Additional three new cooperatives established in Q1-2022

In the first quarter of 2022, provincial Cooperative Alliance in collaboration with the People's Committees of districts, towns and cities have propagandized, mobilized and established additional three new cooperatives, namely Southern Transportation Cooperatives in Thuan An city; Ben Suc Agriculture - Service Cooperative in Dau Tieng district; Thien Nhan Agriculture - Trade - Service Cooperative in North Tan Uyen district with 21 members, total charter capital of VND2.4 billion.

So far, the whole province has had 215 cooperatives with more than 31,000 members, charter capital of more than VND788 billion. In the second quarter, provincial Cooperative Alliance will coordinate with departments, sectors, the steering committees for collective economy of districts, towns, cities, mass organizations and information agencies to expand propaganda work on collective economy, the Law on Cooperatives 2012, documents related to the field of collective economy and cooperatives. In addition, the unit also introduced funds supporting the development of the collective economy, cooperatives managed by departments, sectors and mass organizations...

Reported by Tien Hanh-Translated by Kim Tin

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