VCCI releases PCI 2.0 and 2025 Vietnam Private Sector Report

The Vietnam Chamber of Commerce and Industry (VCCI) has released the 2025 Vietnam Private Sector Report and the updated Provincial Competitiveness Index (PCI 2.0). This release marks a significant methodological shift after more than two decades of implementation.

PCI 2.0 moves beyond merely ranking local governments to assessing how institutional reforms translate into actual competitiveness for the private sector. The new framework includes nine component indices with 98 indicators. Additionally, the Business Performance Index (BPI) has been introduced as an independent measure with 23 indicators to evaluate the effectiveness of the private sector.

The 2025 survey included 5,128 enterprises and business households across 34 provinces and cities, notably including 1,001 individual business households for the first time. Rather than a simple ranking system, the new PCI methodology categorizes administrative quality into six distinct groups. Provinces such as Bac Ninh, Da Nang, Hai Phong, Phu Tho, and Quang Ninh were identified as having outstanding administrative quality.