The Ministry of Industry and Trade has just coordinated with the Government Office to organize the Announcement Ceremony of the Index to assess the implementation results of Free Trade Agreements (FTAs) of localities - FTA Index in 2024.
FTA Index is an index that assesses the capacity to implement commitments in FTAs in 63 provinces and cities. The FTA Index is built on four main pillars: FTA dissemination and propaganda; Implementation of legal regulations on FTAs; Support policies to improve competitiveness; Implementation of commitments on sustainable development.
The total score of each locality is calculated based on a 10-point scale for each component index, forming a maximum total score of 40.
Ca Mau ranks first among localities that implement FTA well
Accordingly, the TOP 10 localities leading the country in terms of FTA Index score in 2024 include: Ca Mau (34.90 points), Thanh Hoa (34.13 points), Binh Duong (34.02 points), Khanh Hoa (32.92 points), Tra Vinh (32.74 points), Long An (32.50 points), Ha Giang (32.46 points), Bac Lieu (32.43 points), Ninh Binh (31.74 points), Dien Bien (31.72 points).
The FTA Index 2024 recorded an average score of 26.20 points for 63 provinces and cities, while the province with the lowest score only reached 14.49 points. This shows a significant difference between localities in their capacity to implement integration commitments.
The development of the FTA Index is not only a simple ranking, but also a strategic step in measuring the effectiveness of international integration at the local level - where FTA commitments are directly implemented for businesses. At the same time, through this index, the Government will have a better understanding of the implementation of support for businesses to take advantage of FTAs in localities to have directions and monitor the implementation of FTAs in localities, and promptly support businesses in overcoming difficulties; thereby helping businesses have sustainable development orientations, meeting integration standards.
The FTA Index 2024 was developed under the direction of the Prime Minister and is the result of close and effective coordination efforts between the Ministry of Industry and Trade and ministries, branches, localities, industry associations and enterprises with the aim of further improving the effectiveness of implementing Vietnam's FTAs, contributing to the successful implementation of the economic growth, investment and trade goals of the Party and Government of Vietnam. |
Source: https://baolangson.vn/top-10-tinh-thanh-dan-dau-ve-nang-luc-thuc-thi-fta-5043614.html
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