Announcing the results of the Provincial Competitiveness Index (PCI) in 2021
(Baonghean.vn) - On the morning of April 27, the Vietnam Chamber of Commerce and Industry (VCCI) announced the Provincial Competitiveness Index (PCI) 2021 Annual Report.
According to the results, Quang Ninh leads the PCI 2021 with a score of 73.02. This is the 5th consecutive year that Quang Ninh has ranked first in the Provincial Competitiveness Index.
After Quang Ninh, the remaining positions in the Top 10 PCI 2021 are: Hai Phong (70.61 points); Dong Thap (70.53 points); Da Nang (70.42 points); Vinh Phuc (69.69 points); Binh Duong (69.61 points); Bac Ninh (69.45 points); Thua Thien Hue (69.24 points); Ba Ria - Vung Tau (69.03 points); Hanoi (68.6 points).
Cao Bang ranked last in PCI 2021 with 56.29 points. Second from the bottom was Hoa Binh with 57.16 points; followed by Kon Tum (58.95 points)…
Bac Lieu province, the last locality in PCI 2020, in PCI 2021 rose to 55th place with 61.25 points.
According to the PCI 2021 rankings, Nghe An province scored 64.74 points, ranked 30th out of 63 provinces and cities nationwide, in the good group.
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| Results of the 2021 Provincial Competitiveness Index assessment. |
The PCI 2021 Report is the 17th consecutive annual publication developed by VCCI with the support of the United States Agency for International Development (USAID) to assess the business environment and economic governance quality of provinces and cities in Vietnam.
Along with the results of the annual provincial and municipal ranking index, the report analyzes the movements of Vietnam's business environment in 2021, areas of improvement and expectations of the business community for authorities at all levels to create a favorable business environment.
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| Handling administrative procedures at the Nghe An Provincial Public Administration Service Center. Photo: Le Thanh |
The PCI 2021 report is based on feedback from 11,312 enterprises, including over 10,127 private enterprises operating in 63 provinces and cities and 1,185 foreign-invested enterprises operating in 22 localities.
The position of a province or city in PCI 2021 has a 100-point scale and continues to be assessed on 10 component indicators: Market entry costs; Land access and stability in land use; Transparency; Time costs; Informal costs; Dynamism of local governments; Fair competition environment; Business support services; Labor training; Legal institutions and security and order.
