The rankings were announced on May 5 by the Vietnam Chamber of Commerce and Industry (VCCI) in its annual provincial competitiveness index (PCI) report.

First and second positions remained unchanged from the previous year while Vinh Long made a strong rise from number eight to number three in 2019.

The launching ceremony of the provincial competitiveness index.

Bac Ninh, a major industrial centre in northern Vietnam, also made a big jump to fourth position from number 15 a year earlier while the southern economic hub of Ho Chi Minh City fell out of the top ten to number 14.

Da Nang and Hanoi remained in the 10 best-performing localities, ranking 5th and 9th position respectively.

According to the VCCI, this year saw the highest median score since the report was first launched in 2005, indicating that the difference in the quality of economic governance between provinces and centrally-governed cities is narrowing.

In mid-2019 when the survey was conducted, more than half of respondents stated that they have plans to expand their business in the next two years.

However, the VCCI noted that there is still much room for provincial governments to make further improvement, especially in information transparency, bidding in public procurement and administrative reform.

The latest PCI rankings were compiled based on a survey of 12,429 enterprises, including 1,583 foreign-invested ones, across 63 provinces and centrally-governed cities.

Bac Giang’s PCI listed in good group

(BGO) – The Vietnam Chamber of Commerce and Industry (VCCI) and the U.S. Agency for International Development (USAID) on March 28 announced the annual report on the Provincial Competitiveness Index (PCI) 2018.

PCI reflects strong economic growth of five centrally-run cities

 

Bac Giang strives to increase PCI Index

(BGO) - Recently, the Vietnam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) jointly launched the 2017 Provincial Competitiveness Index Report (2017 PCI Report). Thanks to the efforts and high consensus in implemented solutions to improve the business and investment environment, Bac Giang ranked 30rd in PCI among the 63 provinces and cities around the country. 

Index of Industrial Production rises 9.5% in January-October

Vietnam’s Index of Industrial Production (IIP) saw a year-on-year increase of 9.5% in the January-October period, according to latest updates from the General Statistics Office (GSO).

Vietnam’s global competitiveness index jumps 10 positions

Vietnam climbed ten places on the 2019 global competitiveness index to rank 67th among 141 economies, according to a report released by the World Economic Forum on October 9.

Source: NDO