DDCI - a tool to promote business climate improvement

Bac Ninh (VNA) – The Department and District Competitiveness Index (DDCI) is designed to build a transparent business environment and promote administrative reform in a locality, heard a conference held in Bac Ninh city, the northern province of Bac Ninh on October 25.

At the event, which was jointly held by the Bac Ninh Institute for Socio-Economic Development Studies and the Friedrich Naumann Foundation for Freedom, participants clarified the significance of DDCI in improving the Provincial Competitiveness Index (PCI) and shared experience in building and implementing DDCI in Bac Ninh and Quang Ninh provinces.

Speaking at the conference, Vice Chairman of the provincial People’s Committee Nguyen Tien Nhuong said that Bac Ninh always sees improving business climate as its priority mission to build a transparent administrative system to attract investment.

DDCI is a breakthrough tool to promote administrative reform, he added.

The index has been carried out in Quang Ninh, Bac Ninh, Thua Thien-Hue, and Phu Yen provinces.

Bac Ninh province first implemented and announced the index in 2016. It helps measure the efficiency of economic management of the local government through eight criteria, including transparency, proactivity of leadership, time costs of regulatory compliance, informal charges, policy bias, legal institutions, business support and accountability of the leader.-VNA