Illustrative photo (Photo: VNA)

Tra Vinh (VNA) – The German Cooperative and Reiffeisen Conferderation (DGRV) will carry our various programmes to help the Cooperative Alliance of Tra Vinh province improve capacity and raise awareness of a modern cooperative model.

To this effect, a memorandum of understanding was inked between the two parties on May 31.

Accordingly, the DGRV will support Tra Vinh Cooperative Alliance in improving its staff’s capacity to build business models and policies as well as setting up value chain and financial management methods.

There will be also training courses and seminars on the principles of the cooperative, effective business models, marketing plans and accounting principles.

At the signing ceremony, Helmut Pabst, Director of the DGRV programme in Vietnam, said that with available resources, the DGRV committed to helping local cooperative sector overcome all challenges.

Vice Chairman of the provincial People’s Committee Kim Ngoc Thai thanked Helmut Pabst for choosing Tra Vinh to carry out the DGRV programme.

The province is currently home to 129 cooperatives with more than 25,000 members. Seventy eight cooperatives are operating in the agricultural sector while the remaining focus on non-agricultural fields, he noted.

The management of and consultations for local cooperatives are the main difficulties of the provincial Cooperative Alliance, he said, adding that the DGRV programme is significant to improve the efficiency of the alliance.-VNA