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productivity

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Vietnamese salary a seventh of regional median

Vietnamese salary a seventh of regional median

The average wage in Vietnam is only one-seventh that of Asia Pacific, with a low ratio of skilled labor impeding productivity.
Having manual workers work more than others 'unfair': labor confederation

Having manual workers work more than others 'unfair': labor confederation

It is unfair that manual workers have to work eight hours more per week than others, the Vietnam General Confederation of Labor says.
September 23, 2019 | 07:56 pm PT
Workers’ well-being in the crosshairs as NA debates overtime extension

Workers’ well-being in the crosshairs as NA debates overtime extension

Workers’ health and well-being took centerstage as Vietnamese parliament discussed raising the annual overtime limit to 400 hours.
June 13, 2019 | 01:59 am PT
Vietnam economy to become larger than Singapore’s in 10 years: DBS Bank

Vietnam economy to become larger than Singapore’s in 10 years: DBS Bank

Vietnam’s economy could surpass Singapore’s by 2029 thanks to rising foreign investment and productivity growth, the Singaporean creditor says.
May 28, 2019 | 10:52 pm PT
Vietnam's low labor cost appeal waning: Fitch

Vietnam's low labor cost appeal waning: Fitch

With recent minimum wage increases, Vietnam’s low labor cost allure for foreign investors is on the decline, says a Fitch Group report.
May 28, 2019 | 06:29 pm PT
Vietnam tourism staff productivity small fraction of Singaporean peer

Vietnam tourism staff productivity small fraction of Singaporean peer

Vietnamese tourism employees’ productivity is way lower than Singapore, yet it’s a struggle to find people to work.
April 16, 2019 | 05:11 pm PT
Vietnam per capita income matches Malaysia’s 20 years ago

Vietnam per capita income matches Malaysia’s 20 years ago

Vietnam’s recent economic achievements notwithstanding, much effort is needed for it to close the gap with other countries, a minister has said.
January 30, 2019 | 05:37 pm PT
Vietnam labor costs highest among ASEAN comparators

Vietnam labor costs highest among ASEAN comparators

Vietnam’s labor cost is the highest among comparator countries in Southeast Asia, a World Bank report says.
December 21, 2018 | 06:00 pm PT
Vietnam to up minimum wage by 5.3 pct in 2019

Vietnam to up minimum wage by 5.3 pct in 2019

Vietnam will raise the minimum monthly wage by VND160,000-200,000 ($6.86-8.58) depending on the region from January 1, 2019.
December 14, 2018 | 12:53 am PT
Vietnam's productivity lags behind Laos

Vietnam's productivity lags behind Laos

The productivity gap between Vietnam and its neighbors is widening due to outdated technology and a low-skilled workforce.
December 29, 2017 | 01:29 am PT
World Bank urges Vietnam to overhaul agriculture sector

World Bank urges Vietnam to overhaul agriculture sector

"Lead less and facilitate more" was the message directed at the government.
September 27, 2016 | 05:52 am PT
Retirement could be a long way off for aging Vietnamese workers

Retirement could be a long way off for aging Vietnamese workers

Lawmakers are set to debate a new proposal to lift the retirement age in Vietnam.
September 15, 2016 | 03:47 pm PT
Vietnam mulls pooling farmland to boost productivity: official

Vietnam mulls pooling farmland to boost productivity: official

Combining small-scale farms could be the key to unlocking the sector's potential.
September 10, 2016 | 07:31 pm PT
Vietnam's aging workforce on the road to retirement

Vietnam's aging workforce on the road to retirement

The country is scrambling to turn its aging population into an advantage.
September 6, 2016 | 09:00 pm PT
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