Hai Phong drops seven positions in PCI ranking

With 64.48 points, the northern port city of Hai Phong has slipped seven positions to 16th out of 63 localities nationwide in the Provincial Competitiveness Index (PCI) in 2018.
Hai Phong drops seven positions in PCI ranking ảnh 1Illustrative image (Source: VNA)

Hai Phong (VNA) – With 64.48 points, the northernport city of Hai Phong has slipped seven positions to 16th out of 63 localitiesnationwide in the Provincial Competitiveness Index (PCI) in 2018.

According to the PCI Report 2018 by the Vietnam Chamber ofCommerce and Industry and the US Agency for International Development (USAID) inVietnam, the city scored 6.12 points in time cost; 5.21 points in policy bias;7.81 percent points in labour policy.

The drop showed that the city’s performance in economicmanagement, business environment and efforts in administrative reform have yetto meet the expectation of the business community.

In the recent three years, the city has recorded a number ofachievements in socio-economic development. Under the Politburo’s ResolutionsNo.45 dated January 24, 2019, the city is expected to become a leading localityin modernisation and industrialisation and a driving force for socio-economicgrowth of the northern region and the whole country.

By 2025, the city will basically complete the modernisationand industrialization process, and become a smart city by 2030.

Under the PCI Report 2018, the northern province of QuangNinh continues to be the leading locality in the field with 70.36 points,followed by the Mekong Delta provinces of Dong Thap and Ben Tre with 70.19points and 68.09 points, respectively.-VNA
VNA

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