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Driving luxury cars: who says Vietnamese are poor?
The
Vietnamese people at times are proud when they talk about the country’s
number of luxury cars – an indicator of the dissipation of the rich in
Vietnam and they do not forget to comment further, "Who says Vietnamese
people are poor?”
Most people are interested in reading
"breaking" news about how many luxury cars owned by Cuong Dola (a
young businessman who is very famous for having many million-USD cars), how
much pop star Ho Ngoc Ha (Cuong Dola’s wife) earned in 2014 or about old
businessman Le An just marrying a new wife.
Not many readers are interested in
how many preschool teachers are unemployed, or how many farmers in the
southern
If we notice the latest information
on income distribution of Vietnamese people, we would know that 43% of the
country's income runs to the pocket of the wealthy people, who account for
20% of the population (source: World Bank).
According to the WB statistics, the
poorest group, accounting for 10% of the population, only owns 2.9% of the
joint income.
Optimism can help us have momentum to
go forward. Yet it cannot change the fact that, with more than 90 million
people, the income of the country in 2014 reached about $171.4 billion only
(source: World Bank).
This means that, more than 9 million
poor people in the country earned only about $5 billion in revenue this year
- equivalent to $550/person/year, compared with the country’s average of
$1,900.
This figure is synonymous with the
fact that after nearly three decades of innovation and being highly
appreciated for achievement of poverty reduction, in 2014 Vietnam still has
more than 9 million people living with a low income.
Although the inequality index, GINI
of Vietnam, this year remains in the allowable level (less than 40 points),
the root causes of poverty have been revealed. These are inequality and
imbalance of power.
In today's information age,
"poverty is not necessarily just hunger, lack of water, or lack of
living conditions and other activities but poverty is also caused by social
barriers and other agents preventing the individual or community from having
access to resources, information and services. So poverty is not just an
individual but it includes factors that inhibit the individual from having
access to resources or not finding solutions for themselves to escape from
the existing condition.” This is called multidimensional poverty (reference:
People's Action in Practice, ActionAid).
What direction?
If based on this concept, the current
poverty rate is not only 9% as in the report. There is a large group of the
population, most of whom are farmers with little arable land, limited skills,
and lack of other employment opportunities.
They are diligent in doing farmwork
on a small-scale, in terms of land and investment. The result is that they
are not classified as "poor" because they do not meet the criteria
for poverty of the government, but in essence they really are
"poor" under the concept of multidimensional poverty, and their
poverty is "sustainable" because in the long term there is no
solution to change their lives.
And what about the
rich?
Looking at the economic structure of
Resources will be quickly depleted
and the debt must be paid (it is forecast that
So what is the direction for
A State of
Sustainable poverty and unsustainable
wealth can be solved when we add Vietnamese intellectual content to
"Made in
Success only comes when we live in a
society with many good values along the right direction, which respects the
dignity of people with motivation and determination, and all act for a mighty
Tran Van Tuan,
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Chủ Nhật, 11 tháng 1, 2015
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