HN ranks 104th in Global City Competitiveness

VGP - Hà Nội and Hồ Chí Minh City are amongst the 140 cities in the most competitive index in the world, according to a new report Global City Competitiveness by The Economist Intelligence Unit (EIU).

March 15, 2012 5:42 PM GMT+7

A corner of Hà Nội

In the world chart consisting of 120 cities, Hà Nội ranked 104th with 38.8 points on the 100 point rating scale while Hồ Chí Minh City ranked 109th with 36.5 points.

Hà Nội only went to the 36th place and Hồ Chí Minh City, the 39^th, out of 44 cities in the Asia-Pacific region.

Despite the low competitive index, Hà Nội had a good review in the ‘economic strength’ category. With 43.8 points, the capital was placed 20th in world top 30 along with Hong Kong. According to the report, Hà Nội's GDP will have an average growth of 10.2% per year in the 2010-2016 period.

The EIU said the report was developed to measure city indexes across eight distinct categories of competitiveness, including economic strength, human capital, institutional effectiveness, financial maturity, global appeal, physical capital, social and cultural character and environmental and natural hazards.

By Thùy Dung