Dau Anh Tuan, director of the VCCI’s Legal Department, has talked with BizLIVE about the Provincial Competitiveness Index (PCI) and Quang Ninh’s endeavors to better its investment climate.
What is your view about efforts made by localities in Vietnam to upgrade their PCI?
The PCI is now widely used by all provinces and cities in the country. Almost all of them have drawn up action plans to improve their business environment and lift their PCI rankings.
Through carefully-designed surveys, PCI reports have transmitted businesses’ feedbacks regarding different aspects of provincial economic governance, thus prompting localities to accelerate reforms.
A number of localities have adopted initiatives aimed to speed up administrative reform and streamline business procedures. They have also held dialogues at different levels.
Quang Ninh occupied the fifth position in terms of PCI in 2014 and has continued to improve its investment climate and remove obstacles for enterprises. How do you assess its efforts?
Quang Ninh has made extraordinary efforts to create a favorable and business-friendly environment.
The province has taken the lead in constructing and operating public administration centers at provincial and district levels. The province has also set up the professional and effective Investment Promotion Authority, which has provided great support to investors in its territory.
Thanks to all these efforts, it has been on the top-five PCI list over the past two years, indicating that businesses have highly valued the province’s efforts to enhance its business environment.
Quang Ninh is among localities that are applying the Department and District Competitiveness Index (DDCI). How do you assess its effectiveness?
The facilitation of the business environment does not only result from policies adopted by provincial-level authorities but also from the execution of authorities of inferior levels.
Accordingly, a number of provinces including Lao Cai, Vinh Phuc, Tuyen Quang, Kien Giang and Quang Ninh have boldly put into practice indexes that measure facilitation of administrative reforms at district and department levels.
As Quang Ninh has gradually built and applied this tool kits, I believe that this is a positive step and it will lead to encouraging improvements.
Introduced in 2005, the Provincial Competitiveness Index (PCI) on Vietnam’s business environment conducts an annual business survey, assessment and ranking of the economic governance quality of provincial authorities in creating a favorable business environment for development of the private sector.
The PCI is the result of the collaboration between the Vietnam Chamber of Commerce and Industry (VCCI) and the U.S. Agency for International Development (USAID).