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Thanh Hoa strives to improve provincial competitiveness index

The central province of Thanh Hoa showed its determination to increase its provincial competitiveness index (PCI) via overhauling administrative procedures at a recent conference on local PCI performance.
Thanh Hoa strives to improve provincial competitiveness index ảnh 1A corner of Thanh Hoa (Source: VNA)
Thanh Hoa (VNA) –The central province of Thanh Hoa showed its determination to increase itsprovincial competitiveness index (PCI) via overhauling administrative proceduresat a recent conference on local PCI performance.

At the function, Hoang VanHung, Director of the provincial Department of Planning and Investment, saidThanh Hoa plans to review procedures for licensing business establishment,investment, and construction, among others in order to make suitableadjustments for better performance.

The local authorities willalso implement measures to facilitate operations of enterprises, he added,requiring relevant agencies and sectors boost IT application, data publication,and strict punishment of public servants who violate regulations or  cause difficulties for businesses.

He noted that local effortshave so far lowered average time for handling administrative procedures inThanh Hoa by 30 percent compared to the level in the current regulation.

Participants suggestedfurther simplification of administrative procedures to further shortening timeand prevent overlaps.

President of the VietnamChamber of Commerce and Industry (VCCI) Vu Tien Loc urged the province toimprove its PCI in the fields of taxation, land and market management, advisinglocal authorities to create an equal business climate and increase inspectionsof business operations.

Loc praised monthly meetingsheld between the Chairman of the provincial People’s Committee and enterprisesto help them clear obstacles to their operations.

According to a PCI survey bythe VCCI, Thanh Hoa scored 62.46 points last year, ranking 28th among63 cities and provinces, up three places from 2016. This was the highest scorethe province had recorded to date. Also in 2017, Thanh Hoa’s PCI had twosub-indices in the top ten scores nationwide, which were those on market entryand land access. However, the improvement of its sub-indices on transparencyand informal fees failed to meet businesses’ expectations.-VNA
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