A place for preliminary processing of vegetables of Phuoc An Cooperative in Ho Chi Minh City. (Photo: SGGP)

Economic contribution of cooperatives in GDP falls sharply

A report by the Department of Cooperative Development under the Ministry of Planning and Investment showed that there were around 101,400 cooperative groups across the country, up 0.58 percent compared to that in 2003, attracting 1.34 million members, up 57.3 percent compared to that in 2003.
Ben Tre focuses on developing cooperatives  ​

Ben Tre focuses on developing cooperatives ​

Leaders of the Mekong Delta province of Ben Tre Party and People’s Committee have just had meeting with representatives of cooperatives in the province to listen to their opinions about operation of the cooperatives.
Deputy PM Hue visits a flower cooperative in Lam Dong (Photo: SGGP)

Vietnamese gov’t to finance cooperatives

Cooperatives have so far grown contributing 5.6 percent to the country’s Gross Domestic Product, said participants at a conference in Hanoi yesterday; accordingly, Deputy Prime Minister Vuong Dinh Hue proposed financing them.
Residents are encouraged to involve in planting and managing forests (Source: VNA)

Cooperatives encouraged to take part in afforestation

In order to boost afforestation with the participation of cooperatives, provinces and cities need to provide consultancy and assistance for cooperatives, cooperative groups and households to develop and manage forests effectively and sustainably in 2018, said the Vietnam Cooperative Alliance (VCA).
Farmers are working in a cooperative in Lam Dong Province (PHoto: SGGP)

Cooperatives facilitated to access to preferential loans

Some 35.7 percent of the cooperatives in the South Central Coastal and the Highlands region contributed greatly to the local economic growth, said participants at a meeting on July 7 in Da Lat Town held by the Ministry of Agriculture and Rural Development to review the implementation of Cooperative Law from 2012.