To better understand the situation and solutions to increase labour productivity, Vietnam News Agency spoke with the former general director of GSO, Dr Nguyen Bich Lam.
With many businesses looking to bring their employees back to the office, careful planning is extremely necessary, not only for the health and well-being of their employees but also for the cybersecurity of companies.
Viet Nam should focus on a productivity-driven development model to become a high-income economy by 2045, according to the latest report from the World Bank (WB).
Labour productivity is a decisive factor for the economy’s and every enterprise’s competitiveness and Viet Nam''s is modest compared to other countries in ASEAN.
Improving labour productivity is vital for Vietnamese businesses in the context of Industry 4.0, with rapid increases in digitalisation, robotisation and intelligent automation, experts said.
Seventy-three per cent of businesses from Hong Kong (China) expressed their intention to open additional factories in ASEAN countries, with Viet Nam coming out on top as their first pick.