The secret of Da Nang's success

Published: March 16, 2017

Da Nang continues to top the Provincial Competitiveness Index (PCI) for the 4th consecutive year.

Nguyễn Xuân Anh
Secretary Anh

However, municipal Party Committee Secretary Nguyen Xuan Anh is still not satisfied. Local media talk to him about the city’s efforts to enhance administrative reforms to provide a more favourable business environment for investors.

Could you share your experience in helping Da Nang stay on the top of the 2016 PCI?

Da Nang has facilitated businesses to operate effectively in the city not only because of the top position.  We are always thinking how to create the most favourable conditions for businesses.  We are deeply aware that the success of businesses is the city’s success.

The 2016 index recognises the efforts by the business community and professional agencies.  It is an honour and pride for the city.  However, we will have to continue to strive for the business community whether we are on top or not.

Da Nang has topped the index for 4 consecutive years. What’s left to reform?

On the 100-point scale, Da Nang reached 70. So we still have 30 points to go before really reaching the top.  We are not satisfied with the results.  Also, taking the lead position does not mean holding it forever.  We still have many areas for further improvement.

We have targeted the enhancement of support services and administrative capacity for business.  These are areas in which we have not had high scores.

We want to treat all investors in the most equal and transparent way. In addition, we want to further improve all administrative procedures relating to taxes, lands and licences.

Many people think Da Nang will maintain its top ranking? What do you think?

In PCI history, Da Nang had been in the 12th and 5th positions. I think we could lose our competitive edge.  Other localities might also spare no efforts. If we do not move forward, we could move backward.

The Chairman of the Viet Nam Chamber of Commerce and Industry, Vu Tien Loc, has said local-level leaders seem to lack a spirit of administrative reform.  How do you assess the situation in Da Nang?

I think the implementation of national leaders’ guidelines at local levels is extremely important.  The city’s authorities at all levels know that providing the most favourable conditions for businesses is our task.

The Prime Minister asked the city to have 40,000 to 50,000 firms by the year of 2020. We now have 19,000 companies.  We will have to try hard to reach the set targets.

Does Da Nang pay attention to environmental factors in attracting foreign investment?

We have placed environmental factors as a top priority.  Da Nang will not trade a clean environment for the sake of foreign investment.  Sectors negative affecting the environment will not be welcomed in Da Nang.  All investors are welcome if they follow laws and regulations.

(Source: VNS)