Quang Ninh tops PCI for five consecutive years

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(VOVWORLD) -The northern province of Quang Ninh has led the way for provincial competitiveness among all 63 localities and cities nationwide for the fifth consecutive year, according to the ranking announced on Wednesday by the Vietnam Chamber of Commerce and Industry (VCCI). 

Quang Ninh tops PCI for five consecutive years - ảnh 1

With a score of 73.02, Quang Ninh maintained its top position for the fifth straight year, becoming the only locality to see the quality of economic governance achieve a ‘very good’ ranking, according to the results of provincial competitiveness index (PCI) report 2021. 

The provinces and cities in the top five of the 2021 PCI ranking include Hai Phong, Dong Thap, Da Nang, and Vinh Phuc, respectively. Elsewhere, Hanoi ranked in 10th position with 68.6 points, while Ho Chi Minh City finished in 14th place with 67.5 points.

The PCI report highlighted the great efforts made by Quang Ninh province last year in terms of accelerating the administrative reform and improving the local business climate in a proactive and drastic manner, thereby helping  save time for enterprises. Furthermore, the locality has also realised its commitments to effectively resolving the existing difficulties facing local enterprises.

Since 2005, the PCI report has been produced annually to assess the ease of doing business, economic governance, and administrative reform efforts made by provincial and city governments in a bid to promote the development of the private sector.