Children and Social Economic Development
For the period of 2021-2030
As the first country in Asia and the second globally to ratify the Convention on the Rights of the Child (CRC) in 1990, Viet Nam has made rapid progress in human development and economic growth over the past 30 years. Initiated in 1986, economic and political reforms under Đổi Mới transformed Viet Nam from one of the world’s poorest nations to a lower middle-income country - making it one of the most dynamic emerging countries in the Asian region. Poverty rates fell from 58 per cent in 1993 to 9.8 per cent in 2017(1). Infant and under-five mortality rates have decreased significantly, immunization coverage is high, and more children than ever are enrolled in school. Progress is also evident in other areas, such as expanding access to safe drinking water and sanitation.
Despite these many positive strides, children in Viet Nam face unprecedented challenges. Global evidence demonstrates that investment in children is the most effective investment that governments can make to secure future economic growth. Prioritization of investment in children in national development strategies and plans is vital for Viet Nam, especially in light of the demographic transition that will kick-in between 2025-2030. Consequently, Viet Nam must focus on the development of a healthy and well-educated workforce. Based on a thorough review of indicators relevant for achievement of the Sustainable Development Goals (SDGs), UNICEF has identified the following child-focused priority areas for comprehensive investment in Viet Nam during 2021-2030.