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 Deputy Minister of Planning and Investment Tran Quoc Phuong.
Authorities of the northern province of Bac Giang have concentrated on mobilising and effectively using resources from all economic sectors to develop infrastructure facilities serving agricultural production and rural development.
Increasing labour productivity, ensuring fast and sustainable growth, overcoming the middle income trap, and developing green economy should be priorities in terms of economic reform to help Vietnam grow rapidly and sustainably.
The Ministry of Planning and Investment (MPI) said it has collected opinions from ministries, sectors, localities as well as domestic and foreign organisations and experts on its draft national programme on raising labour productivity and the government's draft resolution on the programme.
Over the two years of the COVID-19 pandemic, partly thanks to support from local authorities, enterprises in Hanoi have managed to not only surmount difficulties but also fulfill their social responsibility.
As the Fourth Industrial Revolution (Industry 4.0) is strongly affecting all socio-economic aspects, requiring each people to improve their all-round capacity, it is necessary to launch a national-scale emulation movement on promoting education and building a learning society, an official has said.
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.
Prime Minister Pham Minh Chinh attended a ceremony held in Hanoi on December 28 to commend the exemplars in a 75,000-initiative programme launched by the Vietnam General Confederation of Labour (VGCL).
A symposium themed “developing smart production in the process of industrialisation and modernisation to 2030, with a vision to 2045” took place on November 9 in the framework of the on-going Industry 4.0 Summit and Expo, the third annual largest-scale forum on Industry 4.0 in Vietnam.
Amid the logistics industry’s development and the Fourth Industrial Revolution, new logistics services have increased and required more quality and creative human resources, heard a forum held both in person and virtually on October 15.
In an era of the fast-changing digital economy, the Association of Southeast Asian Nations (ASEAN), the world’s fifth largest economy, sees high-quality human resources development as key to enhance labour productivity and regional competitiveness.
About 9.1 million people in Vietnam had their employments negatively impacted by the COVID-19 pandemic in the first quarter of this year, with workers in the service sector being hardest hit, according to the General Statistics Office (GSO).
The Regional Study Report on Labour Productivity in ASEAN was launched virtually on February 23, providing an analysis of the current situations and concepts in the field across ten member states and looking into the feasibility of developing a regional index.
Malaysia’s labour productivity contracted by 5.4 percent in 2020, marking the first time since the 2008-2009 global financial crisis, due to the fallout from the COVID-19 pandemic, Malaysia Productivity Corporation (MPC) said on February 22.
Prime Minister Nguyen Xuan Phuc has recently issued a master plan aimed at improving productivity based on utilising science, technology, and innovation for the 2021 to 2030 period, under which the annual target for average labour productivity is expected to surge by over 7.5 % by 2030.
Vietnam expects annual growth of labour productivity to exceed 7.5 percent by 2030, according to a master plan on enhancing productivity based on science, technology and innovation for the 2021 – 2030 period recently issued by the Prime Minister.
HCM City authorities are helping companies access new technologies by promoting linkages between researchers and businesses, but more collaboration is needed, speakers said on May 28 at a meeting in the city.
Prime Minister Nguyen Xuan Phuc chaired a meeting in Hanoi on May 28 between permanent Government members and the central steering committee for the reform of wage and social insurance policies and the one on benefits for national contributors.
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