Want to be in the loop?
subscribe to
our notification
Business News
CITY SURVEYS 15,000 ENTERPRISES TO ASSESS GOVERNMENT’S COMPETITIVENESS
HCM City is carrying out a survey of more than 15,000 firms, cooperatives, and business households as part of its 2023 Department and District Competitiveness Index (DDCI).
The survey aims to gather feedback from the businesses and evaluate the competitiveness of the city’s 22 districts, including Thủ Đức City, and 17 departments.
This year, emphasis will be placed on the participation of foreign direct investment (FDI) businesses to assess the effectiveness of investment attraction policies in the city.
The survey will encompass a range of indicators such as transparency, efficiency of departments and agencies, costs, fair competition, business support activities, legal institutions, and the roles of leaders within these organisations.
In addition, factors such as land access, stability of land use, green index, health, and the environment will also be evaluated.
The objective of the index is to assist the city’s departments, agencies, and districts in identifying their strengths and weaknesses, enabling them to make necessary adjustments to create a more favourable environment for investment, production, and business activities across all sectors.
Võ Văn Hoan, vice chairman of the People’s Committee, said to ensure transparency, the city would invite experts from reputable domestic and foreign business associations, institutes, and universities to participate in the assessment process.
While these experts would provide recommendations and solutions based on the survey results, they would not be allowed to interfere with or influence the final outcomes.
The survey results will be announced in February of next year.
In addition to the DDCI, the country’s second largest city is also working on improving other indices such as the Public Administration Reform Index (PAR Index), Public Administration Performance Index (PAPI), and Provincial Competitiveness Index (PCI).
This is the second year that the city has conducted the survey.
According to DDCI results from the previous year, which were released in May 2023, the Department of Science and Technology ranked first in the index, followed by the HCM City Export Processing and Industrial Zones Authority, the Department of Industry and Trade, the Department of Culture and Information, and the Department of Justice.
These departments also achieved high scores in criteria such as transparency and access to information, application of information technology and digital transformation, costs, fair competition, business support, legal institutions, creative dynamism, and effectiveness.
The Department of Labour, Invalids, and Social Affairs ranked at the bottom, ahead of the Department of Natural Resources and Environment and the Department of Transport.
Regarding districts, Phú Nhuận District emerged as the top performer with a score of 78.56, followed by District 11, District 10, and Tân Phú District.
Thủ Đức City, which was formed through the merger of HCM City’s districts 2 and 9 and Thủ Đức District in 2020, ranked at the bottom, ahead of Bình Chánh and Củ Chi outlying districts.
Over 15,000 firms, cooperatives, and business households were invited to participate in the first survey from December 2022 to the end of January 2023.
Source: VNS
Related News
VIETNAM RISING STAR: CONNECTING GLOBAL CAPITAL TO VIETNAM'S HIGH-GROWTH FRONTIERS
Vietnam stands at a pivotal inflection point as global supply chains reconfigure and capital seeks resilient, innovation-driven markets. HKBAV is proud to support the exclusive Inbound Investment Forum "Vietnam Rising Star: Connecting Global Capital to Vietnam's High-Growth Frontiers", bringing together global investors, corporate decision-makers, and financial experts to unlock the next wave of foreign direct investment and strategic M&A opportunities in Vietnam!
VIETNAM GO GLOBAL: MASTERING OUTBOUND INVESTMENTS & EXPANSION FROM LOCAL TO GLOBAL
Vietnamese enterprises are increasingly looking beyond domestic borders to scale on the international stage. HKBAV is proud to support the exclusive Outbound Investment Forum "Vietnam Go Global - Mastering Outbound Investments & Expansion from Local to Global", bringing together influential corporate decision-makers, global investors, and financial experts to navigate the practicalities of cross-border expansion!
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
























