Hanoi striving to improve Provincial Competitiveness Index

The People’s Committee of Hanoi recently directed its departments and sectors to focus on improving the city’s Provincial Competitiveness Index (PCI).
Hanoi striving to improve Provincial Competitiveness Index ảnh 1A corner of Hanoi (Photo: VNA)
Hanoi (VNA) – The People’s Committee of Hanoi recently directedits departments and sectors to focus on improving the city’s ProvincialCompetitiveness Index (PCI).

According to the 2021 PCI rankings announced by the VietnamChamber of Commerce and Industry (VCCI) on April 27, Hanoi ranked 10th among the 63 provinces and cities, down one notch compared to that in 2020 and 2019, butup 14 places against 2015 and 41 against 2012.

Last year, among the 10 sub-indexes, eight reported improvements,with that related to “Labour training” ranking first in the nation, up threeplaces, and “Business support services” sub-index rising nine steps to thefourth place.

Two reporting decreases were the “unofficial costs”sub-index down three notches to the 29th place, and the transparencyand access to information falling 23 steps to the 57th place.

To better the PCI index, the municipal People’s Committeeasked departments, sectors and districts to take measures to improvesub-indexes reporting decreases, and those having low ranks.

The committee urged the municipal Department of Informationand Communications to expand the application of information technology (IT) in the operation of State agencies, focus on developing the e-government, and build andimplement several programmes and projects such as “Hanoi digital transformationprogramme by 2025, with a vision to 2030”, “Building a smart Hanoi by 2025,with a vision to 2030”, and “Hanoi’s e-government”.

The Office of the municipal People’s Committee, departments,sectors, and People’s Committees of districts and towns were required topublicise information on their websites and e-portals, and update and haveclear guidance on the city’s construction and land use planning, socio-economicdevelopment plans, decisions, policies and administrative procedures.

Since 2005, the VCCI and the US Agency for International Development (USAID) have cooperated to produce the annual PCI report to measure the quality of economic management, the level of convenience and friendliness of the business environment, and administrative reform efforts made by provincial governments, thus promoting the development of the private sector.

According to VCCI Chairman Pham Tan Cong, the PCI reports over the last 17 years have attested to the persistence and efforts of the Government, sectors and localities, and the business community in objectively and transparently recognising the improvement of the provincial-level business environment.

The PCI survey in 2021 shows that, in the context of difficulties caused by the COVID-19 pandemic, the quality of provincial economic management in Vietnam is continuing to improve, Cong said.

Administrative reform has had positive changes, with increased efficiency and effectiveness at local levels. Anti-corruption efforts are also working to reduce the informal cost burden on businesses.

However, provincial authorities still need to step up the settlement of administrative procedures in the online environment, focusing on the fields of taxation, land, social insurance, the environment, construction, fire prevention and control, and market management, Cong stressed.

The PCI 2021 report also delves into the challenges faced by private enterprises and foreign-invested enterprises, including how they responded to COVID-19 as well as their assessment of pandemic prevention measures implemented by local authorities.

Addressing the event to announce the index, US Ambassador to Vietnam Marc E.Knapper emphasised that the US government is proud to have worked with the VCCI over the past 17 years to help the PCI become an important tool for investors looking for opportunities in Vietnam.

This tool has stimulated improvements in the quality of economic governance in localities, thereby unlocking the door to private-sector-led growth, he said.

The northern coastal province of Quang Ninh ranked first the 2021 PCI rankings, making 2021 the fifth year in a row it has topped the charts.

The province was followed by its neighbouring Hai Phong city, the Mekong Delta province of Dong Thap, and the central city of Da Nang./.
VNA

See more

People buy petrol at a station in Hanoi (Photo: VNA)

Petrol prices cut from 15:00 on August 13

The price of E5 RON92 petrol is capped at 21,235 VND (0.81 USD) per litre, down 493 VND, while E10 RON95-III is priced at no more than 22,119 VND per litre, down 205 VND.

Domestic and foreign businesses engage in trade networking at the event series held at Ho Chi Minh's Saigon Exhibition and Convention Centre (SECC) on August 13, 2026. (Photo: VNA)

Int'l sports exhibitions, export trade fair open in Ho Chi Minh City

A series of events opened at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on August 13, including the Vietnam Sport Show 2026, Vietnam Cycle Expo 2026 and the 14th Zhejiang Export (Vietnam) Fair 2026. They feature 520 booths operated by 400 businesses from 15 countries and territories.

Production at Bumjim Electronics Vina Co., Ltd invested by the Republic of Korea in Quang Ninh province (Photo: VNA)

Resolution No. 19-NQ/TW sets new growth drivers for Vietnam

Science and technology, innovation, digital transformation and AI must be translated into higher productivity rather than pursued as ends in themselves. At the same time, people should be placed at the centre of development, not merely viewed as a resource but as the ultimate objective of development policies.

The conference on the implementation of socio-economic tasks for August and key measures for the rest of the year held in Ho Chi Minh Ciy, on August 12, 2026. (Photo: VNA)

Ho Chi Minh City mobilises resources to achieve double-digit growth target

The southern economic hub has identified accelerating public investment disbursement, strongly mobilising private-sector resources, promoting exports and consumption, and removing bottlenecks as key priorities to generate additional growth drivers in the remaining months of the year. These priorities were highlighted by its leadership at a conference on the implementation of socio-economic tasks for August and key measures for the rest of the year, held on August 12.

The opening ceremony of the East-West Economic Corridor International Trade, Tourism and Investment Fair 2026 (EWEC-Da Nang 2026) on August 12 (Photo: VNA)

EWEC-Da Nang 2026 trade, tourism, investment fair opens

The EWEC-Da Nang fair is not merely a product exhibition and promotion event, but also a platform for economic connectivity, enabling businesses to seek partners, expand markets, explore investment opportunities, cooperate in production and business, and engage more deeply in regional supply chains.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam speaks at the New Zealand–Vietnam Business Roundtable in Auckland on August 13. (Photo: VNA)

Top leader calls for joint Vietnam–New Zealand efforts to create new growth drivers

Party General Secretary and President To Lam called for joint efforts to create new growth drivers based on science, technology, innovation and green transformation, encouraging New Zealand businesses to view Vietnam not only as a market but also as a partner for research, product development, manufacturing and innovation in Southeast Asia.

The Vietnam International Sourcing Expo 2026 is scheduled to take place at the Saigon Exhibition and Convention Centre in Ho Chi Minh City from September 3 to 5. (llustrative photo: VIS)

Expo to open door for Vietnamese suppliers to enter US market

US retail giant Target is seeking Vietnamese suppliers of household goods, home textiles, children’s products, personal care and beauty products, with a focus on companies capable of manufacturing and developing products that meet requirements on quality, design and supply chain management.

A working team from Coast Guard Region 2 Command inspects fishing licences and vessel monitoring system and guides fishermen on compliance with IUU fishing regulations. (Photo: VNA)

Da Nang city tightens controls to prevent IUU fishing violations

The city’s authorities are tightening inspections and controls to prevent fishing vessels from violating IUU regulations, particularly in foreign waters, as part of efforts to help Vietnam have the European Commission’s “yellow card” warning lifted.

Vietcombank has launched a 50 trillion VND (1.9 billion USD) credit package to provide preferential financing to businesses, particularly small and medium-sized enterprises (SMEs), priority sectors and new growth drivers of the economy (Photo published by Bnews/VNA)

More preferential credit available to businesses

Under SBV requirements, commercial banks are to provide Vietnamese-dong loans to SMEs and growth-driving sectors at rates at least 1 percentage point per year lower than their average rates for loans of the same maturity. They are also required to consider waiving or reducing service fees for eligible customers in line with regulations and their financial capacity.

Delegates at the Vietnam-UK High-Level Conference 2026. (Photo: moit.gov.vn)

Vietnam, UK seek new growth drivers in technology, logistics

British Ambassador to Vietnam Iain Frew highlighted the importance of strengthening bilateral cooperation as Vietnam - UK relations have been upgraded to a Comprehensive Strategic Partnership. He said technology, finance, innovation and digital transformation are opening up new opportunities for cooperation, enabling businesses from both countries to connect, share experience and explore investment and business opportunities.

The Ngoc Hoi interchange project in Tay Nha Trang ward, Khanh Hoa province, with some items yet to be completed (Illustrative photo: VNA)

Over 60% of long-stalled projects have obstacles resolved

Of the 8,002 long-stalled projects, 4,938 completed the settlement of obstacles in line with conclusions of the Party Central Committee and resolutions of the National Assembly and Government, as well as relevant Government decrees and guiding documents as of July 20, up 564 projects from the previous month.

The Vietnam National Railway Group will operate as a multi-sector economic group, with its business portfolio expanded to 110 sectors. (Photo: VNA)

Vietnam Railways Corporation becomes Vietnam National Railway Group

The group inherits all rights, obligations and responsibilities of the Vietnam Railways Corporation in accordance with the laws on railways, enterprises, and management and investment of state capital in enterprises, and other relevant legal provisions, as well as existing agreements, documents and contracts signed with related parties in accordance with the law.