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PM shares Vietnam’s experience in poverty reduction at G20 Summit

Vietnam has prioritized food security and agriculture as an economic pillar, ensuring social welfare, equality, and environmental sustainability alongside economic growth.

Poverty reduction in  Vietnam is focused on ensuring food security and putting people at the center of development efforts.

Prime Minister Pham Minh Chinh made the remarks at a session on poverty reduction at the G20 Summit in Rio de Janeiro, Brazil on November 18.

 Prime Minister Pham Minh Chinh at the summit. Photos: Nhat Bac

Brazilian President Luiz Inácio Lula da Silva, host of this year's summit, underscored the importance of eradicating poverty as a cornerstone of building a prosperous society and a peaceful world. He announced the creation of the Global Alliance Against Hunger and Poverty, naming Vietnam as one of its founding members.

In his remarks, Prime Minister Chinh called on nations to demonstrate stronger political will, allocate more resources, and take more decisive action to implement effective poverty reduction programs. He emphasized the need for targeted and impactful initiatives to address this global challenge.

The Prime Minister shared Vietnam’s key lessons in poverty alleviation, which have been integral to the country’s socio-economic progress. He stressed that Vietnam has not compromised social welfare, equality, or environmental sustainability in pursuit of economic growth. Instead, the country has prioritized food security by positioning agriculture as a pillar of the economy. Additionally, Vietnam has consistently placed people at the center of its development policies, investing heavily in education, technology, and innovation to cultivate a skilled workforce.

 Overview of the summit. 

He also outlined three strategic measures to combat poverty on a global scale. First, he emphasized the importance of maintaining peace, stability, and international cooperation as prerequisites for inclusive development. Second, he advocated for a resilient and adaptive global food system capable of withstanding the impacts of climate change. Finally, he highlighted the need to invest in human capital, with a focus on education, social protection, and policies that ensure that no one is left behind.

Reaffirming Vietnam’s commitment to multilateralism and global solidarity, the Prime Minister pledged the country’s active contribution to building a sustainable and poverty-free world. Vietnam, he said, stands ready to share its experience and collaborate with G20 nations and international organizations in implementing South-South and trilateral cooperation programs aimed at enhancing food security and eradicating poverty.

Prime Minister Chinh’s speech was met with widespread approval and appreciation by the attendees, reflecting the recognition of Vietnam’s efforts and achievements in poverty reduction.

This year’s G20 Summit had an unprecedented level of participation, bringing together leaders from 21 G20 members, 19 invited nations, and 15 key international organizations.

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