In this year’s report, we also launch the Provincial Green Index (PGI), an initiative developed by VCCI with the support from the United States Agency for International Development (USAID) and private sector partners. This index evaluates and ranks provinces’ environmental policy from the perspective of businesses with the goal of promoting better business behavior and practices, including the application of new green technologies.
With the introduction of the PGI, we hope to encourage provinces and cities in Vietnam to pay greater attention to environmentally responsive economic development, provide upto-date information that informs investment and environmental policy, and ultimately promote an environmentally friendly business ecosystem that contributes to the country’s green growth orientation.
Vietnam’s green transformation will not be an easy journey, but we have high hopes for a fruitful one. Despite major challenges ahead in 2023, businesses are optimistic about the prospects of this new adventure. This year, we chose “HOPE” by the Vietnamese artist Nguyen Thanh Vu as the cover art for the PCI report, as it visualizes this optimistic sentiment. There is hope that Vietnam will make it through the global economic downturn, maintain a sustainable business environment, and deliver greater success to the business community in the country.