Quang Ninh Continues to Top PCI 2019

2:08:03 PM | 5/5/2020

 “Spreading the message of business environment reform” is the theme of the Provincial Competitiveness Index (PCI) Report 2019 launched online by the Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) this morning.

With 73.40 points, an increase of 3.04 points compared to that of 2018, Quang Ninh for the third time secured the No. 1 position in the PCI rankings, followed by Dong Thap with 72.10 points.

PCI 2019 recorded a great stride of Vinh Long province when it rose from the 8th place with 65.53 points in 2018 to the 3rd place with 71.30 points. Ho Chi Minh City slipped to the 14th place. Da Nang and Hanoi remained unchanged in the rankings, securing the 5th and the 9th position respectively.

The launch of PCI report is an expected event of the year with indicators measuring and evaluating governance quality and business environment and administrative reform efforts of provinces and cities throughout the country, thereby promoting the development of the private sector. The PCI 2019 report is the 15th edition administrated and developed by VCCI and USAID, which surveys into nearly 12,500 domestic and foreign enterprises. For the first time, the PCI report 2019 analyzes the trend of automation and digitalization in goods production, service provision of Vietnamese businesses, forecasting the impact of this trend on labor and jobs in the future.

Addressing the event, Dr. Vu Tien Loc, VCCI President, said “The PCI result of this year is shaping a positive trend in reform at the local level of the country. This year’s index has the highest average score ever, featuring a narrowing gap in the governance quality among provinces and cities.”

“The creative dynamism of local governments has increased with remarkable improvement in solving difficulties and obstacles against businesses, and up to 80% of businesses expressed their satisfaction with the behavior of the local authorities," Dr. Loc emphasized.

 Source: Vietnam Business Forum