The People's Committee of the northern province of Quang Ninh and the Viet Nam Chamber of Commerce and Industry (VCCI) have signed an agreement to support local enterprises up to 2020.— Photo baoquangninh.com.vn

HA NOI — The People's Committee of the northern province of Quang Ninh and the Viet Nam Chamber of Commerce and Industry (VCCI) have signed an agreement to support local enterprises up to 2020.

This forms part of the activities in the framework of a conference on implementing Resolution No 35/NQ-CP on supporting enterprises' development till 2020 in Ha Long City on Tuesday.

The two sides will work together to improve the investment environment and local enterprises' competitiveness.

Incentives will be offered to domestic and foreign firms to boost operations in the locality.

Addressing the event, Chairman of the provincial People's Committee Nguyen Duc Long affirmed that the province has attaches significance to local businesses in generating growth.

With the co-operation of the VCCI, the local business climate has remarkably improved, Long said.

According to an action plan, by 2020, the province aims to have over 9,000 highly capable and competitive enterprises, including 250 large scale and financially strong enterprises.