Politburo member and National Assembly Chairman Tran Thanh Man has signed a Resolution approving the investment policy for the National Target Program on New Rural Development, Sustainable Poverty Reduction and Socio-economic Development in Ethnic Minority and Mountainous Areas for the period 2026 - 2035.
The goal is to build a modern, beautiful, unique, sustainable new rural area, associated with urbanization and climate change adaptation. Comprehensive development of ethnic minority and mountainous areas. Implement multi-dimensional, inclusive, sustainable poverty reduction, ensuring gender equality and social security.
Develop the rural economy in a green, circular, ecological direction, associated with restructuring the agricultural sector to increase income, quality of life and narrow development gaps between regions, areas, and population groups, especially ethnic minority and mountainous areas compared to other regions.
Preserving and promoting the fine cultural identity of ethnic minority communities; raising the trust of ethnic minorities in the policies and guidelines of the Party and State...
The goal by 2030 is to strive to increase the average income of rural people by 2.5-3 times compared to 2020, increase the average income of ethnic minorities by 1⁄2 of the national average.
Strive for about 65% of communes nationwide to meet new rural standards, of which about 10% of communes are recognized as meeting modern new rural standards; strive for 5 provinces and cities to be recognized as having completed the task of building new rural areas.
The total state budget allocated for the Program for the 2026-2030 period is about 423,000 billion VND. Of which, the central budget is 100,000 billion VND; the local budget is about 300,000 billion VND; the remaining 23,000 billion VND is policy credit capital.
Regarding the principle of central budget allocation to implement the Program, the Resolution clearly states that investment is focused, key, effective, and sustainable.
Focus on prioritizing the highest central budget allocation to communes and villages in particular difficult circumstances, ethnic minority and mountainous areas, safe zones, borders and islands to create clear changes in socio-economic development, new rural construction, and sustainable poverty reduction.
Ensure unified management of goals, mechanisms, policies, criteria and allocation norms.
Based on the 2026 state budget estimate approved by the National Assembly, the central budget supports local budgets in implementing the Program according to the following principle.
The central budget only supports localities to receive balanced supplements from the central budget, prioritizing localities to receive balanced supplements of 70% or more;
Localities that balance their own budgets are responsible for allocating local budget capital to implement the goals and tasks of the Program;
During the implementation process, the Government ensures the minimum central budget capital balance according to regulations; continues to supplement the central budget balance to submit to competent authorities for consideration, prioritizing additional additions to the Program.
