QUANG NINH LEADS PCI 2021

Attending the ceremony were Mr. Pham Tan Cong, Chairman of VCCI; Mr. Marc. E. Knapper, US Ambassador to Vietnam. On the side of Quang Ninh province, there were comrades: Nguyen Xuan Ky, member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; Nguyen Tuong Van, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, and representatives of a number of departments, branches and localities in the province.

At the announcement ceremony, VCCI took time to analyze the impact of the Covid-19 pandemic on business activities and assess the prospect of recovery in the context of Vietnam's new normal in the near future.

Leaders of Quang Ninh province received the prestigious PCI champion trophy for the 5th time in a row.

Specifically, despite being affected by the epidemic, the quality of provincial economic management in Vietnam continues to maintain an improved trend over time. Administrative reform has made positive changes, with increased efficiency and effectiveness of enforcement. Anti-corruption efforts are working to reduce the informal cost burden on businesses. Labor quality and infrastructure have improved markedly.

Experts analyze the impact of the Covid-19 pandemic on business activities and assess the prospects for recovery in the context of Vietnam's new normal in the near future.

In Quang Ninh, business support is also actively and effectively implemented. The province has issued many policies, organized meetings, exchanged information, established working groups to promptly grasp, support and remove difficulties for businesses and investors. In addition, focusing on transforming the economic model to suit the new situation, identifying the industry and construction sector as the main pillars to ensure economic growth and budget revenue; accelerate the construction of new factories and put into production projects in the field of processing and manufacturing industries in economic zones and industrial zones; improve production capacity, domestic consumption and export, especially high-tech products with great added value...

As a result, in 2021, despite many difficulties, Quang Ninh is still an attractive destination for investors with a total attraction of non-budget investment capital reaching over VND 360 trillion. In which, attracting new-generation FDI reached nearly 1.2 billion USD, nearly 3 times higher than 2020. In the province, there are 145 FDI ​​projects of investors from 20 countries and territories. , carrying out production and business activities, with a total registered investment capital of about 8.15 billion USD.

Thus, Quang Ninh has maintained 5 consecutive years in the top position and 9 consecutive years in the group of 5 provinces and cities with the best economic management quality in the country.

This result is of great significance for the Quang Ninh provincial government in its efforts to socio-economic development even under the impact of the Covid-19 global pandemic; affirming the determination of the province in improving the business environment and effectively enhancing competitiveness; continues to affirm the confidence and satisfaction of the business community and investors in the direction and management of Quang Ninh province despite any difficult circumstances...