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| Wed, May 22, 2013 |
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Da Nang seeks ways to improve competitiveness
Updated:
5:37PM (GMT+7), Fri, August 17, 2012
Nhan Dan – A seminar was jointly held August 16 by the Da Nang municipal People’s Committee and the Vietnam Chamber of Commerce and Industry (VCCI) to discuss ways to improve the city’s Provincial Competitiveness Index (PCI) in 2012.
Over 100 experts, managers, researchers and representatives from the city’s government, VCCI, and businesses attended the event. Da Nang topped the PCI rankings in Vietnam for the third straight year since 2008, however, the city’s PCI in 2011 ranked fifth among 63 provinces and cities throughout the country with 66.98 points, down 2.79 from last year’s totals. The decline resulted from the drop in some PCI indexes, including time costs for implementation of government regulations, business support services, and legal institutions, in addition to human resource training quality and land accessibility. Van Huu Thiet, Vice Chairman and General Secretary of the city’s Small and Medium Enterprises (SMEs) Association said that SMEs, which account for more than 98% of businesses in the city and contribute most to its overall development, have yet received preference on loans, land access and technology from the city. He suggested that the city should have more preference policies for supporting SMEs, particularly further improving land access policies to form a separate industrial park for SMEs. Vu Tien Loc, Chairman of VCCI proposed strengthening the proactivity and leadership of the municipal authorities to create an attractive and transparent investment environment to meet the need of enterprises. Participants also suggested Da Nang quicken reform of administrative procedures and guarantee publicity and transparency in all policies for enterprises. The city needs to review trade promotion activities, promote market research, support brand development, encourage enterprises to renovate, and help them access necessary capital resources. It also should strengthen information exchange between the municipal government and businesses to define and resolve difficulties for the business community as well as map out suitable policies for the city’s development.
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