News

Labor productivity rate on the rise but still too low

The Vietnamese labor productivity rate has been increasing in both value and speed, thus helping boost growth. However, there is still a big gap between Vietnam and developed economies.The 2022 National Statistical Yearbook released by the General Statistics Office (GSO) showed that in 2021, when ...

Manh Ha

Improving labour productivity crucial to sustainable economic growth: experts

Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said ...

'Rice bowl' responsibility robs Mekong Delta of growth opportunities: report

With an annual rice output of 24 million tons a year, or half of Vietnam’s total, the Mekong Delta has been given the responsibility of ensuring food security for the country over several decades, which is both a “destiny” and a “tragedy,” according to a ...

Vien Thong

VN acts to improve labour productivity

Việt Nam will launch a national programme to improve labour productivity, a critical factor for the middle-income country to enhance its competitiveness and develop. This was highlighted in a directive Prime Minister Nguyễn Xuân Phúc issued recently.A pilot programme of accelerating productivity will be held ...

MoST promotes enterprise sci-tech

Businesses are an important driver for the development of science and technology in Vietnam. Deputy Minister of Science and Technology Le Xuan Dinh writes about how the ministry supports local businesses in their quest to boost innovative solutions and technology advancements.The ministry aims to make ...

Vietnam’s labour productivity needs to catch up with ASEAN

Vietnam’s labour productivity has improved but is still low in comparison with other ASEAN members, according to a report by the Ministry of Planning and Investment. The report shows that Vietnam’s labour productivity index reached 102.2 million VND (4,400 USD) per labourer in 2018, nearly double ...

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