Industrial cooperatives share success stories

Representatives from agricultural cooperatives gathered at a forum in Hanoi on July 30 to share experiences and difficulties and discuss measures to enhance the efficiency and quality of their operations.

Speaking at the event, Deputy Head of the Department of Cooperatives and Rural Development Le Duc Thinh said through the forum, State agencies hope to hear cooperatives’ proposals on policies and mechanisms to boost the cooperative economy.

The cooperatives divided into small groups to review different topics, including cultivation, animal breeding, credit, farm produce sales and equipment supply.

According to Nguyen Phi Duc, Director of the Duong Lieu service-trade-agriculture cooperative in Hanoi’s Hoai Duc district who chaired the discussion group for farm produce sales, the key factor in the success of agricultural cooperatives is understanding market trends and the tradition of each region.

Proper application of production and sale contract regulations is also necessary, he said. Duc highlighted the need for close coordination of cooperative members and the connection between farmers and businesses.

He also held that cooperatives should focus on improving product quality towards national and international standards while forming sales chains and investing in new equipment.

Dang Van Son, Director of the Hai Yen agro-fishery cooperative in Quang Ninh province, said timely investment support policies as well as transparency will help cooperatives develop and be successful.

However, cooperative representatives pointed out that limited capital and a lack of synchronous technological application are significantly affecting the growth of cooperatives.

Son proposed that cooperatives set up linkages and share information and experience through forums. At the same time, State agencies should complete support policies and mechanisms for cooperatives in finance, training and technology.-VNA