District and Department Competitiveness Index (DDCI) expected to help improve local business climate

12/20/2020 - 6:04:41 PM

(HBO) – The Chairman of the provincial People’s Committee on November 16 issued Document No. 1980/UBND-NNTN, approving plans on building a competitiveness index for districts, departments and sectors, and conducting a survey on businesses’ assessment of the business and investment environment in Hoa Binh city, districts, departments and agencies in the locality.

The business community in Hoa Binh province has proposed to local authorities measures to support enterprises and improve the local business environment.

The move is made in implementing the resolution adopted at the 17^th provincial Party Congress, which sets the goal of improving the province’s ranking in the provincial competitiveness index (PCI) by at least three places a year during the 2021-2025 period. It is also expected to create significant changes in the local business climate.

The District and Department Competitiveness Index (DDCI) will measure the satisfaction of enterprises, cooperatives and household businesses about economic management capacity of authorities of Hoa Binh city, districts, and provincial departments and agencies.

The index will encourage local authorities to work harder to raise their economic management quality, and better the settlement of administrative procedures relating to investors, enterprises, cooperatives and household businesses, thus facilitating their operation.

It will also create a trust-worthy, transparent channel for investors, firms, cooperatives and household businesses to contribute opinions on building local authorities.

The survey will be conducted from January 1 to December 31, 2021 through direct interviews in Hoa Binh city, all districts and certain departments and agencies in the province.

As many as 400 enterprises, 20 cooperatives and 80 household businesses are expected to participate in the study.

The provincial business association will instruct its chapters in Hoa Binh city and districts to send officials to each participating enterprise and cooperative to deliver questionnaires, and explain the unclear points of the questions.

The index will be compiled based on survey’s outcomes.

The building of the index is set to create practical, strong changes in the mindset and actions of local authorities, departments, agencies and the business community, thus helping to attract more resources for local economic development./.

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