Deputy Prime Minister Vuong Dinh Hue said although the collective economy had achieved substantial development, due attention hadn’t been paid to the sector.
The 2020 national forum on collective economy and cooperatives will be held in the third quarter, with the number of participants expected to reach about 500.
Although the collective economy in Ho Chi Minh City has gained positive results, limitations still exist, district officials and cooperative leaders have said.
Vietnam will develop the collective economy in the direction of building product value chains, increasing its contribution to domestic economic development, Deputy Prime Minister Trinh Dinh Dung said at a forum held by the Ministry of Planning and Investment and the Vietnam Cooperative Union in Hanoi on December 11.
The development of the collective economy must originate from people’s demand and be in line with the actual conditions and market economy rules, Prime Minister Nguyen Xuan Phuc said on December 22.