Vietnam's 2025 Provincial Competitiveness Index announced
Hanoi, May 15 -- The Vietnam Chamber of Commerce and Industry (VCCI) on May 15 released the Vietnam Private Economic Report 2025 and the 2025 Provincial Competitiveness Index (PCI 2025), unveiling a new-generation assessment framework at a pivotal moment in the country's economic reform process. After 21 consecutive years of implementation, this year's report introduces PCI 2.0, a redesigned version of the widely recognised index. The launch comes as Vietnam enters a new development era, with ambitions to achieve double-digit GDP growth from 2026 onward alongside three unprecedented reforms: reducing the number of provincial-level administrative units from 63 to 34, transitioning to a two-tier local administration model, and institutional...
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