Vietnam increases 32 places in electricity access index

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

The World Bank (WB) report on the results of the 2017 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 14 places in terms of business environment compared to 2016. This index is assessed based on the criteria of reliability of electricity supply and transparency of electricity prices (6/8 points); time to complete procedures 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, information lookup on the internet… 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 time 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 users. Customer satisfaction assessment programs, service quality improvement programs, and customer care programs 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