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.
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.
Although the collective economy in Ho Chi Minh City has gained positive results, limitations still exist, district officials and cooperative leaders have said.
The Mekong Delta province ofTien Giang is determined to achieve the economic growth target of 7 percent this year despite being affected by the COVID-19 pandemic, a local official has said.
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.
The northern province of Bac Giang will continue investing in, developing, and duplicating hi-tech agricultural production models, Director of the provincial Department of Agriculture and Rural Development Duong Thanh Tung has said.
Ho Chi Minh City is striving to complete the target of new-style rural building in the direction of developing hi-tech urban agricultural areas by December 31.
The 2020 white book on cooperatives of Vietnam, the first of its kind so far, is scheduled to be released this April, aiming to serve the making of policies on developing the most important element of the collective economy.
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.
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XIII National Congress of Communist Party of Vietnam
