News
Why Vietnamese labor productivity is rated low
A recent report from the World Bank said Vietnam’s labor productivity increased by 64% during the 2010-20 period, faster than any other country in Asia. But data from the Asian Productivity Organization shows that in 2020 Vietnam’s labor output per hour was only US$6.4, less than ...
Phan Duong
Reduced working hours must go hand-in-hand with improved productivity
The Vietnam General Confederation of Labour (VGCL), the sole representative of Vietnamese worker’s interests and unified trade union organisation in the country, has for the second time this year called on the Government to reduce the weekly working hours for the private sector workers from ...
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 ...
