(HBO) - According to results released by the Vietnam Chamber of Commerce and Industry, in 2018, Hoa Binh province gained 61.73 points in the Provincial Competitiveness Index (PCI), up 4.93 points from 2016 and 2.31 points from 2017, and ranking 48 out of the 63 provinces and cities across the country.

The Hoa Binh Knitting JSC, based in the Da River Left Bank Industrial Park in Hoa Binh city, has operated fruitfully and created jobs for 400 people.

Among the 500 businesses of Hoa Binh chosen for the PCI survey, 157 or 31.4 percent of them replied, including 32 firms established in 2017 and 2018.

Sub-indexes showed that the province’s PCI last year increased in both the score (up 2.31 points) and the ranking (up 4 places) from 2017. As much as 71 percent of private businesses said the provincial administration was flexible and creative in making initiatives to develop the private economic sector; and 54 percent said the provincial People’s Committee was very dynamic and creative in solving new problems. Meanwhile, 65 percent of the interviewees said difficulties and obstacles were addressed in a timely manner through dialogues and meetings with businesses (compared to the nationwide average of 68 percent); 81 percent said they were satisfied with the administration’s response to and settlement of problems they pointed out (compared to the nationwide average of 77 percent).

These results reflect Hoa Binh’s efforts to improve the local business environment over the past years. In 2018, the provincial administration carried out many concrete solutions to improve its governance quality and support enterprises and investors in clearing administrative procedures and carry out investment activities.

In particular, the provincial Party Committee has assigned local officials to direct the acceleration of key projects. The provincial People’s Committee has seriously implemented the business climate and PCI improvement plan, and tasked agencies with improving the sub-indexes within their remit. The two committees have also organised regular dialogues and meetings with businesses to solve difficulties and obstacles. Hoa Binh has also paid attention to investment promotion and image popularization activities.

 


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