Thanh Hoa strives to improve provincial competitiveness index hinh anh 1A corner of Thanh Hoa (Source: VNA)
Thanh Hoa (VNA) – The central province of Thanh Hoa showed its determination to increase its provincial competitiveness index (PCI) via overhauling administrative procedures at a recent conference on local PCI performance.

At the function, Hoang Van Hung, Director of the provincial Department of Planning and Investment, said Thanh Hoa plans to review procedures for licensing business establishment, investment, and construction, among others in order to make suitable adjustments for better performance.

The local authorities will also implement measures to facilitate operations of enterprises, he added, requiring relevant agencies and sectors boost IT application, data publication, and strict punishment of public servants who violate regulations or  cause difficulties for businesses.

He noted that local efforts have so far lowered average time for handling administrative procedures in Thanh Hoa by 30 percent compared to the level in the current regulation.

Participants suggested further simplification of administrative procedures to further shortening time and prevent overlaps.

President of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc urged the province to improve its PCI in the fields of taxation, land and market management, advising local authorities to create an equal business climate and increase inspections of business operations.

Loc praised monthly meetings held between the Chairman of the provincial People’s Committee and enterprises to help them clear obstacles to their operations.

According to a PCI survey by the VCCI, Thanh Hoa scored 62.46 points last year, ranking 28th among 63 cities and provinces, up three places from 2016. This was the highest score the province had recorded to date. Also in 2017, Thanh Hoa’s PCI had two sub-indices in the top ten scores nationwide, which were those on market entry and land access. However, the improvement of its sub-indices on transparency and informal fees failed to meet businesses’ expectations.-VNA