Following the property boom in Ha Long city, Van Don district and Quang Yen town, Mong Cai city is emerging as a new magnet for real estate developers in the northeastern province of Quang Ninh.
The northern coastal province of Quang Ninh has welcomed a number of major investors, both domestic and overseas, who came to explore investment and partnership opportunities since the beginning of this year.
The number of small-scale FDI firms are on the rise, with the proportion of those with capital of less than 5 billion VND (214,831 USD) increasing to 37.7 percent in 2018 from 29.6 percent in 2015.
Unofficial fees that businesses had to pay in Quang Ninh decreased in 2019, according to the northern province’s Department and District Competitiveness Index (DDCI) survey.
The Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) will jointly publicise the 2019 provincial competitiveness index (PCI) at a ceremony in Hanoi on May 5.
Within five years from 2014-2018, the Provincial Competitiveness Indexes (PCI) of 5 centrally-run municipalities have always been rated as excellent, high and mid-high.
The quality of provincial economic governance in Vietnam reached its highest level for 15 years in 2019, with an average provincial competitiveness index (PCI) of 65.13 points, a ceremony releasing the 2019 PCI report on May 5 heard.