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

Five-year scheme to speed up digital transformation in vocational training

Deputy Prime Minister Vu Duc Dam has signed a decision approving a digital transformation programme in the vocational training sector in the 2021-2025 period with a vision to 2030.The targets of the programme include rolling out vocational training activities in the digital space, strengthening the ...

New development model needed for Mekong Delta: study

The Cửu Long (Mekong) River Delta needs a new development model to tackle existing challenges it faces and develop in line with its potential, a ceremony held to release the 2020 Mekong Delta Economic Report in Cần Thơ City on December 14 heard. The report ...

Workshop discusses future of Vietnamese labour market

Experts discussed the future of the Vietnamese labour market at an online workshop hosted by Nhan Dan (The People) newspaper last week.Dr Bui Sy Loi, Vice Chairman of the National Assembly’s Committee of Social Affairs, said one of the biggest changes of the labour market ...

International vocational training to be extended across country

Vocational training schools in Vietnam will continue to use curricula transferred from Australia and Germany until the end of 2020 and 2025, respectively, following the Prime Minister’s approval to extend the technical vocational education and training (TVET) reform plan.The plan, developed by the Ministry of Labour, Invalids ...

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 workers feel productive for less than 6 hours a day

68 percent of Vietnamese workers feel they are productive for just 4 to 6 hours per day, a recent survey has found. Only 14 percent of respondents reported feeling productive for over 7 hours per day, the survey covering 500 office workers and 200 employers carried ...

Hung Le

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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