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Ha Noi looks to improve business competitiveness
Ha Noi must improve its investment, production and business environment to boost its provincial competitiveness index (PCI), said Ha Noi People's Committee Vice Chairman Nguyen Van Suu.
Suu made the remark at a recent seminar on the city's dismal PCI ranking, which was 51st out of 63 provinces and cities last year, 15 places lower than its performance in 2011.
The rankings were established in a survey by the Viet Nam Chamber of Commerce and Industry.
Among nine categories in the PCI, Ha Noi was in the top group in terms of labour training but it was bottom of the list in issues such as land access and stability of land use.
The capital's Party committee and People's Committee were forced into gathering all relevant departments and agencies to figure out the reasons behind the disappointing performance and propose ways to enhance the PCI.
Suu asked the municipal units to further push administrative reforms with a focus on administrative procedures and the implementation of a one-stop mechanism, to remove difficulties for businesses.
Tran Huy Sang, director of the Municipal Department of Home Affairs, said improving its PCI ranking would help boost Ha Noi's socio-economic development.
The Ha Noi People's Committee had previously issued a plan to boost PCI rankings in the period 2011-2015.
However, despite its poor PCI showing, Ha Noi had recorded a 7.7 per cent economic growth rate in the first six months of the year, a relatively high figure in the context of economic hardship nationwide.
The PCI programme has been a US Agency for International Development's Viet Nam Competitiveness Initiative since 2005. All 63 provinces and cities have used the PCI to devise their own economic policies and development strategies.
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