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Vietnam is the 4th best country in converting wealth into well-being

Vietnam is the 4th best country in converting wealth into well-being

But the socialist oriented market economy seems to be holding back the country in infrastructure and markets, according to Boston Consulting Group Vietnam.
Vietnamese productivity lags behind Asian neighbors

Vietnamese productivity lags behind Asian neighbors

Vietnam’s annual average labor productivity has increased since 1992, but it has proven difficult for the country to catch up with other countries in Asia.
April 25, 2016 | 01:04 am PT
Vietnamese productivity falls short of regional counterparts

Vietnamese productivity falls short of regional counterparts

Despite Vietnam's increasing productivity, it is still not enough for Vietnam to compete with larger Asian countries. 
April 26, 2016 | 05:03 pm PT
Vietnam’s economic growth to expand 6.9 pct in 2016-2017: UN report

Vietnam’s economic growth to expand 6.9 pct in 2016-2017: UN report

Vietnam’s economic growth is expected to grow 6.8 percent - 6.9 percent in 2016 and 2017 mainly on the back of continued consumer demand, said the United Nations on Thursday in its latest report for the Asia-Pacific region.
April 28, 2016 | 02:55 am PT
Vietnam's declining productivity growth may counter benefits from TPP: World Bank

Vietnam's declining productivity growth may counter benefits from TPP: World Bank

Vietnam might miss out on the chance to become an upper-middle income country by 2035 due mainly to declining productivity growth, said the World Bank at a workshop on Tuesday.
May 18, 2016 | 12:35 am PT
Farm productivity down despite increased line of credit

Farm productivity down despite increased line of credit

The government has been asking banks to offer more loans to the agricultural sector to boost productivity, but to no avail.
July 13, 2016 | 05:00 am PT
Too hot to work: Vietnam to lose $85bn in labor productivity by 2030

Too hot to work: Vietnam to lose $85bn in labor productivity by 2030

“Work in the sun adds to the heat exposure and creates higher hourly losses.” 
July 26, 2016 | 03:30 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
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
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
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
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
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 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
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