Productivity soars for Vietnam
Vietnamese workers have substantially improved their productivity levels in the last 15 years, according to ICAEW’s latest ‘Economic Insight: South East Asia’ event launched in Ha Noi on 10 June. According to the Institute of Chartered Accountants in England and Wales report, ‘pure productivity’ grew 2.3 per cent and sectoral shifts accounted for 1.7 per cent of productivity growth. ASEAN workers, overall, have had an impressive track record, with productivity growing 3 per cent per year between 2000 and 2015.