Officials of Ho Chi Minh City held a meeting on April 11 in an effort to improve the city’s Provincial Competitiveness Index (PCI), which dropped from the 6th in 2015 to the 8th last year.
HCM City (VNA) – Officials of Ho ChiMinh City held a meeting on April 11 in an effort to improve the city’sProvincial Competitiveness Index (PCI), which dropped from the 6th in 2015 tothe 8th last year.
Vice Chairman of the municipal People’sCommittee Tran Vinh Tuyen urged swift actions to better HCM City’s PCI ranking,especially the sub-indices with lower points.
Local departments and agencies must focus on thesub-indices of land access, informal charges, policy bias, pro-activity ofprovincial leadership, and legal institutions, he noted.
Although businesses’ land access was among thefive sub-indices with higher points, from 5.18 points in 2015 to 5.45 points in2016, the modest increase shows that this sub-index hasn’t been improvedsubstantially, according to Tuyen.
In terms of informal charges, he requestedleaders of municipal departments and agencies to have more dialogues with andlisten to businesses while stepping up the provision of online services tominimise direct contact, thus cutting red tape and saving time and expenses forenterprises.
He also called for businesses’ coordinationthrough turning down civil servants’ unregulated requests.
Regarding policy bias, the Vice Chairman saidHCM City will promptly establish an enterprise support centre to help solvedifficulties facing businesses.
He also asked municipal officials to reviewbusinesses’ feedback to find out the cause of the dissatisfaction with the administration’sperformance, which led to a worse pro-activity index.
As legal institutions saw the biggest drop lastyear, from 5.04 points to 4.25 points, relevant agencies must immediately setup supervision mechanisms to ensure that all opinions of enterprises will besettled in an appropriate manner. They also need to review economic disputesand accelerate the enforcement of civil judgments so as to solidify businesses’trust in the city’s law protection agencies, he added.
Nguyen Hoang Minh, Deputy Director of themunicipal Department of Planning and Investment, said although HCM City’s PCIranking in 2016 fell from the previous year, its average score increased by0.36 point from 61.36 to 61.72 points.
More than 36,000 companies were set up in thecity in 2016, a year-on-year rise of nearly 14 percent. The local businessenvironment was also highly valued at international economic forums, henoted.-VNA
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A view of Ho Chi Minh City (Source: VNA) 
