Could you please elaborate on the importance and the current situation of labour productivity in Việt Nam, given its deep integration into the global economy? To achieve the target of labour productivity growth of 6.5 per cent during the period from 2021 to 2025, labour productivity must increase by 9.8 per cent in the two years from 2024 to 2025. Labour productivity is an important indicator, but it's indirectly calculated, heavily influenced by Total Factor Productivity. The low labour productivity in Việt Nam stems from several factors. Việt Nam has many potentials, resources, and opportunities to enhance labour productivity.

Source: Viet Nam News May 04, 2024 09:15 UTC