Friday, November 8, 2024 2:26:01 AM - Markets closed
VN-INDEX 1,259.75 -1.53/-0.12%
HNX-INDEX 227.49 -0.27/-0.12%
UPCOM-INDEX 92.32 -0.39/-0.42%
Long An enhances investment attraction through DDCI
vietnamnews - 11/6/2024 4:41:59 PM
 (0 ratings. You must sign in to rate.)
The Mekong Delta province of Long An has been focusing on improving its investment climate and public service quality through its District and Department Competitiveness Index (DDCI), which assesses and motivates agencies and localities to improve services.
 
 
 
Long An Province's officials meet with foreign investors, emphasising the importance of encouraging local agencies to enhance their public services through the District and Department Competitiveness Index. — Photo thanhnien.vn
 
The Mekong Delta province of Long An has been focusing on improving its investment climate and public service quality through the District and Department Competitiveness Index (DDCI), which assesses and motivates agencies and localities to improve services.
 
Last year, Long An began carrying out its Long An DDCI by surveying over 1,600 businesses, co-operative groups and business households in the province that use public administrative services.
 
This index serves as a tool to evaluate the competitiveness and operational quality of various departments and localities, providing an avenue for businesses, investors, and citizens to offer feedback. It also gathers insights into the opinions of businesses and the public regarding the work ethic and service quality of State agency staff, as well as gauging the level of public and business interest in State socio-economic policies.
 
The targets include 19 provincial-level departments and organisations, as well as 15 district People’s Committees.
 
The province's DDCI inherits the basic components and some of the indicators of the Provincial Competitiveness Index (PCI), including transparency and access to information; leadership of the organisation; cost of time to carry out administrative procedures and follow legal regulations; unofficial expenses; fair competition; production and business support; effectiveness of legal institutions, and security and order; and access to land.
 
This initiative also drew on experiences from other cities and provinces, and it is considered to be a big step in the province’s administrative reform efforts to enhance its general competitiveness.
 
Long An pays a great deal of attention to carrying out the survey and assessment of DDCI in an accurate and objective manner, so that the results can be used to build a friendly and effective government.
 
A wide range of targets covering many industries are surveyed and interviewed through many methods to ensure that the data is truly representative and trustworthy.
 
Long An DDCI has been playing a role in motivating localities to proactively improve their administrative services and tackle their limitations to better serve investors and businesses.
 
For example, Tân Trụ District People’s Committee has been using an AI-powered virtual consultant switchboard called Chatbot for the Long An hotline 1020.
 
When a person or business in Tân Trụ calls the hotline, the Chatbot system can analyse the caller’s requests and provide a suitable response, following a written script, increasing caller satisfaction and saving time and resources.
 
The Long An Economic Zone Authority has also been improving its administrative procedures related to the issuance of investment permits. All 44 administrative procedures are processed under the “single window model” (only one agency is involved as opposed to many).
 
By launching the DDCI, the province’s general investment climate has improved. In 2023, Long An’s PCI ranked second out of the entire country, up eight spots compared to 2022.
 
 
Long An localities and departments were honoured for their DDCI rankings in 2023. — Photo baolongan.vn
 
​During a ceremony held in July, Long An Province recognised and honoured several localities and organisations for their DDCI rankings in 2023.
 
These included the Long An Economic Zone Authority, Department of Culture, Sport and Tourism, Department of Labour, War Invalids and Social Affairs, Department of Planning and Investment, and the Department of Industry and Trade.
 
The five districts of Tân Trụ, Tân Thạnh, Châu Thành, Thủ Thừa and Đức Hòa were also recognised for their DDCI rankings.
 
Many businesses surveyed expressed confidence in Long An’s steadily improving investment climate, noting positive changes in the operations of local agencies—evidence of the province’s commitment to fostering favourable conditions for investors.
 
Long An aims to further enhance its investment environment by urging agencies to address their limitations and avoid complacency with current achievements. The province is dedicated to raising its standings in competitiveness, environmental protection, and other key areas. — VNS
 
 
 
Read original article here

Read original article here

Newer News
07/11 Foreign investment disbursement hits $19.58b in 10 months
07/11 VN posts trade surplus of US$23.31 billion in 10 months
07/11 LEGO Group nears completion of Vietnam factory, begins test run
07/11 E-commerce opens more doors for Vietnamese enterprises in EU: expert
07/11 Water, waste treatment expos return to HCM City
07/11 Nearly 300 exhibitors join in Vietfood & Beverage - Propack Vietnam 2024
07/11 Da Nang airport, international terminal operator to merge online channels
07/11 EIMA 2024 underway with focus on green agriculture
07/11 CPI rises by 0.33 per cent in October
06/11 Domestic exporters urged to shield against trade remedy threats
Older News
06/11 Vietnam ranks fifth in the world in tea exports
06/11 Vietnam’s WTO journey: From economic integration to global trade powerhouse
05/11 PM urges national brands to expand towards a green future
05/11 Foreign suppliers pay over VNĐ18 trillion in taxes via electronic portal
05/11 Hanoi takes drastic measures to disburse public investment
05/11 VN's key exports are on a path of recovery: industry experts
05/11 Brand management will help sustainable business development, experts say
05/11 Fresh coconuts quenching new overseas markets
05/11 New solutions needed for urgent power projects
05/11 Vietnam's seafood sector primed for growth with favourable exports
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,259.75 -1.53/-0.12%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.