Whole province is home to 31 cooperatives on trade-services

According to statistics, the whole province has a total of 31 cooperatives on trade and services with 339 members, charter capital of nearly VND110 billion. Their total revenue in 2021 was estimated at VND 393 billion. Their main business activities were to purchase, process, consume products and export rubber latex; provide services on essential materials such as fertilizers, seedlings, etc. to member households.

In 2022 and the coming time, the province determines that the development of the collective economy in general and cooperatives on trade-services in particular needs to have close coordination, promptly removing obstacles and creating a motivation for this economic sector to reach  sustainable development, bringing concrete and long-term benefits to employees. Accordingly, the province will further strengthen existing trade-service cooperatives and gradually develop the new ones, attract individual business households and other business households into towns, townships and residential compounds,  better serving the diverse needs of the population; continue expanding and developing cooperatives in other fields on environment, housing, education...; organize the summarization for experience and step by step develop the model of market management - business cooperative in towns, townships and densely populated areas.

Reported by Anh Nhi-Translated by Kim Tin