This was highlighted in a directive Prime Minister Nguyen Xuan Phuc issued recently.

Labour productivity is a decisive factor for the economy’s and every enterprise’s competitiveness and Vietnam's is modest compared to other countries in ASEAN.

A worker of Texhong Garment Companies Ltd, in Thai Binh province.

Several strategies and plans will be developed to boost labour productivity via the programme.

PM Phuc asked the Ministry of Planning and Investment to develop a plan to implement a national labour productivity campaign to boost national competitiveness.

A pilot programme of accelerating productivity will be held in several selected sectors and localities before being implemented nationwide.

A national strategy for developing technology enterprises would also be developed and proposed to the Government this year, with a focus on developing digital, hi-tech and innovation enterprises.

Besides, foreign direct investment (FDI) attraction strategy must create a boost to labour productivity, the PM said.

He also asked the ministry to develop a strategy to encourage private firms to extend their reach to regional and global markets.

The Ministry of Science and Technology would be in charge of developing a master plan to boost productivity based on science, technology platforms and innovations, together with a national programme about supporting enterprises to improve productivity and product quality.

The ministry must also raise measures to attract resources and investments in science, technology and innovation, especially from private firms.

In addition, the Ministry of Industry and Trade will raise measures to boost the development of e-commerce and focus on developing products with higher added value in the global value chain, especially of the manufacturing and processing industry, to create a transition of labour from agriculture to industry.

Within agricultural production, the transition from labour-based to technology-based production would be encouraged. The industrialisation of agricultural production must be strengthened, the Government leader asked.

Notably, the decree stressed accelerating national digital transformation would also be critical to enhancing labour productivity, which would include the development of e-government and national databases.

Opportunities from free trade agreements must be grasped to attract FDI, improve productivity and promote the transition of the economic structure.

In addition, credit policies will focus on production and business and direct the flow into sectors with high value.

Salary policies would be reformed to attract talents, according to the decree.

Institutional reforms and improving State management efficiency, business climate, infrastructure systems must be hastened to create the best conditions for businesses.

Statistics from the Asian Productivity Organisation showing that the per-hour labour productivity level of Vietnam was 5.2 USD, higher than Cambodia and Myanmar, but lower than Laos.

Vietnam’s labour productivity was equivalent to just 8 percent of Singapore's and 35.86 percent of Thailand's.

Vietnam JMC Co.,Ltd to spend over 4 billion VND as laborers’ Tet bonus

(BGO) – To welcome the upcoming 2020 Lunar New Year (the Year of the Mouse), the leader board of Vietnam JCM Company Limited in Hong Thai commune, Viet Yen district (Bac Giang province) decided to spend over 4 billion VND (over 172,500 USD) to give Tet bonus to the laborers.

Workers, public servants and labors cared for Tet

(BGO) – The Labor Federation in the northern province of Bac Giang has implemented the Plan to organize the activities to care for the trade unionists, workers, public servants and labors on the 2020 Lunar New Year (Year of the Mouse).  

Close and synchronous control over labor export

(BGO) – Bac Giang has been recently a top leading locality among the Northern mountainous provinces in the number of labors exported. However, there arise many issues relating to the governmental control over the labor export.  

Tan Yen: Nearly 500 participants join Labor Cultural Festival

(BGO) – The Labor Federation in Tan Yen district, Bac Giang province on November 10 coordinated with the Party Committee of the Enterprise Block and Cultural House of Bac Giang provincial Labor Federation to organize the sixth Labor Cultural Festival.

Vietnam, Belgium boost economic collaboration

Vietnam and Belgium will continue working to strengthen and deepen cooperative ties in various sectors, particularly in economy, trade and investment.

Source: VNA