The central city of Da Nang has once again topped Vietnam’s ProvincialCompetitiveness Index (PCI), finishing in first place in 2014, theVietnam Chamber of Commerce and Industry (VCCI) and USAID announced onApril 16.
Da Nang City scored 66.87 points, followed bysouthern Dong Thap province with 65.28 points and northern mountainousLao Cai province with 64.67 points. Ho Chi Minh City ranked fourth withscored 62.73 points making it into the top five for the first time inten years.
According to the PCI research group, Da Nang’s strongperformance was buoyed by the successful organisation of its “Year of DaNang Enterprises 2014” programme. During the year, practical activitieswere implemented to support businesses in the locality, promoteadministrative procedure reform and tackle difficulties facingcompanies.
The provinces of Quang Ninh, Vinh Phuc, Long An, Thai Nguyen, Kien Giang and Bac Ninh also made it into the top ten.
The average PCI score in 2014 rose to 58.58 points, an improvementfrom the 57.81 points averaged in 2013. This suggests a positive changein the management quality of the local authorities.
VCCIPresident Vu Tien Loc said that the thriving business climateexperienced in provinces nationwide was the highlight of the PCI report.
Hestressed that over 46 percent of the interviewed enterprises planned toenlarge their business scale in the next two years, up 32.5 percentfrom the figure in 2013. Up to 50 percent of FDI enterprises have thesame intention.
The PCI report consiers a range of criteria,including land access for businesses, land use stability, transparency,an equal and competitive environment and legal support for firms.
Since 2005, the PCI survey has drawn the participation of nearly 80,600 private owned enterprises and 7,800 foreign enterprises.-VNA
Da Nang City scored 66.87 points, followed bysouthern Dong Thap province with 65.28 points and northern mountainousLao Cai province with 64.67 points. Ho Chi Minh City ranked fourth withscored 62.73 points making it into the top five for the first time inten years.
According to the PCI research group, Da Nang’s strongperformance was buoyed by the successful organisation of its “Year of DaNang Enterprises 2014” programme. During the year, practical activitieswere implemented to support businesses in the locality, promoteadministrative procedure reform and tackle difficulties facingcompanies.
The provinces of Quang Ninh, Vinh Phuc, Long An, Thai Nguyen, Kien Giang and Bac Ninh also made it into the top ten.
The average PCI score in 2014 rose to 58.58 points, an improvementfrom the 57.81 points averaged in 2013. This suggests a positive changein the management quality of the local authorities.
VCCIPresident Vu Tien Loc said that the thriving business climateexperienced in provinces nationwide was the highlight of the PCI report.
Hestressed that over 46 percent of the interviewed enterprises planned toenlarge their business scale in the next two years, up 32.5 percentfrom the figure in 2013. Up to 50 percent of FDI enterprises have thesame intention.
The PCI report consiers a range of criteria,including land access for businesses, land use stability, transparency,an equal and competitive environment and legal support for firms.
Since 2005, the PCI survey has drawn the participation of nearly 80,600 private owned enterprises and 7,800 foreign enterprises.-VNA
