Measures to maintain the provincial competitiveness index’s (PCI)momentum in northern Bac Ninh province were debated during a workshop onMay 11.
In 2014, the locality ranked tenthnationwide with 60.92 PCI points. Its transparency, timing cost,business support and equal competition sub-indexes increased from 2013while land access, unofficial cost and dynamic criteria reduced.
Bac Ninh’s PCI has ranked among the top ten provinces for sixconsecutive years thanks to local authority’s efforts to build anattractive business climate, said Secretary of the Provincial PartyCommittee Nguyen Nhan Chien.
He suggested drasticmeasures to address the dropping indexes and remove barriers toenterprise growth, including cutting red tape and boosting equalityamong different economic sectors.
In a bid to promotethe responsibility of individual personnel, provincial awards will bepresented to those with outstanding performance contributing to thelocal PCI by the end of 2015, noted Chairman of Bac Ninh People’sCommittee Nguyen Tu Quynh.
The PCI report considers arange of criteria, including land access for businesses, land usestability, transparency, an equal and competitive environment and legalsupport for firms.
Since 2005, the PCI survey has included nearly 80,600 private owned enterprises and 7,800 foreign enterprises.-VNA
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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