PM promotes role of co-operatives in industrialisation

Jul 9th at 12:44
09-07-2012 12:44:02+07:00

PM promotes role of co-operatives in industrialisation

Co-operatives should be a part of the national process of industrialisation and modernisation as well as the development of new rural areas, Prime Minister Nguyen Tan Dung said at a ceremony to mark the 2012 International Year of Co-operatives in Ha Noi on Saturday.

In addition to developing new co-operatives, it was necessary to consolidate and improve the efficiency of existing ones, Dung said.

The Viet Nam Co-operative Alliance (VCA), as the representative for the interests of co-operatives, needed to develop closer links with grassroots authorities in order to help solve difficulties for co-operatives, he said.

Meanwhile, the alliance needed to support the development of the co-operative economy as well as pay greater attention to training co-operative managers and providing vocational training to co-operative personnel, Dung said.

He also urged the alliance to actively expand external relations to take advantage of the support and co-operation of international co-operative alliances and organisations.

Speaking at the event, the chief representative of the UN Food and Agriculture Organisation (FAO) in Viet Nam, Yuriko Shoji, said that the UN was closely coordinating with the Vietnamese Government on a national target programme to develop new rural areas and build the capacity of co-operatives.

The UN would continue to closely co-operate with Viet Nam to create a favourable legal and policy environment for co-operatives, she added.

Since President Ho Chi Minh issued a letter 64 years ago calling on landowners and farmers to join co-operatives, the co-operative movement in Viet Nam has continuously developed. Currently, the country has some 370,000 co-operative groups, 19,500 co-operatives and 54 co-operative unions with 13 million members. The sector accounts for about 6 per cent of national GDP

vietnamnews



NEWS SAME CATEGORY

Nation is third largest investor in Laos

Viet Nam invested US$3.45 million in Laos during the first six months this year, ranking third in the list of leading investors in Laos, said deputy minister of...

Vietnam needs 200 trillion dong demand stimulus package for 2012

It is highly possible that the credit liberalization mechanism would be kicked off in July 2012. If so, the total credit to be pumped to the national economy may...

Economy shows signs of stability

Viet Nam's economy is showing signs of stable development in the face of difficulties caused by the global economic crisis, director of the Ministry of Planning and...

Manufacturers urged to study consumer trends

Consumer goods manufacturers need to develop a better understanding of the changing retail market situation in order to ensure what they produce is consumed...

Nation ranks 76th in innovation

The World Intellectual Property Organisation (WIPO) has released its Global Innovation Index 2012 (GII), in which Viet Nam was ranked 76th in innovation performance.

Vietnam pledges to assist Japanese investors

Deputy Prime Minister Nguyen Xuan Phuc has said the Vietnamese government always creates the best possible conditions for Japanese investors.

People getting poorer, shopping malls completely deserted

There are more retailers leaving shopping malls than the retailers setting up their new business there. The weak demand and continued loss have forced them to give...

Viet Nam top in world innovation

The World Intellectual Property Organization (WIPO) has released its Global Innovation Index 2012 (GII), in which Viet Nam was ranked 76th in innovation performance.

State budget revenues plunge

State budget collections have fallen short of projections for the past five years, Deputy Minister of Finance Do Hoang Anh Tuan told a meeting in Ha Noi yesterday.

First VN, Latin American forum opens

"We are glad to see trade and investment between Viet Nam and Latin American countries developing strongly," said Prime Minister Nguyen Tan Dung at the opening...


MOST READ


Back To Top