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Major cities rank low in friendly investment climate: survey (08/12)
06/08/2010 - 114 Lượt xem
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The GSO, in-coordination with the World Bank has polled 9,500 enterprises in 63 cities and provinces nationwide, which accounts for 8.3 percent of the total existing businesses. Criteria for valuation of the local investment environments comprise the hindrances in the investment environments, quality of infrastructure and services; expenses for land, labour force, legal framework and dispute settlement. The worst provinces were named as the southern Ho Chi Minh City and the northern provinces of Quang Ninh, Thai Nguyen, Nam Dinh and Ha Tay. The capital city of Hanoi was not listed among the worst provinces, however, it ranked only 50th out of the surveyed 63 cities and provinces, while another big city, Hai Phong placed 53rd. The top 10 best provinces for convenient investment climate include southern Bac Lieu, Soc Trang, Tien Giang, Can Tho and Tay Ninh, central Phu Yen, Quang Tri, and Binh Thuan and northern Lao Cai and Vinh Phuc. Regarding the obstacles in the investment environment, the GSO focused on finding the difficulties that have been hindering businesses in running investors’ projects. As many as 38 percent of the polled businesses said that they had to pay money ‘under-the-table’. And only 18 percent of enterprises said they could be protected by the laws if a dispute arose. This is the first time a state agency has developed a report on the current investment environment. Prior to that, several other institutions reported on the local investment climate, including the Vietnam Chamber of Commerce and Industry (VCCI), which assessed provincial investment attractiveness based on the “PCI” (provincial competitiveness index). |
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