Danang tops PCI 2013 rankingThe central coastal city of  PCI 2013, released by the Vietnam Chamber of Commerce and Industry (VCCI) Thursday in Hanoi, also showed the central coastal region saw two of its provinces joining the excellent tier, including Thua Thien-Hue (65.56, second runner-up) and Quang Ngai (62.6 at seventh place). Meanwhile, many Mekong Delta provinces maintained good performance as in previous PCIs, with up to three provinces taking places in the seven-member Excellent tier, including Kien Giang (63.55, third place), Dong Thap (63.35, fifth place) and Ben Tre (62.78, sixth place). Quang Ninh for the first time clinched its top four ranking at 63.51. Positively, economic hubs in the country all increased their rankings, with “Provincial governance across While the Vietnamese economy is showing some signs of revival, data shows that private firms continue to struggle. Only 6.4 per cent of firms increased their investment size, and only 6.2 per cent of operations added labor in the past year. The pessimism is on-going as only 32.5 per cent of respondents plan to expand their operations in the next two years. The findings of the PCI-FDI survey on 1,609 foreign businesses shows that However, foreign investors ranked The index is developed by a team of international and national experts from VCCI with the support of USAID. PCI 2013 was conducted on 8,093 domestic private enterprises across 63 cities and provinces in By Kieu Linh, VIR |
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