Early March 22, USAID and VCCI announced the annual Provincial Competition Index (PCI) 2017.
Component indices increase
Created and published in 2005, PCI is a set of indicators that include: market access, access to land and land use stability, transparency, time costs, unofficial fees, local government dynamics, etc. This is the 13th year in a row, the PCI 2017 report is being developed to assess the quality of economic governance, friendly environment of the business and administrative reform efforts of the provinces and cities directly under the Central Government ... and promote the development of private economy. It is noteworthy that the gap between the top provinces and the back provinces is shrinking. Median score in this ranking reached 66.4 points, record high ever.
Production line of TPR Vietnam in Vietnam – Singapore Industrial Park II is on-going. Photo: Phuong Le
Quang Ninh first took the lead in the PCI 2017 rankings with 70.7 points. Leading to the rankings, Da Nang has dropped to No. 2 with 70.1 points. PCI 2017 witnessed the strong rise of provinces and cities in the Mekong Delta region when 4 localities in this region are in the top 10. In particular, Dong Thap ranks 3rd in PCI 2017 with 68, 8 points, Long An 66.7 points, Ben Tre 66.7 points, Vinh Long 66.1 points ... The city is the economic leader of the country but Ho Chi Minh ranked only 8th with 65.2 points , Hanoi is only modest in 13th place, with 64.71 points.
Meanwhile, despite the increase compared to the previous year (64.47 points compared with 63.57 points in 2016), Binh Duong still accepts drop from the 4th to 14th, but still ranked second in Southeast ( after Ho Chi Minh City). In the indexes of Binh Duong, there are many impressive indexes compared to last year such as: Access to land (from 6.52 points to 6.83 points), fair competition (from 5.08 up 5.61 points ... Especially, the index of dynamism of the provincial government, increased from 5.67 points to 6.04 points and business support services increased from 5.57 points up to 6.69 points. In addition, the index of legal institutions and security also increased quite high, from 5.80 points to 6.39 points.
According to Mai Hung Dung, Standing Vice Chairman of the provincial People's Committee, Binh Duong has done its utmost to improve the investment environment, business joint and facilitate the business. This represents 6 out of 10 PCI components in 2017. Therefore, Binh Duong still has a score increase compared with 2016.
First class infrastructure maintained
In an effort to improve PCI, Binh Duong People's Committee issued Decision No. 1390 / QD-UBND approving the PCI Improvement Scheme. After that, some units have developed plans for implementing the project of the sector. Implementing the project, Binh Duong has achieved many good results. Specifically, the province has continuously promoted administrative reform, improved the management capacity, administration and information provision, public administrative services and created favorable conditions for organizations and individuals to access information. To understand the strategies, directions and development plans. Thanks to this, Binh Duong has impressive growth rates in the provincial dynamics index and business support services.
On this issue, Mr. Tran Thanh Trong, Vice Chairman of the Provincial Federation of Enterprises, said that the PCI score reflects the utility and satisfaction that the business community in the province has benefited from. Local leaders in recent times. "It can be said that the business community in the area in recent years has been better served by the dynamics of local leaders. This shows that Binh Duong always listen, sympathize and support the business better. This is a very precious thing, "Trong shares.
Another highlight of PCI 2017 that Binh Duong has is the unique position of quality infrastructure. Infrastructure indicators are not included in the PCI score due to natural geographic location advantages, different initial infrastructure conditions, not subject to local government control, can not be changed. changed day in and day out due to large resource requirements, overall development strategy at central level. Some provinces in remote areas will be difficult to catch up with other localities. But the relationship between the infrastructure and the quality of local economic governance is correlated. Often, good quality localities tend to have higher quality infrastructure.
Compared with the provinces and cities in the country, Binh Duong has the transport infrastructure, telecommunications ... the best. Meanwhile, industrial zones are constantly welcoming large foreign investment projects thanks to synchronous and modern infrastructure, which is enough to satisfy investors. That is why Binh Duong is still the leader in quality infrastructure since PCI was coined in so far.
Reported by Khanh Vinh – Translated by Vi Bao
