The program sets a target of raising the average labor productivity growth by 6.5%, with that of the processing and manufacturing industry being 6.5-7%, agro-forestry-fishery 7-7.5%, and service sector 7-7.5%.

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The program sets a target of raising the average labor productivity growth by 6.5%.

Meanwhile, the labor productivity growth rate of key economic regions and five centrally-run cities is higher than the national average in the 2022-2030 period.

The program also highlights initiatives to boost labor productivity, including the establishment of a national productivity committee and the organization of policy dialogue on the issue, regular discussion with the business community, investors and labors to handle barriers to labor productivity improvement.

Additionally, the country will integrate measures to enhance labor productivity into programs, mechanisms and policies to build digital Government, digital economy and digital society, while promoting digital transformation in every sector, field and business.

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The Prime Minister on November 8 issues a decision approving the national program on labor productivity improvement by 2030.

In the meantime, it will work to enhance economic restructuring to better competitive edge of sectors.

Source: VNA