Productivity must play bigger role

Productivity must play bigger role

Financial institutions are urging Vietnam to improve its labour productivity, which is key to ensuring economic growth at a more sustainable pace.
Gap must be narrowed in nation’s labour productivity

Gap must be narrowed in nation’s labour productivity

There looks to be plenty of space to enhance labour productivity in Vietnam so that it can become a major driving force for its economic growth.
Acceleration of 4.0 tech to help prepare new job creation

Acceleration of 4.0 tech to help prepare new job creation

Vietnam is embarking on its next development stage as a lower middle-income country pursuing innovation to achieve further sustainable development – thus, raising labour productivity in enterprises is considered a key to create a new growth model.
Boosting labour productivity to cope with pandemic aftermath

Boosting labour productivity to cope with pandemic aftermath

Nguyen Chi Truong, director of the Occupational Skills Department at the Ministry of Labour, Invalids, and Social Affairs, spoke to VIR’s Thai An on preparing properly for the recovery of the labour market after the pandemic threat drops.
Vietnam’s labour productivity needs to catch up with ASEAN

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.
Intra-industry productivity rise essential to boost efficiency

Intra-industry productivity rise essential to boost efficiency

Vietnam’s labour productivity remains low, making it difficult for firms to perform. Nguyen Bich Lam, general director of the General Statistics Office, talked with VIR’s Manh Bon about what is needed to foster a competitive labour force in the country.
Law revision may impede business

Law revision may impede business

With Vietnam’s low labour productivity and overtime, a proposal on reducing working hours in the latest draft amendments to the Labour Code – if adopted – could become a burden for the business community.
HCM City seeks ways to train workforce with int’l standards

HCM City seeks ways to train workforce with int’l standards

The Ho Chi Minh City People’s Committee held a seminar on August 15 to discuss workforce training in accordance with international standards for the 2020 – 2030 period.
Three key factors to increasing Vietnam's labour productivity

Three key factors to increasing Vietnam's labour productivity

The key is increasing investment in training skilled employees, modernising technology and manufacturing lines, and improving the management capacity of CEOs.
Technology application—a new trend in HR training ahead of CPTPP

Technology application—a new trend in HR training ahead of CPTPP

As demand grows for qualified manpower, technology applications in HR training are predicted to become a popular trend ahead of the enforcement of the CPTPP.
Vietnam is losing ‘cheap’ labour cost advantage

Vietnam is losing ‘cheap’ labour cost advantage

Vietnam has experienced robust wage growth while a new ILO report shows a worse slowdown in global wages.