With Scholes now guaranteed to be at Old Trafford for at least another season, Giggs is confident that the midfielder can play a big part in helping the club wrest the Premier League title from Manchester City's grasp.
"It's massively important that we can keep that sort of quality at the club," Giggs said.
"I think actually it's probably been the best he's ever played since he's come back. He just doesn't give the ball away, he controls the tempo of games.
"In training and in games you find yourself laughing because he makes it look so easy.
"He's easily the best player I've played because he makes it looks so easy."