Less than 20 per cent of cooperatives are financially independent while access to credit and capital remains limited, accounting for under 1 per cent.
A support centre for co-operative development was opened in Hà Nội on December 6 to help Vietnamese co-operatives get more involved in agricultural value chains.
Cooperatives play an important role in improving the capacity and position of the economy. However, statistics of the Viet Nam Cooperative Alliance (VCA) show that only some 2 per cent of cooperatives have access to loans, while most still manage by themselves.
Nguyễn Ngọc Bảo, Chairman of the Việt Nam Co-operative Alliance, speaks to the newspaper Công Thương (Trade and Industry) about how trade promotion can ensure co-operatives find a market for their products
Republic of Korea (RoK) President Moon Jae-in and Việt Nam Deputy Prime Minister Đặng Thị Ngọc Thịnh on March attended a ground breaking ceremony for the Việt Nam – RoK Institute of Science and Technology in the Hoà Lạc Hi-tech Park.
Fair-trade certification is expected to help Vietnamese cocoa enter the EU market, especially after the EU-Việt Nam Free Trade Agreement takes effect, slated for 2019, experts have said.
In the 39-degree Celsius heat of a summer day, carpenters in the craft village of Minh Đức in Phú Thọ Province diligently chop up large wooden logs to make furniture in their home-based wood workshops.
A fair featuring farm produce and craft products from Vietnamese cooperatives is underway in Thống Nhất Park, Hà Nội.
Japan’s Kawasaki Flora Auction Market Company Limited plans to invest in Đà Lạt floriculture to supply flowers to Japanese and European countries.