Committee on strengthening national productivity needed Society

Committee on strengthening national productivity needed

The Government needs to establish a national strengthening productivity committee to better labour productivity, thus promoting the economic growth, said Director General of the General Statistics Office of Vietnam Nguyen Bich Lam on August 7.
Minister underlines urgent need to improve labour productivity Society

Minister underlines urgent need to improve labour productivity

Minister of Planning and Investment Nguyen Chi Dung has stressed the urgent significance of improving labour productivity in promoting growth, overcoming the middle-income trap, avoiding falling behind and narrowing down development gap with other countries.
Vietnamese SMEs shown how to enter global supply chains Business

Vietnamese SMEs shown how to enter global supply chains

Vietnam is among the top countries attracting foreign direct investment in the Asia-Pacific region, but the rate of domestic small- and medium-sized enterprises (SMEs) participating in the value chains of foreign-invested companies is rather low, according to the Investment and Trade Promotion Centre of Ho Chi Minh City (ITPC).
Private sector has big role in HCM City’s economic development Business

Private sector has big role in HCM City’s economic development

Seeing the important role of the private sector to local development, Ho Chi Minh City will work to attract more private investment to carry out smart urban area projects and branch out Industry 4.0 services, said Secretary of the municipal Party Committee Nguyen Thien Nhan.
SMEs’ productivity: Better, but still limited Business

SMEs’ productivity: Better, but still limited

Although Vietnam has focused on increasing labour productivity and overall productivity growth, there have been relatively few opportunities for small- and medium-sized enterprises (SMEs) to get customised support as they grow, said Max Bulakovskiy, policy analyst in Global Relations at the Organisation for Economic Cooperation and Development (OECD).