Provincial Competitiveness Index (PCI) for 2023 announced
The northeastern province of Quang Ninh has topped the 2023 Provincial Competitiveness Index (PCI) drawn up by the Vietnam Chamber of Commerce and Industry (VCCI) for a seventh time in a row, the chamber announced on May 9. The 2023 report on PCI and Provincial Green Index (PGI) revealed that the business community commended the efforts of local authorities to better their business climate, with the nation’s average CPI being 66.66 points, or 1.44 points higher than the figure in 2022, said VCCI President Pham Tan Cong.
The PCI & PGI Report is a collaborative research product, conducted annually by VCCI with assistance from the United States Agency for International Development (USAID) and private sector partners, to promote an enabling and environmentally friendly business climate in Vietnam. The PCI is designed to assess the ease of doing business, the quality of economic governance, and the effectiveness of administrative reform efforts in the 63 provinces and cities in the country. Like its cousin, the PGI aggregates the perception of businesses into a common voice to communicate their views on environmental policy to national and local decision-makers.
