The PCI index has been jointly developed by VCCI and USAID since 2005. Over the years, PCI has become the voice of the domestic business community and FDI enterprises. PCI has become a useful tool for economic governance at the provincial and city levels. The PCI 2020 report measures the quality of economic governance of the provincial government in 10 areas important to the development of businesses in the private sector; This report is built on feedback from nearly 12,300 enterprises, including over 10,700 private enterprises operating in 63 provinces and cities and nearly 1,600 foreign-invested enterprises (FDI). is operating in 22 localities in Vietnam.
In 2020, the PCI index of Bac Ninh province reached 66.74 points, ranking
10th out of 63 provinces and cities, down 6 places compared to 2019, in the
group of provinces with good quality. Bac Ninh province has 4 sub-indexes that
have increased points compared to 2019: Market entry, up 0.16 points; Time
costs, an increase of 1.19 points; Unofficial expenses, up 0.45 points;
Business support services, up 0.13 points. Meanwhile, there are 6 indexes that
have decreased points, including: Access to land, down 0.48 points;
Transparency, down 1.68 points; Fair competition, down 1.05 points; Dynamic,
down 0.79 points; Labor training, down 0.21 points; Legal institutions, down
0.96 points.
According to the PCI Index ranking, Quang Ninh province for the fourth
year in a row ranks No. 1 on the PCI rankings with 75.09 points.
The PCI 2020 survey shows that the quality of
provincial economic governance in Vietnam tends to improve over time. Positive
movements were recorded including the continued decline in informal costs, the
maintenance of security and order, a more proactive and proactive provincial
government, significant improvement in administrative reform, and a better
environment. business schools are increasingly egalitarian.