29/04/2016 09:37 GMT+7 Email Print Like 0

HCM City: A clear environment for businesses – most important

HCM City, April 28 (VNA) – Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong has asked for specific measures to raise the city’s competitiveness indices as building a healthy and transparent investment environment is most important.

Speaking at a conference on the city’s situation in April and the first four months of 2016 on April 28, Phong noted that the city’s competitiveness indices have reduced gradually in recent years.

Its Provincial Governance and Public Administration Performance Index (PAPI) is ranked 47 th out of 63 cities and provinces, down 29 places compared with 2011.

Meanwhile, its Provincial Competitiveness Index (PCI) also dropped from 4 th
place in 2014 to 6 th place in 2015. Among the PCI, the transparency from 4 th to 17 th place, he added.

To improve these indices, the municipal Department of Planning and Investment proposed several measures. However, Phong said that these measures remain unspecific and have yet to get straight to the point.

According to the municipal People’s Committee, the city will focus on administrative reform to create favourable conditions for businesses, organisations and individuals.