Vietnam mulls solutions to improve productivity levelVietNamNet Bridge - To ensure sustainable development, economists emphasize the need to reform the growth model and improve productivity. Vietnam's productivity is still lowSome analysts say that productivity is ‘unacceptably low’ because it is even lower than that of Laos. According to the General Statistics Office (GSO), if calculating in accordance with the purchasing power parity of 2011, Vietnam productivity in 2016 would be $9,894, which is 87.4 percent of Laos productivity. In 2013, the Asian Productivity Organization pointed out that productivity relative to purchasing power parity was $8,600 per worker in Laos, higher than the $8,500 in Vietnam. Vietnam has a high proportion of workers in agriculture with low productivity.

Source: VietNamNet News February 06, 2018 09:11 UTC