Improving labour productivity crucial to sustainable economic growth: experts Business

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 Deputy Minister of Planning and Investment Tran Quoc Phuong.
More quality manpower needed for logistics sector Business

More quality manpower needed for logistics sector

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.
ASEAN launches regional study report on labour productivity ASEAN

ASEAN launches regional study report on labour productivity

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 output contracts due to COVID-19 ASEAN

Malaysia’s labour output contracts due to COVID-19

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.