The first-ever Publication of the Business Performance Index (BPI) for Private Sector Development has been released.

(Dong Nai) - On May 15th, in addition to announcing the results of the Provincial/City Competitiveness Index 2025 (PCI 2025), the Vietnam Federation of Commerce and Industry (VCCI) also announced the results of the Business Performance Index (BPI).

Results of the Private Sector Performance Index (BPI) for Dong Nai and some other localities nationwide in 2025. Source: Vietnam Private Sector Report 2025 published by VCCI.

This year marks the first time the Business Performance Index (BPI) has been piloted and published. The BPI is not designed to replace the PCI, but rather to serve as a supplement, expanding the analytical framework from purely assessing the quality of the business environment (institutional inputs) to quantifying practical performance results (market outputs). As a supplementary index, the BPI stands independently and is not included in the overall PCI score.

The BPI 2025 comprises 23 indicators grouped into two dimensions. The first dimension, "Private Sector Development," focuses on core business performance outcomes such as enterprise size, sustainability, revenue growth, and profitability. This is a traditional output group that can be more directly linked to the quality of provincial-level economic governance.

Meanwhile, the second dimension, "Innovation," reflects aspects of technological capability, innovation investment, and supply chain linkages. Indicators in this dimension are often strongly influenced by the industry structure, technological foundation, and depth of the local innovation ecosystem.