Hold the working session with Directing Board of cooperative economy establishment and development

Mrs. Phan Thi My Thanh, Deputy Chairwoman of People’s Committee, is giving speech in the working session.

According to the report by Directing Board, for the first 9 months of this year, 18 cooperatives have been established, which reaches 90% compared with the annual plan. 23 cooperatives have been reconstructed and 7 cooperatives being dissolved. Till now, the province is running 299 cooperatives and 02 Cooperative Alliance with 49,413 members, 6,625 regular laborers and 100 thousand of seasonal laborers. The average income is 16.6 million dongs/laborer/year and 14 million dongs/member/year. Besides, there are now 700 cooperative groups and 15 Unions of high-productivity clubs with more than 15,200 participants.

Addressing at the working session, Mrs. Phan Thi My Thanh – Deputy Chairwoman of People’s Committee – stated that the development of cooperatives should be sustainable. Additionally, commercial and service-directed cooperatives should be multiplied, particularly focus more on quality than quantity. The Directing Board also needs to re-examine the operational effectiveness of these cooperatives at all fields so that they can give directions to them to stimulate the operation of cooperative economy.