Da Nang on the top of the Vietnam Provincial Competitiveness Index
Third year in a row, Da Nang is beating the rest of Vietnam’s provinces when it comes to economic competitiveness
For the 11th year in a row, the 2015 Vietnam Provincial Competitiveness Index (PCI), a report developed by the Vietnam Chamber of Commerce and Industry, together with the U.S. Agency for International Development (USAID), evaluates the competitiveness of 63 Vietnam’s provinces in terms of business friendliness, economic governance and administrative reforms. This report is being used by foreign and domestic businesses in order to make the best decisions when they want to relocate or expand their operations.
Some of the main reasons why Da Nang is perceived as a success story lies in its Center for Public Administration, which was established in September 2014. The center coordinates local policy, and serves as information clearing house. According to the PCI survey, the center “has proven to be effective in saving time, effort and money for the people, businesses and public officials”. In additional, Da Nang’s administration has an ambition to build its city as a “smart city”. As a step towards this direction, Da Nang has developed a model that enables quick development of high-speed online services at low cost, which enable modernization of public administration and the monitoring of the activities of the sate management agencies.
Bellow Da Nang are Dong Thap province in the Mekong Delta, followed by the northern provice of Quang Ninh. Both provinces demonstrate unique innovations in streamlining local regulatory practices, especially related to transparency.
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