Vietnam’s Improving Business Environment: 2018 Provincial Competitive Index

Vietnam’s business environment continues to improve according to the recently released 2018 Provincial Competitiveness Index (PCI) report. FDI remains strong, with high technology sub-sectors such as electronics accounting for an increasing part of foreign investment.

The PCI is a collaborative report by the Vietnam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID).

The improvements contributed to a more equitable business climate for private firms, and better administrative reform. The survey mentioned that businesses were also more bullish about further business growth in the coming months.

This is an exerpt from an article appearing in Vietnam Briefing, a subsidiary of Dezan Shira & Associates. For the latest economic, regulatory and business news from Vietnam, visit vietnam-briefing.com.