Vimico: Actively innovate to achieve success
After 4 years of equitization, Thai Nguyen Nonferrous Metal Joint Stock Company (VIMICO) has constantly applied solutions to improve productivity, improve corporate governance and reorganize production, thereby labor productivity has increased markedly. Actively innovate Although being a traditional company with nearly 40 years in the field of non-ferrous metal production, however,...
Technological transformation to increase labor productivity
Labor productivity of Vietnam is far lower than other countries in the region, at an alarming rate, only by 7.2% compared to Singapore, about 37.4% compared to Thailand.etc However, according to a practical study, Vietnamese workers working abroad are highly productive. Because other countries apply supporting science and technology, filter out...
Online talkshow: Solutions to promote productivity of important local goods quality
On the morning of January 17, Vietnam Quality held a Seminar on the topic “Solutions to promote quality productivity for important local goods”. The development of key goods is one of the key strategies of the localities for sustainable socio-economic development in an increasingly deep economic environment. In fact, many localities...
Tra Vinh: Investing in improving product quality
Thanks to the support from the industrial promotion capital, many rural industrial enterprises of Tra Vinh boldly invest in modern technology to improve the quality and enhance the local products and expand the market and export oriented. Present at a supply-demand connection program by TP. Ho Chi Minh recently organized, Ms....
Risk assessment tool to help the textile industry offer solutions for sustainable development ...
In order to improve the management and water use efficiency of the textile and garment industry, the International Organization for Conservation of Nature (WWF), together with the Vietnam Textile and Apparel Association (VITAS), conducted a study to assess water risks that may affect the textile and garment industry in the coming...
Looking for new growth motivation
A topic that may not be in the top of the Vietnam’s typical economic events in the 2018 rankings but foretold a good future. It is the fact that Vietnam has not only reached the Top 11 fastest growing economies in the world in the past 20 years but also be...
Labor productivity of Vietnam in the context of integration
In Vietnam, according to the National Statistical Indicator System, labor productivity reflects the performance of labor, measured by the average GDP per employee during the reference period. Labor productivity indicators are often disaggregated by economic sector and economic type. According to the General Statistics Office, labor productivity of Vietnam in the...
Tan An Phu: Reduce the rate of customer complaints thanks to the application ...
In 2018, Tan An Phu Manufacturing and Trading Co., Ltd reduced customer complaints from 12% to only 2% thanks to the application of ISO 9001. In order to improve the competitiveness of its peers, the management of Tan An Phu Company recognized the urgent need of having a unified management system...
The “breakthrough” growth year of Vietnam’s textile and garment industry
Called “breakthrough” because since 2011 until now, 2018 is the year with the highest growth rate with nearly 17%, export turnover increased by more than 5 billion USD compared to 2017. According to Mr. Le Tien Truong, General Director of Vietnam Textile and Garment Group (Vinatex), 2018 could be called a...
Increased labor productivity improves the quality of economic growth 2018
According to the General Statistics Office, in 2018, the contribution of total factor productivity (TFP) to GDP growth reached 43.50%, the average of 3 years 2016-2018 reached 43.29%, much higher than average 33.58% of the period 2011-2015. Labor productivity increased by 346 USD Accordingly, the labor productivity of the whole economy...
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