Vietnamese labor productivity lags behind ASEAN neighbors: report

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One year before the ASEAN Economic Community (AEC) is set to bring greater mobility to the region, Vietnamese labor productivity has been found lagging behind its neighbors. 
The International Labor Organization (ILO) recently announced that labor productivity in Vietnam is among the lowest in the Asia – Pacific region.
A survey conducted last year by the organization found that Singaporean productivity was nearly 15 times that of Vietnam's, while Japan's was 11 times higher and South Korean 10 times higher.
Vietnam's productivity was just one-fifth of Malaysia's, and two-fifths that of Thailand, according to the ILO study.
The report also pointed out a recent slowdown in Vietnam’s productivity growth.
From 2002-2007, productivity increased by 5.2 percent on average every year, among the fastest in the region.
Since 2008, however, that rate has fallen to 3.3 percent.
One year before the ASEAN Economic Community (AEC) is set to bring greater mobility to the region, Vietnamese labor productivity has been found lagging behind its neighbors. 
During a conference held by the National Assembly’s Standing Committee last August,  Vietnamese labor productivity was described as 61.4 percent of the region’s average and down near the bottom of the list with Myanmar and Cambodia, VnExpress reported Tuesday.
Vietnamese laborers’ were below average, in terms of height, weight and strength, the wire service quoted Dr. Bui Sy Loi, vice chairman of the NA’s Social Affairs Committee as saying. 
Loi also claimed that Vietnamese laborers failed to exhibit the physical requirements to operate high-tech construction equipment.
He also said that Vietnamese laborers’ discipline was poor compared to other regional countries.
ILO also recently announced a major concern among employers about the region's lack of a skilled workforce, even though they believe that greater labor mobility will be among the benefits brought by the ASEAN Economic Community (AEC), which is set to start next year.
The organization said that nearly 50 percent of ASEAN employers interviewed found secondary school graduates do not have the skills they need.
Over 50 percent of respondents, meanwhile, said university graduates had value-adding skills, but enrollment in tertiary education remains low.
The skills most in demand are management and leadership, followed by vocational and technical skills, and customer service, according to the report.

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