(VOVworld)- On Saturday, the President of the Vietnam Fatherland Front Nguyen Thien Nhan had a working session with the HCM Youth Union’s Central Committee. In his address, Mr. Nhan urged the Youth Union to pay more attention to promoting start-ups among the youths to increase the number of young businessmen to 3.6 million. Nhan said: “There are more than 200 youth cooperatives. By the end of this year, the Vietnam Cooperatives Alliance needs to work with the Youth Union, the Women’s Union, the War Veterans’ Association, and the Farmers’ Association to prepare for next year’s Consultative program of the cooperatives. This program plays a very important role in promoting start-ups among young people”. … [Read more...]
Loading...
New-style cooperative models needed to improve farmers’ income
At a working session with the Vietnam Farmers’ Union (VFU) Central Committee in Hanoi on September 17, he suggested focusing on training management staff who can forge connectivity among farmers and help them develop agriculture in an effective and sustainable manner. The Politburo has promulgated a Resolution on building new-style cooperatives in agriculture, fishery and craft village, he said, adding that the Ministry of Agriculture and Rural Development along with the VFF Central Committee, Vietnam Cooperative Alliance, and the VFU has worked with local authorities and outstanding farmers, especially in the Mekong Delta – the country’s biggest agricultural hub, on this issue. Chairman of the VFU Lai Xuan Mon said the union has raised over VND2.3 trillion (more than US$103 million) to support farmers. The VFU also coordinated with the Vietnam Bank for Agriculture and Rural Development (Agribank) and Vietnam Bank for Social Policies (VBSP) to provide farmers with … [Read more...]
Hanoi: more supermarket for safer farm products to be opened
The Hanoitimes - Hanoi will create favourable conditions and support policies for better links between producers and traders in order to bring safe farm products to consumers. Customers buy vegetable at a supermarket in Hanoi The Vietnam Cooperative Alliance (VCA) yesterday opened its first supermarket for safe agricultural products, on a trial basis at No 14, Mac Thai Tong street, Hanoi. According to Chairman of VCA’s Board of Directors Pham Minh Tuan, the VCA has worked with nearly 200 cooperatives nationwide to build a trademark for safe Vietnamese agricultural products. Customers can check the origin of products through bar codes on packaging, giving tighter control to localities to ensure product quality. More than 10 million farm households are expected to benefit from the new distribution channel, contributing to the “Vietnamese give priority for Vietnam’s products” campaign. A representative of the Fivimart chain stressed the need to clearly … [Read more...]
Hai Phong – Successful Destination for Investors
Hai Phong - Successful Destination for Investors To further introduce outstanding geographic advantages, open business environment and projects calling for investment capital and create a forum for domestic and foreign institutions, investors and enterprises to meet, dialogue, exchange experience and expand development cooperation, the Municipal People’s Committee will jointly hold the Investment Promotion Conference 2016. With the message “Hai Phong - Destination for investors”, the local authorities are striving to make the city a preferred and attractive place to invest by carrying out various solutions and activities. Hai Phong- a magnet to investors Hai Phong is situated at the centre of the northern coast of Vietnam. It serves as an important transport hub and a main entrance to the sea of northern provinces. It has favourable conditions to exchange with other localities in the country and the world. This location advantage is confirmed in the … [Read more...]
Supermarket for safe farm products opens in Hanoi
According to Chairman of VCA’s Board of Directors Pham Minh Tuan, the VCA has worked with nearly 200 cooperatives nationwide to build a trademark for safe Vietnamese agricultural products. Speaking at the event, Deputy Minister of Industry and Trade Ho Thi Kim Thoa lauded the model, especially in the context of rampant unhygienic food. She hoped the VCA will further cooperate with the ministry to intensify the programme. Customers can check the origin of products through bar codes on packaging, giving tighter control to localities to ensure product quality. More than 10 million farm households are expected to benefit from the new distribution channel, contributing to the “Vietnamese give priority for Vietnam’s products” campaign. … [Read more...]
Building new-style cooperatives, a breakthrough in agricultural restructuring
(VOVworld) – President of the Vietnam Fatherland Front Nguyen Thien Nhan has said that building new-style cooperatives is a breakthrough in agricultural restructuring. At a training workshop for employees from 28 branches of the Vietnam Fatherland Front in the northern region on Wednesday, Mr. Nhan said the cooperatives are entitled to mechanize, and modernize agricultural production. Mr. Nhan said it was essential to highlight the role and functions of cooperatives, as well as to spread information about the 2012 Cooperative Law and the role of new-style cooperatives. It is necessary to promote agricultural production by way of large-scale, modern cultivation for processing, consumption, and export. Mr. Nhan urged the Vietnam Cooperative Alliance and provincial cooperative alliances to implement programs to connect cooperatives and enterprises, creating stable outlets for selling products. … [Read more...]
Vietnam lawmaker named on economic comittee despite role in Formosa scandal
Despite widespread criticism of his explicit denial of responsibility in the environmental disaster caused by Taiwan’s Formosa Plastics Group in central Vietnam, a Vietnamese lawmaker has been awarded a new post on an economic committee. Despite widespread criticism of his explicit denial of responsibility in the environmental disaster caused by Taiwan’s Formosa Plastics Group in central Vietnam, a Vietnamese lawmaker has been awarded a new post on an economic committee. Vo Kim Cu, who opened the door for Formosa to begin operations in the north-central province of Ha Tinh when he was the province’s top official in 2008, with the company later severely damaging the environment there, has been selected as a member of the National Assembly Economic Committee. The appointment was made during a National Assembly Standing Committee meeting on personnel endorsement for the legislature’s commissions on Friday last week, as confirmed by a top legislator on Monday. … [Read more...]
Legislator who approved Formosa’s Vietnam operations deflects blame
A former top official in the north-central province of Ha Tinh may have licensed Formosa to begin operations in the area, but believes he should not be blamed for any failures of the Taiwanese company following his approval. A former top official in the north-central province of Ha Tinh may have licensed Formosa to begin operations in the area, but believes he should not be blamed for any failures of the Taiwanese company following his approval. Vo Kim Cu was deputy chairman of the Ha Tinh administration and head of the management board of the Vung Ang Economic Zone in 2008, when Formosa Plastics Group received the investment license for its steelmaking project in Vietnam. That year, Cu signed a proposal on behalf of the province’s chairman, calling on the government to consider allowing the Taiwanese firm to invest in Vung Ang. Later the same year, as head of the economic zone, Cu granted the license for Formosa to officially start operations. In January 2015, Cu held three … [Read more...]
BUSINESS IN BRIEF 23/7
Binh Dinh terminates investment attraction for oil refinery project The central coastal province of Binh Dinh has decided to end investment attraction for the petrochemical oil refinery project in Nhon Hoi Economic Zone due to its unfeasibility. In the coming time, the province will continue its other investment promotion activities while creating favourable conditions for investors from Japan and the EU to land their investments in the locality. After receiving agreement from relevant ministries and agencies, the province will work to lure investment projects to the Industry-Trade-Service-Urban Becamex-Binh Dinh complex, which covers 2,400 hectares in Canh Vinh commune, Van Canh district. This overriding priority is also given to investment attraction in other projects, including the Japanese Yo Yo frozen aquatic processing plant, Vinh Loi aquatic industrial complex and Cat Khanh seafood processing zone. Australia to intensify inspection of imported seafood from VN The Australia … [Read more...]
Ha Tinh man gets 8 years for stealing from senior province leaders’ offices
A Ha Tinh court Thursday sentenced a man to eight years in jail for repeatedly stealing money from several senior leaders of the central province by breaking into their offices. Nguyen Tien Quan, 34, broke into many government offices 13 times between May 2014 and August 2015 and stole money on four occasions. Among his victims was Vo Kim Cu, chairman of the People’s Committee and chairman of the Vietnam Cooperative Alliance. On June 21, 2014, he took a bus from his home in Quang Trach District to Ha Tinh town, waited until 7 p.m. before scaling the fence of the People’s Committee office, and broke into Cu’s room to steal money. On October 11, 2014, he broke into his office again to steal more money. He managed to get away with VND100 million (US$4,480) in all. On August 6 last year he was caught red-handed while trying to steal into Cu’s office for a third time. … [Read more...]
Government – cooperative sector cooperation strengthened
VCA Chairman Vo Kim Cu speaks at the press briefing (Source: VNA) Hanoi (VNA) – Strengthening the cooperation between Governments and the cooperative sector was the theme of the July 19 press briefing on the 10th Asia-Pacific Ministers’ Conference that will take place next year in Hanoi. The event was co-chaired by Chairman of the Vietnam Cooperative Alliance (VCA) Vo Kim Cu and Balasubramania Iyer Director-General of the International Cooperative Alliance (ICA) - Asia-Pacific Region. According to Balasubramania Iyer, the 10th Asia-Pacific Ministers’ Conference is scheduled for Aprill 18-21, 2017. The conference is expected to release a joint vision on economic cooperation and cooperatives by 2020 with the participation of over 400 delegates from between 60-70 countries and territories, and international organisations, he said. Participants will focus their discussion on youths’ involvement in cooperatives, access to food and socio-economic services, the … [Read more...]
Global experience necessary for boosting new-style cooperatives
Hanoi (VNA) – Vietnam’s cooperative economy potential has not been tapped, Prime Minister Nguyen Xuan Phuc has said, asking to study related success stories around the world to promote new-style cooperatives. He made the remark at the fifth national congress of the Vietnam Cooperative Alliance (VCA) in Hanoi on July 19, noting that almost all cooperatives nationwide are small-sized with poor capacity. While their operations have yet to meet members’ demand, some local authorities haven’t fully understood the role of the cooperatives in economic development and social stability. Domestic and global experience showed that connecting separate smallholders to form cooperatives and cooperative unions is the best way to improve the livelihoods of the millions of farming households, he said. The PM stressed that a new cooperative model must be created by cooperatives’ members, not imposed by authorities. He asked the VCA to closely work with authorised … [Read more...]
Cooperatives should be restructured for stronger development: official
Hanoi (VNA) - It is necessary to reorganise the cooperative sector through gathering individual producers in cooperatives and cooperative groups in the time ahead, said President of the Vietnam Fatherland Front (VFF) Central Committee Nguyen Thien Nhan. At the 5th Congress of the Vietnam Cooperative Alliance (VCA) in Hanoi on July 19, the VFF leader stressed the need to roll out measures to make Vietnam’s cooperative economy develop in line with the general trend of humankind. He asked the VCA to arrange more campaigns nationwide to spread information on the 2012 Law on Cooperatives and the role played by new-style cooperatives towards improving the efficiency of individual production and business units and seeking markets for cooperatives’ members. Outstanding models of new-style cooperatives in agriculture, transport and handicraft should be introduced to farmers, so they are active in forming new-style cooperatives and cooperative groups owned by themselves, he stressed. … [Read more...]
Cooperative model contributes to Vietnam’s economic, social development (da sua)
(VOVworld) - The Vietnam Cooperative Alliance (VCA) opened its 5th national congress in Hanoi on Tuesday for the 2016-2020 tenure, attended by 500 out of 13 million cooperative members across Vietnam. Over the past 5 years, the cooperative sector has renovated its operations to make it more competent within the market mechanism and international integration, thus contributing to Vietnam’s economic and social development. GDP contribution from the cooperative sector has increased from 5% in 2013 to 6.5% last year. Nguyen Thien Nhan, President of the Vietnam Fatherland Front Central Committee, delivers his speech at the congress. (Photo: VCA) Nguyen Thien Nhan, President of the Vietnam Fatherland Front Central Committee, spoke at the event: “Over the last 30 years, Vietnam saw individual production households getting involved in the production and consumption chain in Vietnam and foreign markets, but such individuals were unable to negotiate and protect their … [Read more...]
Cooperative model contributes to Vietnam’s economic, social development
(VOVworld) - The Vietnam Cooperative Alliance (VCA) opened its 5th nationwide congress in Hanoi on Tuesday for the 2016-2020 tenure, attended by 500 out of 13 million cooperative members across Vietnam. Over the past 5 years, the cooperative sector has renovated its operations to make it more competent within the market mechanism and international integration, thus contributing to Vietnam’s economic and social development. GDP contribution from the cooperative sector has increased from 5% in 2013 to 6.5% last year. Nguyen Thien Nhan, President of the Vietnam Fatherland Front Central Committee, delivers speech at the event. (Photo: VCA) Nguyen Thien Nhan, President of the Vietnam Fatherland Front Central Committee, spoke at the event: “Over the last 30 years, Vietnam saw individual producers getting involved in the production and consumption chain in Vietnam and foreign markets, but such individuals were unable to negotiate and protect their legitimate rights. The … [Read more...]
Vietnam to host Asia-Pacific cooperative ministers’ conference
Hanoi (VNA) - The Vietnam Cooperative Alliance (VCA) will host the 10th Asia-Pacific Ministers' Conference scheduled on April 18-21 next year in Hanoi. The VCA said that the conference is a significant event to boost cooperation between Governments and the cooperative sector in the context of deep regional and global integration. Earlier, leaders of regional cooperatives gathered at consultation conferences, discussing the five main issues, namely food sovereignty and security, new approach to cooperatives, the informal economy and transitions to formality, regional and global participation of cooperatives, and a fair environment in terms of legal framework and policies. The conferences adopted 16 conclusions and nine recommendations, to be submitted to the ministers' meeting. According to the VCA, the overriding priorities were placed on youths' involvement in cooperatives, access to food and socio-economic services, green economy and public-private partnership. The previous … [Read more...]
Vietnam Cooperatives Alliance to hold fifth congress
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...]
Cooperative alliance, ILO work to boost employment, poverty reduction
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...]
MoU signed between ILO and Vietnam Cooperative Alliance to raise cooperatives’ capability
(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...]
Developing new-style cooperatives
(VOVworld ) – Only 40% of 10,000 agricultural cooperatives in Vietnam are operating efficiently. Attendees at a recent meeting to review three years of implementing Vietnam’s Cooperative Law agreed on the need to refine the model of linking production and product consumption by value chain. Covering an area of 8.8 hectares, the terrain of Kien Thanh commune in Yen Bai province is mainly hilly. Kien Thanh is a planned commune that grows Bat Do bamboo shoots. Following the restructuring pursuant to the 2012 Cooperative Law, the Kien Thanh General Service Cooperative connected with the Yen Thanh Company in Yen Binh district to set up a production chain to plant, harvest, process, and export Bat Do bamboo shoot products. Since early last year, the cooperative has handled 90% of the local Bat Do bamboo shoot output, generating revenues of about 270,000 USD and providing jobs for 30 people with a monthly salary of 160 USD each. Tran Ngoc Su, director of the Kien Thanh … [Read more...]