Enhancing the Provincial Competitiveness Index in Ha Nam Province

The Provincial Competitiveness Index (PCI) of Vietnam's business environment is the result of a research collaboration between the Vietnam Competitiveness Initiative (VNCI) and the Vietnam Chamber of Commerce and Industry (VCCI). The PCI is designed to assess the business environment, the quality of economic governance, and the administrative reform efforts of local governments, thereby promoting the development of the domestic private economic sector. According to the assessment of the Vietnam Chamber of Commerce and Industry, in 2022, Ha Nam achieved 64 points, ranking 46th out of 63 provinces and cities nationwide, an increase of 0.72 points, a decrease of 4 ranks compared to 2021, and lower than the national median of 1.22 points. With the aim of strongly improving the province's PCI, striving to increase the annual ranking, creating motivation to attract investment, develop enterprises, and contribute to promoting socio-economic development, the article provides a detailed assessment of the 10 component indicators in the Provincial Competitiveness Index of Ha Nam in 2022. From there, it can be seen which indicators have increased points that need to be promoted and which indicators have decreased points that need to be addressed. The article also provides some solutions to improve the provincial competitiveness index of Ha Nam province.