• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

Hai Phong tops 2024 PCI rankings following strong business environment reform efforts

VGP - Hai Phong city topped the 2024 Provincial Competitiveness Index (PCI) rankings for the first time by scoring 74.84 points, marking a significant milestone in the northern port city’s ongoing efforts to improve its business and investment environment.

May 07, 2025 9:00 AM GMT+7
Hai Phong tops 2024 PCI rankings following strong business environment reform efforts- Ảnh 1.

The awarding ceremony for top 10 performing localities in the 2024 Provincial Competitiveness Index (PCI) rankings, Ha Noi, May 6, 2025

This is a key finding of the 2024 PCI ranking report, the 20th edition of this kind, released by the Viet Nam Chamber of Commerce and Industry (VCCI) in Ha Noi on Tuesday.

The northern province of Quang Ninh, a long-time frontrunner in the PCI rankings, came in second with 73.2 points—up 1.95 points from last year. It continues to be one of the best performers, having remained in the top five for an impressive 12 consecutive years. Key improvements in Quang Ninh were observed in land access, transparency, fair competition, workforce training, and institutional quality.

Rounding out the top five were Long An, Bac Giang, and Ba Ria – Vung Tau. Other localities including Hue, Hau Giang, Phu Tho, Dong Thap, and Hung Yen were also in the Top 10. 

Meanwhile, centrally-run cities—Ha Noi, Ho Chi Minh City, Hai Phong, Hue, Da Nang, and Can Tho—were placed among the top 30 provinces and cities for overall governance quality. Each of these cities saw improvements in their PCI scores compared to 2023, although the pace of progress varied.

The PCI measures economic governance and administrative reform efforts across Viet Nam's provinces and cities, drawing from a survey of nearly 11,000 businesses nationwide.

The 2024 PCI also comes at a time of structural transition in Viet Nam's local administration system. 

This is the final PCI edition that will include all 63 provinces and cities in their current form. Under Government Resolution 74 and Central Committee Resolution 60, several provinces are expected to undergo administrative mergers to create 34 larger provincial-level units.

VCCI said that the performance gap in PCI scores between some of the merging localities underscores the need to harmonize governance quality as the new units are formed. Bridging these gaps will be essential to ensure a smooth transition and maintain the momentum in business climate reform.

However, the 2024 PCI also highlights areas where many provinces continue to struggle. Land access, high compliance costs, and a decline in local government dynamism remain key concerns for the private sector.

"As Viet Nam targets an ambitious GDP growth rate of 8 percent in 2025 and double-digit growth beyond that, sustaining high-quality local governance plays the decisive role," said VCCI.

VCCI also underlined the importance of improving the business environment for Viet Nam to stand by other leading economies in in the region and the world./.