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.
Labour market sees fast recovery: Minister Society

Labour market sees fast recovery: Minister

The workforce of Vietnam has recovered quickly and the labour supply chain was not cracked down, Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung told the National Assembly (NA)’s fourth session on October 28.
Over 37% of workforce join social insurance Society

Over 37% of workforce join social insurance

Over 17.08 million Vietnamese people, or 37.01% of the workforce, had joined social insurance by the end of September 2022, up 537,000 people compared to the end of 2021, according to Vice General Director of the Vietnam Social Security (VSS) Le Hung Son.
Young labour force must be trained for 4.0 revolution Society

Young labour force must be trained for 4.0 revolution

The youngest echelons of the Vietnamese workforce must be quickly equipped with the soft and digital skills needed to adapt to the requirements of the 4.0 revolution, a senior official of the Vietnam Chamber of Commerce and Industry (VCCI) has said.
US chip giant assists Vietnam in training workforce Sci-Tech

US chip giant assists Vietnam in training workforce

The US-based electronic design automation (EDA) company Synopsys will assist Vietnam in developing human resources in chip design, as part of a deal signed with the Management Board of Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on August 26.
Tourism sector lacks workforce after COVID-19 Travel

Tourism sector lacks workforce after COVID-19

It is becoming difficult to ensure the quantity and quality of workforce for the tourism sector after the COVID-19 pandemic. The sector needs an influx of quality staff to meet the needs of the rising tourism industry.
Vietnam sees increasing workforce quality Society

Vietnam sees increasing workforce quality

The number of Vietnamese labourers aged from 15 reached some 51.2 million in the first quarter of this year, up 200,000 as compared with the same period last year, according to the General Statistics Office (GSO).
Thai securities firm advocates increasing investment in Vietnam World

Thai securities firm advocates increasing investment in Vietnam

The Asia Plus Securities (ASPS) of Thailand has recommended increasing investment in Vietnam, citing the country’s high growth prospects based on its ample local workforce, low minimum wage and steadily rising per capita income, according to the Bangkok Post.
Singapore urged to hasten workforce transformation World

Singapore urged to hasten workforce transformation

There is urgency to hasten efforts to transform Singapore’s workforce to drive socio-economic growth as the country is recovering from the COVID-19 pandemic, said an article published by The Business Times.