Reform of the salary system to improve competitiveness in public sector of Vietnam's economy
Abstract
This article analyzes the current situation and proposes solutions to reform the wage system, the core bottleneck in order to improve labor efficiency and competitiveness of the public sector in Vietnam's economy. This article analyzes the current state of the banking and finance sector. In fact, there is a difference in remuneration between the public and private sectors in this area, which makes the brain drain increasing and it is necessary to have sustainable solutions to prevent this situation development in a bad direction that is not beneficial to the national economic sector.
How to Cite This Article
Tran Thanh Quan, Pham Phuong Mai, Phan Thi Chieu My, Bogdan Nogalski, Nguyen Hoang Tien (2022).
Reform of the salary system to improve competitiveness in public sector of Vietnam's economy
. International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 3(1), 512-519.