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Quang Ninh tops PCI 2017

Released at: 11:14, 22/03/2018

Quang Ninh tops PCI 2017

Photo from VGP

Provincial Competitive Index released on March 22 by VCCI and USAID.

by My Van

The Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) released the Provincial Competitiveness Index (PCI) 2017 on March 22.

Northern Quang Ninh province led the rankings for the first time. It scored 70.69 points on a scale of 100, followed by central Da Nang city (70.11 points) and the Mekong Delta province of Dong Thap (68.76 points). The three localities were the only ones with very good competitiveness in the northern, central and southern regions, respectively. Quang Ninh was second last year, behind Da Nang.

Other cities provinces in the Top 10 in terms of quality management in 2017 were Long An, Ben Tre, Vinh Long, Quang Nam, Ho Chi Minh City, Hai Phong and Can Tho.

The Top 10 were followed by Lao Cai, Vinh Phuc, Hanoi, Binh Duong, Thai Nguyen, and Bac Ninh. 

This is the 13th consecutive year the PCI report has been published and this year was based on feedback from 12,000 enterprises, of which more than 10,200 were private domestic enterprises from all 63 cities and provinces and 1,800 foreign-invested enterprises in 21 cities and provinces.

The PCI 2017 shows a positive view of business prospects. Fifty-two per cent of enterprises will expand their business in the next two years; the highest level since 2011. The percentage of those that plan to reduce or close down is quite low, at just 8 per cent.

“Nearly all cities and provinces increased their scores in 2017,” said VCCI Chairman Dr. Vu Tien Loc. “Even many at the bottom saw breakthroughs of some sort. Improvement was the main trend in Vietnam’s business environment last year.”

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