PM launches national labour productivity movement

Wednesday, 2019-08-07 17:35:27
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Prime Minister Nguyen Xuan Phuc speaking at a conference on improving national labour productivity (Photo: NDO/Tran Hai)
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NDO/VNA – Prime Minister Nguyen Xuan Phuc launched the national labour productivity movement during a conference held in Hanoi on August 7.

According to data released by the General Statistics Office (GSO), the labour productivity in Singapore, Malaysia, Thailand and Indonesia was 13.7, 5.3, 2.7 and 2.2 times higher than that of Vietnam in 2018.

The mining sector recorded the highest labour productivity while agro-forestry-fisheries posted the lowest, only about 38.9% of the whole economy’s.

The GSO attributed it to the small economic size, outdated machinery, limited workforce quality and poor management of resources.

However, the PM said the labour productivity remains low but has increased steadily over years.

In order to raise labour productivity, he outlined six major orientations, including refining socialist-oriented market economy mechanism, improving State governance and national competitiveness, promoting shift of labour structure to quality services, reforming finance-banking, accelerating reform in State and private sector, attracting foreign direct investment in priority fields, as well as integrating into the global economy.

Six tasks include refining mechanisms to effectively tap into. resources, improving the effectiveness of labour market in both supply and demand, attracting talents at home and abroad, enhancing education quality which should be considered the top national policy in the current situation while paying attention to investing in science-technology.

The Ministry of Planning and Investment was assigned to collect feedback at the event to devise laws to submit to the PM for consideration.

Concluding the event, the leader said improving labour productivity is an important task that needs the involvement of the entire political system, business community, and contingent of scientists, researchers and managers.