The livelihoods of 1,443 poor, near poor and vulnerable households have been rebuilt up using received financial support of 5,500,000 VND (200 USD) and technical knowledge of husbandry/cultivation techniques, small business start-up models and household economic planning and management. Moreover, while this support is to empower women in the household and the community, it advanced their capacity and confidence to step up income generation activities in their home, which contributed to changes in social norms in the community on women’s role and capacity in economic development. Additionally, innovative communication media including radio broadcasting on livelihood good practices, and GBV knowledge dissemination coverage was also implemented to raise public awareness on gender-based discrimination and violence, particularly exacerbated by the challenges posed by COVID-19 as one of VCO’s efforts to influence social norms and address the impact of gender-based discrimination and violence. Through the collaboration with the provincial Women’s Unions of Tien Giang and Ho Chi Minh City, two government agencies have increased capacity/knowledge in assisting women micro owned enterprises with UN Women’s support, to assist women-owned enterprises, women-led cooperatives to develop, implement and adopt resilient livelihood and business models. The achievement of this Outcome in 2023 has contributed to more sustainable, inclusive and gender-responsive economic transformation based on women’s entrepreneurship development policies, sustainable resilient livelihoods, and financing for gender equality which contributes to achieving the aims of SDG 5, 8 and SDG 10. [1] https://vanban.chinhphu.vn/?pageid=27160&docid=208469 [2] The Government Decree 80/2021/NÐ-CP regulates supporting policies for SMEs in which there are (i) specific preferential provisions on technical advisory support and human resource development support for women-owned SMEs, SMEs employing many female workers and are social enterprises; (ii) principal that women-owned SMEs, SMEs employing many female workers, and social enterprises shall be prioritized for all other types of support. [3] The Circular 06/2022/TT-BKHDT was adopted by the Ministry of Planning and Investment to guide some provisions of the Government Decree 80/2021/NÐ-CP on supporting policies for SMEs [4] The Decision No. 4120/QD-UBND supports WSMEs and SMEs that employ many female workers, agencies and organizations supporting SMEs; female entrepreneurs Associations and Clubs in Hanoi city including training courses on business start-up (1,500 participants), business administration (3,000 participants), advance business management with in-depth knowledge for CEOs (1,000 participants), technical training (training topics to be assessed and decided) at manufacturing and processing enterprises in craft villages (230 SMEs x 15 participants/SMEs = 3,450 participants). Budget for carrying out this Plan comes exclusively from the State budget. Ha Noi Department of Planning and Investment is leading and implementing the Plan.Disclaimer and notes
References to Kosovo shall be understood to be in the context of United Nations Security Council resolution 1244 (1999).