The German Cooperative and Raiffeisen Confederation (DGRV) has committed to help the Mekong Delta province of Tien Giang develop its cooperative network.

President of the provincial Cooperative Alliance Nguyen Van Hong said in 2014, DGRV plans to organise symposiums and training courses to better the management and auditing capacity of the alliance’s staff and units.

It will also assist Tien Giang in building model cooperatives as examples to multiply across the province and improve the quality of communication activities about the locality’s collective economy.

Tien Giang is one of 20 provinces in Vietnam that has benefited from a DGRV consulting and assistance programme since 2004.

From 2004 to 2013, the province’s collective economy posted a growth of 250.6 percent in revenue and 296.4 percent in profit. The sector’s per capita income also shot up 232.5 percent during this period.

Tien Giang is also gaining from a programme to further the economic efficiency of cooperatives in the 2013-2017 period run by Canadian non-profit international development organisation SOCODEVI.-VNA