Announcing the Provincial Competitiveness Index 2024, Lao Cai ranked 23rd

According to the PCI 2024 results, Hai Phong won the top spot for the first time with 74.84 points; Quang Ninh ranked 2nd with 73.2 points; Long An ranked 3rd with 72.64 points; Bac Giang ranked 4th with 71.24 points; Ba Ria - Vung Tau ranked 5th with 71.17 points.

Provincial Competitiveness Index - PCI 2024.

In the top 10, Hung Yen is named for the first time, along with Hue, Hau Giang, Phu Tho and Dong Thap .

The group of 30 provinces and cities with the best governance quality in 2024 also recorded many positive movements of some localities, such as Ha Nam reaching 22nd place for the first time - the best result ever; Thai Binh also returned to the top 30 after 3 years.

Six centrally-run cities, namely Hanoi, Ho Chi Minh City, Hai Phong, Hue, Da Nang and Can Tho, are all in the group of 30.

According to the ranking, the PCI index of Lao Cai province in 2024 reached 68.56 points, ranking 23rd out of 63 provinces and cities nationwide, up 3 places compared to 2023. In the Northern Midlands and Mountains region, Lao Cai's PCI ranked after Bac Giang, Phu Tho, and Lang Son provinces.

According to the VCCI representative, PCI 2024 is also the 20th announcement of VCCI, the last time there are all 63 provinces and cities in the ranking, before the process of rearranging provincial administrative units according to the Central Resolution is officially implemented from the second half of 2025. This is a special time, closing the 20-year cycle of persistent reform, while opening the door to a new era of development - where operational efficiency and innovation will be the main drivers of growth.

With the merger of provincial administrative units, the rearrangement of the local government apparatus into two levels, and the reorganization of local departments and branches, the improvement of the provincial business environment will have many new opportunities and challenges in the coming time.

In 2023, Lao Cai province's PCI index reached 67.38 points, ranking 26/63 provinces and cities.

Source: https://baolaocai.vn/cong-bo-chi-so-nang-luc-canh-tranh-cap-tinh-nam-2024-lao-cai-xep-thu-23-post401374.html