Total Workforce Index 2020 has identified the top five markets globally for cost efficiency: the Philippines, Croatia, Morocco, Vietnam and Thailand. Photo ManpowerGroup
HCM City, (VNS/VNA) — The US, New Zealand and Canada are the mostattractive cou♏ntries for employer investment based on 200factors that evaluated skills availability,🎶 cost efficiency,regulation and productivity, while Vietnam is among the top fivein cost efficiency, according to ManpowerGroup TalentSolutions’ Total Workforce Index (TWI).
The annual TWIreport combined Big Data with expert analysis to identify theworkforce engagement potential of 76 markets. New Zealand, HongKong, Singapore, Japan and the Republic of Korea were ranked as thetop markets in the Asia-Pacific region, according to the report.Singapore and Hong Kong ranked highly for workforce productivity. The TWI alsoidentified the top five markets globally for cost efficiency: thePhilippines, Croatia, Morocco, Vietnam and Thailand. These markets are drivenby favourable country dynamics, such as cost of labour and regulations. The average Vietnamesemonthly wage was 321 USD a month in 2020, up by 32.6 percent comparedto the year earlier, while the regional average was 1,835 USD a month. In an increasingly complexglobal market, access to skilled talent is a top priority for organisationslooking to build or grow their business. For this year’sanalysis, ManpowerGroup Talent Solutions took a deeper look at talentavailability, comparing the percentage of remote-ready workforces indifferent markets and exploring the availability of cybersecurity resources. IT skills, particularlythose that support remote work such as cybersecurity, continue to be in demand,along with an ongoing need for medical, operations and logistics skillsand roles that are deemed essential. /.
Vietnam continues to be a very attractive destination for investment despite, or perhaps because of, everything that is happening in the world, experts from investment management firm VinaCapital have said.
Vietnam has joined the ranks of countries in the world with high human development, but this remarkable progress has been accompanied with relatively high pressures on the planet.
If the sex ratio at birth remains unchanged, Vietnam is likely to record an excess of 1.5 million males aged 15-49 by 2034 and 2.5 million by 2059, an in-depth study of the 2019 population and housing census reveals.
The United Nations Industrial Development Organization (UNIDO) recorded Vietnam climbing two places in its Competitive Industrial Performance (CIP) Index as part of its recent report.
Prime Minister Nguyen Xuan Phuc has said that improving workers’ lives and working conditions is an important and urgent task of the Party, State, entire political system and society, in which trade unions play a major role.
PM Pham Minh Chinh has called on global tech giants to bolster cooperation with Vietnam to assist with the country's efforts to drive a startup and innovation ecosystem.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.
Total Workforce Index 2020 has identified the top five markets globally for cost efficiency: the Philippines, Croatia, Morocco, Vietnam and Thailand. Photo ManpowerGroup 
