THE PROVINCIAL COMPETITIVENESS INDEX 2014
Bringing the Voice of Business to Policy-Makers: Creating a more competitive Vietnam
Ha Noi, April 16, 2015: This morning, the Vietnam Chamber of Commerce and Industry (VCCI) and the U.S. Agency for International Development (USAID) launched the annual Provincial Competitiveness Index Report 2014 (PCI 2014). The event marks the 10th anniversary of the VCCI-USAID partnership in the creation and development of the PCI, a tool to measure economic governance and the ease of doing business for the private sector in all provinces in Vietnam.
The 2014 PCI survey is based on responses from nearly 10,000 domestic private enterprises across 63 provinces in Vietnam. The PCI is comprised of sub-indices such as entry costs, land access and security of tenure, transparency, time costs, informal charges, proactivity of the provincial leadership, policy bias, business support services, labor training policy and legal institutions. The Index is developed by a team of international and national experts from VCCI with the support of USAID.