Hai Phong tops 2024 PCI rankings for the first time

Hai Phong city topped the 2024 Provincial Competitiveness Index (PCI) rankings for the first time by scoring 74.84 points, marking a significant milestone in the northern port city’s ongoing efforts to improve its business and investment environment.

According to the 2024 PCI rankings, Hai Phong has claimed the top spot, followed by Quang Ninh with 73.20 points, Long An with 72.64 points, and Bac Giang with 71.24 points.

Rounding out the top five were Long An, Bac Giang, and Ba Ria – Vung Tau. Other localities including Hue, Hau Giang, Phu Tho, Dong Thap, and Hung Yen were also in the Top 10.

Meanwhile, centrally-run citie-Ha Noi, Ho Chi Minh City, Hai Phong, Hue, Da Nang, and Can Tho-were placed among the top 30 provinces and cities for overall governance quality. Each of these cities saw improvements in their PCI scores compared to 2023, although the pace of progress varied.

The PCI measures economic governance and administrative reform efforts across Viet Nam's provinces and cities, drawing from a survey of nearly 11,000 businesses nationwide.

The 2024 PCI also comes at a time of structural transition in Viet Nam's local administration system.

This is the final PCI edition that will include all 63 provinces and cities in their current form. Under Government Resolution 74 and Central Committee Resolution 60, several provinces are expected to undergo administrative mergers to create 34 larger provincial-level units.

Hai Phong tops 2024 PCI rankings for the first time
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(Source: VNA)