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PCI Report 2015

The Provincial Competitiveness Index (PCI) 2015 was released on March 31st, 2016 by VCCI and USAid. Da Nang, which scored 68.34 points, has topped the index for the third consecutive year. This is the sixth time the city has ranked in this position, followed by Dong Thap province with 66.39 points, and Quang Ninh province with 65.75 points. The top 10 provinces include Vinh Phuc, Thai Nguyen, Quang Nam, Thanh Hoa, Ho Chi Minh and Long An. These provinces have demonstrated strong initiatives in reforming administrative procedures and improving management quality.

The PCI 2015 report was implemented via surveys of 11,700 enterprises in Vietnam, in which 1,600 were foreign-invested firms.

The report showed a good improvement in the quality of economic management of Vietnamese localities, which resulted in the remarkable number of 94,754 newly-registered enterprises, including 2013 FDI firms.

In 2015, there was a rise of 10% in the number of private enterprises that investment capital increased by over 10%. Furthermore, the proportion of enterprises who hired more employees was 12%, and 49% of the interviewed enterprises plan to enlarge their business in the future. These are all outstanding figures stating the highest rates over the last 5 years.

(Source: pcivietnam.org)

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