Vietnam comes second within ASEAN on CRII

Vietnam does well on the Commitment to Reducing Inequality Index (CRII), coming second within ASEAN, and ranks 77 out of 158 countries this year.
  • Oxfam releases The Commitment to Reducing Inequality Index 2018

Very low spending on public healthcare, weak social safety nets and poor labor rights meant the majority of the world’s countries were woefully ill-equipped to deal with COVID-19, reveals new analysis from Oxfam and Development Finance International (DFI) today.  

The Commitment to Reducing Inequality Index (CRII) shows that only 26 out of 158 countries were spending the recommended 15 percent of their budgets on health prior to the pandemic, and in 103 countries at least one in three workers lacked basic labor rights and protections, like sick pay, when the virus struck. 

The index ranks 158 governments on their policies on public services, tax and workers’ rights, three areas pivotal to reducing inequality and weathering the COVID-19 storm. It is being launched ahead of the World Bank and International Monetary Fund (IMF) virtual Annual Meetings next week. 

Overall, Vietnam does well on the Commitment to Reducing Inequality Index (CRII), coming second within ASEAN, and ranks 77 out of 158 countries this year.

Vietnam is widely acknowledged to have had one of the world’s most successful responses to COVID-19. It moved rapidly with containment; targeted testing, tracking and quarantine; and public communications. It also included measures to limit increases in poverty and inequality, a plan on providing financial relief of US$2.7 billion for 20 million vulnerable people, and paying workers whose contracts were suspended a monthly allowance of VND1.8 million.

Viet Nam is to be congratulated on its recent progress in several areas of policy to fight inequality. Compared to other countries in ASEAN, Vietnam’s performance is better in terms of health and social protection spending, collecting high levels of tax, and promoting women’s labour rights.

Nevertheless, the findings also show the need to reinforce Vietnamese people-centred policies to fight inequality in the following ways: increasing the CIT rate and reducing corporate tax incentives; increasing spending for public services including education, health, and social protection; increasing its minimum wage to living wage, taking progressive towards universal social protection coverage and access, especially workers in informal and vulnerable employment; moving ahead with its adoption of laws allowing independent workers’ representative organizations in accordance with ILO conventions and creating an enabling institutional environment for fairer public policy, with citizens and civil society empowered to participate and provide their feedbacks; monitor and reduce inequality as part of poverty reduction.

PSNews

Other News

Communication drive promoted for 500-day campaign to locate, identify fallen soldiers' remains

Communication drive promoted for 500-day campaign to locate, identify fallen soldiers' remains

Under the plan, all central and local media outlets are required to launch columns on the campaign, maintain regular coverage, and produce at least five to seven in-depth reports each month in key search areas. Media agencies will also be encouraged to gather and verify valuable information and develop high-quality products in both Vietnamese and foreign languages, including feature articles, documentaries, reports and short videos.

First Vietnamese pagoda in Tokyo inaugurated

First Vietnamese pagoda in Tokyo inaugurated

Ambassador Pham Quang Hieu expressed confidence that the establishment will serve as a strong spiritual anchor for Vietnamese people living in Japan while contributing to friendship and cultural exchanges between the two countries.

National drive kicks off to protect, support children online

National drive kicks off to protect, support children online

Cyberspace now runs through children’s learning, entertainment, and daily lives, but warned it is laced with dangerous content, online insults, threats, and seemingly harmless clicks that can trigger fraud, data breaches, and risks children who are not yet equipped to handle.

Vietnam, RoK scholars discuss diplomatic perspectives amid modern East Asia

Vietnam, RoK scholars discuss diplomatic perspectives amid modern East Asia

A scholar has stressed the need for Vietnam to make use of cooperation opportunities arising from the RoK’s foreign policy, particularly in semiconductor technology, artificial intelligence (AI), supply chains, digital transformation, and green energy, as well as chances in multilateral diplomacy.

'Barefoot inventor' and global ambitions

'Barefoot inventor' and global ambitions

Pham Van Hat is best known as the creator of the made-in-Vietnam “Seed Sowing Robot,” now exported to 15 countries, alongside dozens of practical inventions that have eased labour for thousands of farmers.

Safeguarding fairness for creators, future of Vietnam's culture

Safeguarding fairness for creators, future of Vietnam's culture

Films, music, television programmes, e-books, video games, journalistic works, images and creative data can now be copied, edited and redistributed within minutes. While copyright violations were once linked mainly to pirated discs or counterfeit books, infringements have shifted online with faster speed, wider scale and greater anonymity.

Flower tribute ceremony honours President Ho Chi Minh in Russia

Flower tribute ceremony honours President Ho Chi Minh in Russia

Consul General Nguyen Viet Kien stressed President Ho Chi Minh’s reputation and career transcended Vietnam’s borders to inspire liberation movements worldwide, and that his ideas on the right to self-determination, peace, and friendship among nations remain deeply relevant today.

Education ministry targets five digital technology incubators at universities

Education ministry targets five digital technology incubators at universities

A key target under the new plan is the establishment of five digital technology incubators, or Deeptech Hubs, at universities and research institutes with strong potential. The education ministry also plans to launch a training programme for 1,000 outstanding technology entrepreneurs and develop criteria for selecting and supporting startup ecosystems within educational institutions.

Vietnam steps up implementation of ethnic affairs strategy through 2030

Vietnam steps up implementation of ethnic affairs strategy through 2030

To accelerate the implementation of the the Ethnic Affairs Strategy by 2030, with a vision toward 2045, the Prime Minister requested ministries, agencies and local authorities to continue thoroughly carrying out the Party and State’s policies on ethnic affairs, enhancing the effectiveness of State management and strengthening oversight of policy implementation.

Security preparations reviewed for APEC 2027 in Phu Quoc

Security preparations reviewed for APEC 2027 in Phu Quoc

The team examined the APEC 2027 Convention Centre, where main conference activities are scheduled; Sun Serenia Hospital, designated to provide healthcare and emergency medical services for delegates; provincial road DT.975, which connects Phu Quoc International Airport to the convention centre; and the area surrounding Phu Quoc International Airport.