Ben Tre ranking 26 out of 63 provinces/cities on the 2012 PCI list

This year’s Provincial Competitiveness Index Report (PCI) reflects the assessment by 8,053 business entities in the private sector about business governance and investment environment among the country’s 63 provinces/cities during the past year.

The report analyzed the results from an annual surveillance on 1,540 FDI (Foreign Direct Investment) businesses still active in the Viet Nam soil.

The report also analyzed strategies currently used by foreign investors doing business in Viet Nam to minimize business risks, as well as challenges in the labour market that they are facing.

This year is the eighth consecutive year the Vietnamese Chamber of Commerce and Industry, or VCCI, collabrated with the US Agency for International Development (USAID)-sponsored project named Vietnam Competitiveness Initiative to carry out the surveillance report.

The 2012 PCI report, publicized on March 14, 2013, by the VCCI, indicates that Ben Tre scores 58.35 points (a reduction by 1.55 points compared to 2011), its ranking, however, has moved up 4 places on the overall 2012 PCI list compared to the 2011 list. This year, the province ranks 26 out of 63 provinces/cities, among the group of good performance provinces.

The 2012 PCI results shows that Ben Tre does not meet its target for competitiveness improvement in the past year’s plan, though its ranking has moved up 4 places.

The province best performance for the past year is the dynamicity, gaining 1.72 points compared to the 2011 results.

In 2013, Ben Tre’s departments and local governments are investing all efforts to improvement its ranking on the PCI list, to make its investment and business environment more and more attractive to domestic as well as foreign investors.

Written by Tran Xuan

Translated by Truong Hung