The GSO said labour productivity has improved considerably in recent years, helping Vietnam record a high productivity increase compared to other ASEAN nations.
Based on the 2011 purchasing power parity, it rose by an annual average of 4 percent between 2008 and 2018, higher than the average growth rate of Singapore (0.9 percent), Malaysia (1.1 percent), Thailand (2.6 percent), the Philippines (3.3 percent), and Indonesia (3.4 percent).
However, the labour productivity gap between Vietnam and other countries is still widening, showing that the economy faces challenges to keep up with labour productivity of other nations, the GSO noted.
