Prime Minister Nguyen Xuan Phuc chaired the sixth plenary meeting of the 13th National Party Congress’s Sub-Committee on Socio-Economic Affairs in Hanoi on January 16.
Deputy Prime Minister Vuong Dinh Hue said although the collective economy had achieved substantial development, due attention hadn’t been paid to the sector.
Draft documents for the upcoming 13th National Party Congress and personnel issues were high on the agenda of the 11th plenum of the Party Central Committee, which took place in Hanoi from October 7-12.
Prime Minister Nguyen Xuan Phuc stressed that developing the collective economy must start from people’s demand, during a teleconference in Hanoi on October 14 reviewing the 15-year implementation of the resolution on renewing, developing and improving the efficiency of the collective economy and cooperatives.
Deputy Prime Minister Vuong Dinh Hue highlighted that the collective economic sector has escaped from the prolonged weakness while addressing a forum in Hanoi on October 14.
While positive results have been achieved getting people to work together as part of a cooperative, there’s still limitation in its development, said Vo Thanh Thong, Deputy Minister of Planning and Investment.
Deputy Prime Minister Vuong Dinh Hue has applauded contributions of the collective economy in the non-agricultural sector to new-style rural area building and poverty reduction over the past 15 years.
Ho Chi Minh City has achieved positive results in the implementation of its collective economic model, with an increase in the number of cooperatives and their quality, according to the municipal People’s Committee.
Collective economy and agricultural cooperatives have developed in both quantity and quality, contributing to the restructuring of agriculture and new rural building.
The Ministry of Planning and Investment (MPI) should be a national innovation centre and a pioneer in economic reform, Deputy Prime Minister Vuong Dinh Hue said at a teleconference on July 18.
Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Planning and Investment and the Vietnam Cooperative Alliance (VCA) to compile a “white book” on the country’s collective economy and cooperatives.
Ho Chi Minh City is set to establish 50 new cooperatives and one cooperative union this year and hopes to push the annual growth of the collective economy to 10 percent and its contribution to the city’s economy to 0.6 percent.
Deputy Prime Minister Vuong Dinh Hue shared Vietnam’s experience in developing cooperatives with a delegation of the Lao National Economic Research Institute in Hanoi on March 19.
The 15-year implementation of a Party Central Committee’s resolution on continuing to reform, develop and improve the effectiveness of the collective economy will be reviewed.
Deputy Prime Minister Vuong Dinh Hue has emphasised the importance of ensuring quality and effectiveness of agricultural cooperatives, instead of pursuing formalism in their establishment.
Prime Minister Nguyen Xuan Phuc has directed strengthening cooperatives at all levels with the support of authorities as they have an important mission in the country’s integration effort and contribute significantly to the national socio-economic development.
More than 15,000 farmers in the Mekong Delta province of Hau Giang will benefit from the Vietnam Sustainable Agriculture Transformation project (VnSAT), said Vice Chairman of the provincial People’s Committee Truong Canh Tuyen.
Joining production chains has become a vital choice for cooperatives in the northern province Quang Ninh in order to survive, when most of them have limited capital and operate on small scale.
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