PCI to have positive changes
(VOV) - The Vietnam Chamber of Commerce and Industry (VCCI) and US Agency for International Development (USAID) will host an annual conference to launch the 2014 Provincial Competitiveness Index (PCI) Report.
The 2014 PCI will see many positive changes, according to a VCCI member.
The highlight of the report on the 2014 PCI is a narrowing gap between the top and the bottom provinces. While some provinces like Danang and Binh Duong remain the top ranking, other provinces also move up their slots.
This is attributed to local governments’ efforts to improve the quality of management and business environment. However, some top ten provinces seem not to pay more effort to make breakthrough, even their dynamic is reducing.
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The 2014 PCI, the 10th edition of the report, represents the opinions of 10,000 domestic businesses and 1,500 foreign invested enterprises regarding the local economic governance and business environment in Vietnam’s 63 cities and provinces. The 2014 PCI report also discusses the opportunities and challenges involved in Vietnam’s entry into the Trans-Pacific Partnership Agreement (TPP) and presents timely survey findings about business-labor relations in the country’s foreign invested enterprises.
Over the past decade, the PCI ranking has become a motive for localities to move ahead and enhance their quality of management, helping to improve business environment and facilitate the business community’s performance.