Conference looks to sustainably improve Quang Ninh PCI rankings

On May 25, Quang Ninh province held a conference on in-depth analysis of PCI’s outcomes and discuss on orientations and solutions to keep improving the local business climate and competitiveness.

Quang Ninh province continued to retain the first position in Viet Nam’s  Provincial Competitiveness Index (PCI) in 2021. This is the fifth time that Quang Ninh has topped this ranking with 73.02 points. This is the only locality to see the quality of economic governance achieve a ‘very good’ ranking, according to the results of provincial competitiveness index (PCI) report 2021. 

Despite countless difficulties in 2021, Quang Ninh has been an attractive destination for investors with the total non-budget investment capital of over VND 360 trillion. In which, new-generation FDI reached nearly USD 1.2 billion, nearly 3 times higher than that of 2020. The province is now home to 145 FDI ​​projects owned by investors from 20 countries and territories with a total registered investment capital of about USD 8.15 billion.

This result reflected local people's confidence in the government as wel as the increasing appreciation from the business community and investors towards the governance and management of Quang Ninh government, especially in the context of Covid-19 pandemic resulting in countless challenges.

Addressing the cermony, Secretary of the provincial Party's Committee stressed that the positive result shows the great efforts of Quang Ninh in improving the bussiness climate and raising the povincial competitive index. It also shows Quang Ninh’s big changes in its rapid development orientation as well as its great efforts to fulfill commitments to effectively resolving the existing difficulties facing local enterprises.

He urged local authorities to step up the settlement of administrative procedures in the online environment, and focus on the fields of taxation, land, social insurance, the environment, construction, and fire prevention and control, which received low rankings last year. 

Participants at the event put forth recommendations for the province to speed up administrative reform as well as improve its investment and business climate.

Quang Ninh targets to raise its PCI score this year to 75.38, an increase of 2.36 percentage points compared to that in 2021. It also aims to have six sub-indexes in the top five.

To conclude the conference, Chairman of the provincial People’s Committee, Nguyen Tuong Van, directed all relevant departments to take continuous efforts to effectively carry out defined policies on improving investment environments and renovating administrative procedures.

In terms of business support, Quang Ninh will  improve the investment environment and  the province’s competitiveness quality so that all of the enterprises and businesses can be operated in an open, supportive, transparent and fair business environment, he said.