HA NOI (VNS) - A report by the National Committee for International Economic Co-operation has rated The City leads Viet Nam's 63 cities and provinces in the committee's second Provincial Economic Integration Index (PEI Index) measuring each city's capacity to integrate with the global economy based on eight criteria. The criteria assesses each city and province's infrastructure, culture, local natural features, human resources, trade, investment and tourism sectors. The first report was launched in 2010 with According to the report, According to the report, Ha Noi retained the biggest advantage in work force quality and culture which helped improve the political capital's competitiveness. Ha Noi and In terms of trade, The total number of foreign direct investment (FDI) projects approved in the four localities totalled 4,000 projects, accounting for 60 per cent of the country's FDI projects. The Mekong Delta provinces of An Giang and Kien Giang saw improved trade figures after moderating prices of key products, including rice and aquaculture produce. However, some localities including Ca Mau, Ben Tre, Dien Bien and Soc Trang fell in their competitiveness. Speaking at the report launch ceremony yesterday, Deputy Minister of Industry and Trade Nguyen Cam Tu said the report had helped to qualify the efforts and impacts of locality efforts to tap into global trade and improve the welfare of citizens. The results will be used to help the Government support localities looking to implement integration policies, he said. Mai Thi Anh Tuyet, director of Industry and Trade Department of southern An Giang province, said the report's PEI Index would make localities aware of their comparative advantages to improve the accuracy of policy efforts. Raymond Mallon, senior technical advisor of the Beyond WTO Programme, said that although most economic integration agreements were being made at the top level, the implementation of agreements at the sub-national level was critical for development. He said economic integration and policy changes could be sped up if provinces co-ordinated their efforts and that the assessment of each province was an important step to boosting regional and national integration with the global economy. The report also polled around 2,300 citizens and 2,300 businesses, mostly including limited companies and joint stock companies. The report's investigation was conducted in the fourth quarter of last year as part of a research project funded by the Australian Agency for International Development and the UK Department for International Development through the Beyond WTO Programme. - VNS |
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