Vietnam's labour productivity among lowest in regionDespite having increased at a relatively fast pace in recent years, Viet Nam’s labour productivity remained in the lowest group in East Asia with scores in backbone sectors of the economy even falling behind Cambodia, a report found on Tuesday. Viet Nam’s labour productivity remains low among East Asian countries despite considerable increases in the past few years. According to the report, labour productivity for the whole economy was improving at quite a high rate, at about 22.5 per cent between 2008 and 2016. “Viet Nam’s labour productivity was the lowest in the most important sectors of an economy. “In principle, wage growth should go in line with labour productivity growth to help stably maintain a company’s profit.

Source: VietNamNet News May 09, 2018 04:07 UTC