The Vietnam Chamber of Commerce and Industry plans to release its ranking of provinces’ competitiveness called Provincial Competitiveness Index (PCI) next Wednesday.
The annual PCI, first released in 2005, measures provincial authorities’ attitude toward private enterprises.
This year’s report includes responses from 7,300 local businesses and for the first time ever, feedback from 1,155 foreign-invested enterprises, though the latter is only used as a point of reference and doesn’t affect each province’s PCI.
The 2010 report also includes “informal” expenses incurred by private businesses.
In 2009, Danang City was ranked the most competitive of all 63 provinces and cities, followed by Binh Duong Province.
Hanoi and Ho Chi Minh City fell two and three places, ranking 16th and 33rd respectively.