Hanoi (VNA) – The Vietnam Cooperative Alliance (VCA) will convene the fifth nationwide congress for the 2016-2020 tenure, in Hanoi from July 17-19, its Chairman Vo Kim Cu told a press conference on July 12. The event is expected to attract 863 delegates, including 546 representing more than 20,000 cooperatives, 43 cooperatives alliances and VCA chapters nationwide. The congress is scheduled to review the VCA’s operations for the 2010-2015 tenure, and lay out orientations and tasks for 2016-2020. All communes are striving to form cooperatives by 2020, including 100-150 cooperative alliances, and nearly 250,000 working groups. By late 2017, all 63 cities and provinces nationwide are targeting to establish cooperatives development funds – each with a registered capital of 20-100 billion VND, and increasing that number to 300 public credit funds. In order to achieve the above goals, the VCA will strengthen ties with its chapters nationwide and implement a project on … [Read more...]

Hanoi, May 27 (VNA) – The Vietnam Cooperative Alliance (VCA) and the International Labour Organisation (ILO) Country Office for Vietnam have inked a memorandum of understanding (MoU) to ultimately promote employment and poverty reduction. The MoU is on building and effectively implementing strategies to promote employment and eliminate poverty, support the transfer of labour in the informal sector, and develop a sustainable and inclusive economy and business climate. It was signed by VCA Chairman Vo Kim Cu and ILO Country Director Chang Hee Lee in Hanoi on May 27. Chang Hee Lee said the MoU signing is an important step to foster employment, income growth and poverty reduction, especially in remote and rural areas of Vietnam. Despite strong growth over the last few years, some regions in Vietnam, particularly remote and rural areas, still record high poverty rates. The cooperation between the VCA, which has 13 million members, and the ILO is important to addressing that … [Read more...]

(VOVworld) – The International Labor Organization (ILO) and the Vietnam Cooperative Alliance have signed a memorandum of understanding to raise the efficiency of Vietnam’s cooperatives. Director of ILO Vietnam, Chang Hee Lee, and the Chairwoman of the Vietnam Cooperative Alliance signed the MoU. Under it, the program will be implemented over 2 years (2016-2017) to support Vietnam in mapping out targets, strategies and policies in employment, increasing incomes, poverty reduction and sustainable economic and business development. Mr. Chang Hee Lee said the signing of the MoU was a significant step in the effort by strategic partners for the common goals of generating more jobs, increasing income and reducing poverty in Vietnam’s mountainous and remote areas: "Vietnam has developed vigorously in different areas, especially in economics. But the poverty rate is still high in Vietnam’s remote and mountainous areas. The cooperation between the ILO and the Vietnam … [Read more...]

Deputy Prime Minister Nguyen Xuan Phuc has praised the contributions made by the Vietnam Cooperative Alliance (VCA), which gathers more than 18,000 cooperatives with tens of millions of labourers, to national socio-economic development, especially agriculture and rural development. The official made the statement at the 13th conference of the VCA’s Executive Board in Hanoi on January 30, where he stressed that cooperatives are a democratic economic model that help many households escape from poverty and generate jobs. Successful cooperatives manifest the sound guidelines of the Party and State in developing a collective economy, he said. However, the performance has yet to match the country’s potential, the Deputy PM said, adding that local Party Committees and authorities are not focusing enough on the model as well as the role played by the collective economy in national economic development and social stability. Collective economic development must suit the market … [Read more...]

The Hai Duong Provincial Cooperative Alliance (PCA) on January 18 and 19 held its 5th Congress for the 2015 – 2020 tenure. Mr. Le Van Nghi, Vice Chairman of the Vietnam Cooperative Alliance (VCA), and Mr. Nguyen Anh Cuong, Member of the Provincial Party Committee (PPC)'s Standing Board, Vice Chairman of the Provincial People's Committee, attended and directed the congress. During the 2009 – 2015 tenure, the PCA overcame many difficulties and well performed the functions and tasks assigned. It now has 420 members, consisting of 370 cooperatives, two cooperative unions, and 48 enterprises. In the next tenure, the PCA will continue propaganda and mobilization for the development of cooperation groups and cooperatives to contribute to bringing the 9th Central Party Committee's 5th Resolution and the 2012 Law on Cooperatives to life. Efforts will be made for 10 – 15 typically advanced cooperatives to be developed in various fields, 70 – 80% of cooperatives in … [Read more...]

In the afternoon of December 4th, in Phu Yen province, the emulation cluster of the Cooperative Union of the South Central coastal provinces in collaboration with Phu Yen Cooperative Alliance held a meeting to summarize the emulation task in 2015 of the Emulation Cluster. In the recent years, the collective economic sector of the Cluster has deployed efficiently the emulation movements launched by Vietnam Cooperative Alliance, as well as actively participating in the movements at the localities, well performing well both political and expertise tasks, contributing to building a political, economic, cultural and social stability in the province. Phu Yen Cooperatives Union and the Co-operative Alliance of the provinces in the region have stepped up propaganda, effectively deployed the Cooperative Act of 2012, to gradually build up the new type of cooperative models; complete the targets of training, raising the level of managing qualification as well as professional for the staff of … [Read more...]

The Vietnam Cooperatives' Alliance needs to improve its capacity and effectiveness of operation in the 2010-2015 term. Truong Tan Sang, Party politburo member and standing member of the Party Central Committee's Secretariat, made the remarks while attending the 4th National Congress of the Vietnam Cooperatives' Alliance (VCA) in Hanoi on Aug. 13. He stressed that developing a collective economy is of great significance to the national economic development, but also to socio-politics. Developing cooperatives, a key factor of the collective economy, was to drive the collective economy together with the State-owned economy to become a firm foundation for the national economy, and was one of the decisive factors ensuring a socialist orientation in Vietnam 's market economy, he said. … [Read more...]

Vietnam attends Bangkok cooperatives conference Vietnam’s Deputy Minister of Agriculture and Rural Development Nguyen Dang Khoa affirmed this at the 9th Asia-Pacific Cooperative Ministers’ Conference in Bangkok from February 27-29. Khoa said Vietnam’s agricultural sector has developed well with a variety of products to gain a strong foothold in international markets, such as rice, coffee, rubber and nuts. As a result of cooperative efforts, people’s incomes and living standards are gradually improving in many rural areas in Vietnam. In his speech, ICA President Pauline Green quoted a UN report as saying cooperatives have helped improve the living standards of 50 percent of the world’s population. Every year the ICA makes public a list of 300 largest cooperatives around the world. The total capital and assets of these top cooperatives have so far amounted to US$1.6 trillion, equivalent to that of Spain, the world’s ninth largest economy. On … [Read more...]

Around 300 representatives from various member cooperatives and international organisations are expected to attend the eighth Regional Assembly of International Cooperative Alliance - Asia-Pacific (ICA-AP) in Hanoi between Dec. 1-6, the Vietnam Cooperative Alliance (VCA) said on Oct. 31. Under the theme of “Cooperative Advantage in the Economy of Asia and the Pacific”, the meeting aims to increase cooperation and the exchange of experiences amongst member countries, and to make recommendations to governments for favourable conditions to aid the sector’s development. VCA Vice President Nguyen Xuan Hien, said at the press briefing that Vietnam, hosting the event for the first time, will organise an international trade fair specifically for cooperatives and small/medium enterprises (Vietnam SMECOOP) in Hanoi from Dec. 2-6. The fair will feature approximately 400 booths, manned by cooperatives from 63 provinces and cities across Vietnam , plus regional member countries … [Read more...]

Vietnam will cooperate fully with the International Cooperative Alliance (ICA) and other countries to ensure cooperatives thrive and become more productive. Vietnam attends Bangkok cooperatives conference Vietnam’s Deputy Minister of Agriculture and Rural Development Nguyen Dang Khoa affirmed this at the 9 th Asia-Pacific Cooperative Ministers’ Conference in Bangkok from February 27-29. Khoa said Vietnam’s agricultural sector has developed well with a variety of products to gain a strong foothold in international markets, such as rice, coffee, rubber and nuts. As a result of cooperative efforts, people’s incomes and living standards are gradually improving in many rural areas in Vietnam. In his speech, ICA President Pauline Green cited the UN’s view that cooperatives have helped improve the living standards of 50 percent of the world’s population. Every year the ICA makes public a list of 300 largest cooperatives around the world. The total … [Read more...]