Vietnam rises 32 places in electricity access index

The 2017 Electricity Access Index was recorded by the Doing Business report as increasing by 32 places compared to 2016, above China, Canada...

The World Bank (WB) report on the results of the 2017 male competitiveness index assessment shows that Vietnam's 2017 electricity access index reached 78.69/100 points, up 32 places compared to the 2016 ranking and ranked 64/190 countries and economies. This is the highest ranking improvement since 2013.

This index is also one of the 5 indexes assessed by Doing Business to have positive changes, helping the overall assessment index of the Vietnamese economy increase by 14 levels in terms of business environment compared to 2016. This index is assessed based on the criteria of electricity supply reliability and electricity price transparency (6/8 points); procedure implementation time is shortened to 46 days...

Vietnam's electricity access index increased 32 places according to WB assessment.

VCCI’s survey in recent years shows that the application of electronic invoices, online payments, and searching for information online are remarkable changes. The change in the electricity access index is no longer related to the issue of an industry and trade sector but also to the business environment of the country. Obviously, what they have done in the past has been highly appreciated by investors, businesses, and consumers.

"The electricity industry has recently focused on reforming administrative procedures and paying more attention to the needs of electricity customers. Customer satisfaction assessment programs, service quality improvement programs, and customer care have also received positive feedback from businesses," commented Mr. Dau Anh Tuan - Head of the Legal Department of the Vietnam Chamber of Commerce and Industry.

According to VNE