Vietnam

Ease of Doing Business in

Vietnam

This page summarizes Doing Business 2013 data for Vietnam. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region East Asia & Pacific
Income Category Lower middle income
Population 87,840,000
GNI Per Capita (US$) 1,260
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
99 99 0

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
60.9 60.7 down 0.2
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 108 109 up 1
Dealing with Construction Permits 28 27 up -1
Getting Electricity 155 157 up 2
Registering Property 48 48 No change
Getting Credit 40 38 up -2
Protecting Investors 169 167 up -2
Paying Taxes 138 153 up 15
Trading Across Borders 74 74 No change
Enforcing Contracts 44 41 up -3
Resolving Insolvency 149 145 up -4

Economy Profile

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Getting Electricity

Info

The challenges required for a business to obtain a permanent electricity connection for a newly constructed warehouse are shown below. Included are the number of steps, time, and cost.

DB 2013 Rank 155 DB 2012 Rank 157 Change in Rank up2
DB 2013 DTF** (% points) 58.9 DB 2012 DTF** (% points) 56.6 Improvement in DTF** (% points) up2.3
Indicator Vietnam East Asia & Pacific OECD

The number of procedures to obtain a permanent electricity connection. A procedure is defined as any interaction of the company employees or the company’s main electrician with external parties.

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Procedures (number)
6 5 5

The number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

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Time (days)
115 86 98

The cost is recorded as a percentage of the economy’s income per capita. Costs are recorded exclusive of value added tax.

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Cost (% of income per capita)
1,988.3 1,005.0 93.0
No. Procedure Time to Complete Associated Costs
1 The customer applies for electricity connection and awaits clearance from Ho Chi Minh City Power Corporation (EVN HCMC) 30 calendar days no charge
* 2 The customer obtains external inspection from Ho Chi Minh City Power Corporation (EVN HCMC) 1 calendar day no charge
3 The customer has to obtain an excavation permit for the underground connection at the Traffic and Transport Department 15 calendar days no charge
4 The customer hires a private firm for the design and carrying out of the external works 63 calendar days VND 544,000,000.0
* 5 The customer obtains certification of the design of the substation from Fire Fighters prevention Department 30 calendar days no charge
6 The customer obtains meter installation and final connection from Ho Chi Minh City Power Corporation (EVN HCMC) 7 calendar days no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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