Northern Hai Phong port city was ranked first in the 2024 Provincial Competitiveness Index (PCI), according to a report released by the Vietnam Chamber of Commerce and Industry (VCCI) on May 6.

The 2024 PCI report demonstrated positive progresses in localities’ efforts to enhance business environment and promote the private economic sector.

Northern Quang Ninh province ranked second, followed by southern Long An province and northern Bac Giang province.

The remaining provinces or centrally-governed cities in the Top 10 were Ba Ria-Vung Tau, Hue, Hau Giang, Phu Tho, Dong Thap, and Hung Yen.

The release of the 2024 PCI marks the 20th anniversary of the index’s introduction, aimed at fostering a transparent, business-friendly, and competitive environment across Vietnam.

The report is based on feedback from nearly 11,000 domestic and foreign enterprises, providing a comprehensive overview of provincial economic governance and business sentiment nationwide.