The Provincial Competitiveness Index is an indicator to evaluate and rank the governments of provinces and cities of Vietnam in terms of the quality of economic governance and building a favorable business environment. This is a measure of the level of local competitiveness in attracting and supporting development investment enterprises in a province. In recent years, localities have had many changes in policies and mechanisms, creating a strong attraction for investors, especially FDI. This plays an important role in promoting the development of local socio-economic sectors. The provincial government has been making great efforts to improve the business environment, creating favorable conditions for businesses and investors in the area. Therefore, many provinces and cities have risen to the top among localities in attracting investment, especially FDI. These successes have brought researchers, organizations at home and abroad to pay attention to the role of the provincial level, but more specifically the provincial competitiveness in Vietnam. Therefore, the study of provincial competitiveness index is not only aimed at promoting the development of the economy in general, but also contributes to exploiting the strengths of regional, sectoral and inter-regional relations. local in the development process.
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