National annual figure for labour productivity set to rise by over 7.5%
The plan is to be implemented in order to make productivity into an important driving force for development across all sectors, largely through the application of new renewal achievements in science, technology, management systems, and tools that help to improve productivity. This is in addition to combining with research, training, and retraining of human resources, in line with Industry 4.0 trends.
This scheme underlines the need to fulfill national science and technology tasks, whilst providing support to local firms in research, innovation, technology transfer, and application in an effort to enhance productivity and total-factor productivity (TFP) based on science, technology, and innovation.
Moving forward, the nation is making every effort to achieve the goal of science and technology contribution through TFP, with this expected to contribute approximately 50% to economic growth.
In line with the plan, between 30 and 35 centrally-run provinces and cities will complete their own plans in order to improve productivity based on science, technology, and innovation, while five to seven groups and corporations will deploy the implementation of productivity plans.
Furthermore, at least 500 small and medium-sized enterprises of centrally-run cities and provinces will launch pilot projects focusing on productivity improvement, whilst continuing to promote research, the application of science and technology, and innovations to boost productivity.
Related News
Vietnam hopes for stronger labour ties with US
15:18 | 16/02/2023 Headlines
Resolution aims for sustainable development of labour market
20:08 | 28/01/2023 Headlines
Boosting labour productivity key to economic development
15:46 | 30/11/2022 Headlines
PM speaks with labourers, addresses work-related concerns
18:33 | 12/06/2022 Headlines
Latest News
VN needs drastic reforms to create firm ground for economic growth: experts
13:57 | 26/04/2024 Headlines
E-commerce contributes $7 million in taxes during 2022-23
13:56 | 26/04/2024 Headlines
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
13:51 | 25/04/2024 Headlines
Investor confidence gains traction on improved business climate
13:46 | 25/04/2024 Headlines
More News
Vietnam's exports to Canada lead among CPTPP countries
09:41 | 25/04/2024 Headlines
Many new regulations aim to drastically remove the IUU "Yellow Card"
15:36 | 24/04/2024 Headlines
PM chairs meeting of national committee for digital transformation
13:42 | 24/04/2024 Headlines
Seize the golden opportunity as retail giants look for supplies in Vietnam
10:34 | 24/04/2024 Headlines
Government’s action programme cracks down on illegal fishing
13:53 | 23/04/2024 Headlines
PM calls on ASEAN to pen strategic development vision
13:50 | 23/04/2024 Headlines
Forum to discuss new initiatives on ASEAN future vision: Deputy FM
15:13 | 22/04/2024 Headlines
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Green transformation and ESG practice to participate in the global competition
18:11 | 21/04/2024 Headlines
Your care
VN needs drastic reforms to create firm ground for economic growth: experts
13:57 | 26/04/2024 Headlines
E-commerce contributes $7 million in taxes during 2022-23
13:56 | 26/04/2024 Headlines
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
13:51 | 25/04/2024 Headlines
Investor confidence gains traction on improved business climate
13:46 | 25/04/2024 Headlines
Vietnam's exports to Canada lead among CPTPP countries
09:41 | 25/04/2024 Headlines