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Quang Ninh authorities talk with businesses

The People’s Committee of northern Quang Ninh province held a dialogue with over 600 representatives from businesses and cooperatives in Ha Long city on April 3 to update them on the local policy on socio-economic development 2017 and extricate difficulties for enterprises.

The meeting was also intended to seek funding for businesses from the Small- and Medium-Sized Enterprise Development Foundation.

Pham Hai Quynhhe , Director of Van Hai Xanh Travel and Transport JSC, said he hopes the funding will help develop local SMEs, and suggested making it easier for businesses to complete all necessary procedures.

Chairman of the provincial People’s Committee Nguyen Duc Long said it takes 20 days to handle administrative procedures.
At the event, entrepreneurs and investors contributed practical ideas to improve local business environment.

Quang Ninh ranked second nationwide in provincial competitiveness index (PCI) with 65.60 points in 2016, leaping one place from 2015. 

A total of 1,667 businesses were established in 2016 with a total registered investment of VND11.76 trillion (US$552.7 million), a year-on-year rise of 13% in volume and 21% in capital.

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