More than 30,000 houses have been built and repaired for needy families thanks to financial assistance from the city’s Fund for the Poor for the past 14 years, while the figure in the first nine months of 2014 was 500.
In 2013, the Fund mobilised VND45.121 billion (US$2.15 million) to help build, repair more than 700 houses, to provide over 5,000 scholarships and financial assistance to the poor for medical check-ups and production.
Additionally, many businesses have donated hundreds of billions of VND to social welfare programmes such as construction of schools, community houses and roads.
The city currently has 45,732 poor households and 43,718 near-poor ones, accounting for 2.66% and 2.55% of its population, respectively.
Hanoi targets to reduce its household poverty rate by 1.5-1.8% per year.