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Update news labor productivity
A study by the Iceland-based Association for Sustainability and Democracy (ALDA) and the British policy think-tank Autonomy concluded that Iceland's four-day workweek model has been a great success.
VietNamNet Bridge - Compared to 2010, the average productivity per worker in Vietnam increased nearly 24%, but it was not enough to offset the gap in productivity with other countries in the region.
VietNamNet Bridge – The Central Institute for Economic Management has warned that low labor cost will soon be no longer an advantage of Vietnam and therefore the country should take prompt action to raise labor productivity.
VietNamNet Bridge – Managers of state-owned enterprises (SOEs) complain they receive “starvation wages”, but labor experts say the salaries are too high compared with their productivity.
VietNamNet Bridge – A cheap labor force is no longer a great advantage for Vietnam in attracting foreign direct investment (FDI), while a low labor productivity rate is not helping matters, either.