The Vietnam Chamber of Commerce and Industry (VCCI) officially released the 2021 Vietnam Provincial Competitiveness Index (PCI) Report on April 27th.

Quang Ninh topped the PCI rankings for the 5th year in a row, with 73.02 points, according to the PCI 2021 rankings report. Hai Phong ranked second for the first time, with 70.61 points.

In 3rd and 4th place are Dong Thap with 70.53 points and Da Nang with 70.42 points, respectively. The next provinces and cities in top 10 leading provinces and cities in PCI 2021 rankings include Vinh Phuc with 69.69 points, Binh Duong with 69.61 points, Bac Ninh with 69.45 points, Thua Thien-Hue with 69.45 points, Ba Ria-Vung Tau with 69.03 points, Hanoi with 68.60 points.

Binh Duong, Bac Ninh, Thua Thien - Hue, Ba Ria - Vung Tau, and Hanoi city rounded up the next top ten PCI 2021 rankings. Notably, after an eight-year absence from PCI 2013 rankings, Thua Thien - Hue province has re-entered the top ten PCI rankings (2nd place). Similarly, this is the first time that Ba Ria - Vung Tau has been in the top ten provinces in the PCI rankings since 2009, when it was ranked eighth.

Mr. Dau Anh Tuan, Head of VCCI's Legal Department

Mr. Dau Anh Tuan, Head of VCCI's Legal Department, explained Quang Ninh's performance by saying that in 2021, Quang Ninh has always maintained a proactive, radical, and innovative character in direction and administration. "Quang Ninh continued to analyze, minimize, simplify, publicize, and transparent administrative procedures in 2021, reducing 40-50 percent of the time it took to handle administrative procedures as compared to regulations. The province of Quang Ninh has fulfilled its promise to accompany, listen to, and efficiently address business concerns ", said Mr. Dau Anh Tuan.

In this year's PCI rankings, Hai Phong City has risen five positions. Through monthly direct conversations between businesses and leaders of the City People's Committee and departments and agencies, Hai Phong has also focused on quickly solving difficulties occurring in production and business activities. In addition, Hai Phong City has developed an Investment, Trade, and Tourism Promotion Center as a focal point in the "one-stop" concept for investment operations, which has helped to attract significant domestic and international investors. As a result, by 2021, this city not only drew a big number of domestic projects, but will also be at the top of the list for attracting foreign direct investment.