Mar 11, 2012

Vietnam - Vietnam’s two biggest cities raise competitiveness index



The Hanoitimes -  Vietnam’s two biggest cities, Hanoi and Ho Chi Minh City increased in Provincial Competitiveness Index (PCI) in 2011 with 58.28 points and 61.93 points, respectively, according to Vietnam Chamber of Commerce and Industry (VCCI).

Last year, Hanoi and Ho Chi Minh City ranked 36 and 20 out of 63 cities and provinces in terms of PCI.

Lao Cai Province ranked first with 73.53 points, followed by Bac Ninh Province with 67.27 points. Two Southern provinces of Long An and Dong Thap shares the 3rd and 4th positions, respectively.

Despite difficulties in the economy, provinces and cities’ quality of management in 2011 has been improved. The average points of each province in 2011 are 59.15, higher than in 2010 and 2009.
The 2011 PCI showed the gap of competitiveness between provinces has been narrowed, revealed the representative of VCCI.

The evaluation of PCI is an effective tool for local authorities to assist businesses, asserted the US Ambassador to Vietnam David B.Shear. A number of cities and provinces have positively changed its positions in the index in 2011, he added.

The 2011 PCI was carried out by VCCI in coordination with the US Chamber of Commerce and the European Union Chamber of Commerce.

VNS



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