Improving PCI Rankings to Create Breakthrough

Source: Pano feed

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After years of continuous decline in its Provincial Competitiveness Index (PCI) ranking, in 2013, Binh Thuan lifted its position from 47th to 22nd among 63 provinces and cities, becoming the leading province among the provinces of the above average group. Not satisfied with previous achievements, the province is paying great efforts toward gaining a higher position in the PCI ranking next year.



According to Nguyen Duc Hoa, Director of Department of Planning and Investment, the improvement of the PCI in 2013 creates a driving force for the Party and the government and people of Binh Thuan. However, the current results require the province to devote much more effort to maintaining its position and obtaining better results to create a better investment environment and attract more investment in the near future.


It is seen that the efforts to improve the PCI show great determination of the province in creating good investment climate to support for businesses; besides, it is an effective measure to build the image and brand of Binh Thuan. Hoa said that it is necessary to enhance the PCI to gain more competitiveness of Binh Thuan in attracting new investors. With determination to improve the PCI, along with the reinforcement of business dialogue to timely support and solve difficulties for investors and businesses, Binh Thuan has paid a huge effort in the reform of administrative procedures and one-stop mechanisms in a number of areas that are directly related to business, such as certificate of business registration and building permits, which helps shorten processing time, reduce problems and market entry costs, as well as time costs of implementing the regulations of government for businesses. Besides, the province strengthens its brand through promoting its image and information about policies and mechanisms to encourage and support investment, disclosing the planning documents in land use, construction, land rent, conversion of land use purposes, focusing on citizen complaints of land and improving land access of investors and businesses. At the same time, the province strengthens the inspection and reviews types of plans to suspend or remove the inefficient and infeasible projects from the master plan.


Nguyen Ngoc Hung, the investor of the Bo Ke project, the trade promotion centre of La Gi town and Ham Thuan Bac district, said that Binh Thuan always tries its best to accompany investors through its focus on strengthening and improving the mechanism, policy, and administrative reform comprehensively, which thereby creates an open, friendly and supportive investment environment to help investors to boost their business operation. Besides, this illustrates clearly a jump of the PCI ranking of Binh Thuan in 2013. As an investor in Binh Thuan, Hung indicated that they have received a lot of attention and active support from leaders of the departments in the province. He really appreciates the attitude and dedication of this valuable support of provincial leaders and commits to promote and implement the projects on schedule and soon put them into operation, contributing to the economic development of the province and the country.


According to Le Tien Phuong, Chairman of Binh Thuan provincial People’s Committee (PPC), to improve its PCI ranking, the province is determined to build an open and transparent investment environment to improve the brand of Binh Thuan as a province of dynamics and creativity. On February 21st, 2013 the PPC issued the 616/UBND-KT document to provide solutions to improve the investment environment and enhance the PCI in the period of 2013-2015. Based on this spirit, in 2014 and upcoming years, the province continues to focus on removing obstacles regarding allocation of land and facilities for businesses and access to credit at low interest rates. The province also reviews and removes the difficulties and obstacles on the mechanisms and policies, improving the governance mechanism and management, promoting the spirit of dynamism and transparency in handling the issues of the organization and individuals and creating more favourable conditions for enterprises to access the necessary information. In addition, Binh Thuan also focuses on reviewing and improving the quality of administration, continuing to strengthen the inspection and avoid the duplication and overlapping which cause difficulties for businesses. At the same time, the province focuses on improving accountability and dynamics of the staff and employees in business supporting activities that help enterprises overcome difficulties to promote production business, set strict regulations on the officials who cause obstacles for, harass or compromise the enterprises in violation of the provisions of the government for own interests.


Hoa expressed his opinion on the ways the province are paying its best efforts to improve the PCI to promote the province’s image in a positive way and step by step, create a breakthrough to attract new investment. This helps Binh Thuan be a first priority destination of domestic and international investors.


Hoang Lam




Đăng ký: VietNam News