ICA asked to support VN co-operative development

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Báo điện tử CP English - 4 month(s) ago 1 readings

VGP – PM Nguyen Xuan Phuc has asked the International Co-operative Alliance (ICA) to continue support for enhancing the competitiveness and capacity of Vietnamese co-operatives.

PM Nguyen Xuan Phuc welcomes ICA- Asia Pacific delegation led by President Li Chunsheng at the Government headquarters on Thursday. Photo: VGP

The Government chief raised the point at meeting with President of ICA- Asia Pacific (ICA-AP) Li Chunseng, who is in Viet Nam to attend the 10 th regional Co-operative Ministers’ Conference in Ha Noi.

The Vietnamese Party and Government have paid special to co-operative development, considering it as an important model for national development as around 70% of the country’s population lives in rural areas.

PM Phuc said Viet Nam plans to increase the number of co-operatives by 15,000 by 2020.

In a bid to achieve the target, the Vietnamese National Assembly issued and amended the Law on Co-operatives for three times and adopted a resolution on development of new-style cooperatives through 2020.

Earlier last year, the Government approved a pilot co-operative model for the Mekong Delta for 2016-2020

Chairman of the Viet Nam Co-operatives Union Vo Kim Cu said developing news-style is imperative but output and quality should be improved to compete in domestic and international markets.

He went on to say that high quality human resources and high technology are the two very important things to ensure the success of the new model./.

By Huong Giang

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