Realizing the importance of the collective economy in the new context under the spirit of the Resolution No.13-NQ/TW of the 5th Plenum of the 9th Party Central Committee on “further renovating, developing and improving the efficiency of the collective economy”, Binh Duong province made efforts in this sector and obtained considerable results over the past five years.
Improving difficulties, working on the right track
Under the Politburo’s Conclusion No.56-KL/TW dated Feb.21, 2013 boosting the implementation of the 9th Party Central Committee’s 5th Plenum Resolution on “Further renovating, developing and improving the efficiency of the collective economy”, the province’s collective economic sector has reached robust growth with many effective models.
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Tran Thanh Liem (second right), Vice-Chairman of provincial People’s Committee; Ho Minh Phuong, former Chairman of provincial People’s Committee visiting Ba Nhat rattan-bamboo cooperative in Tan Uyen town
The whole province now has a total of 116 cooperatives with 56,544 members and total charter capital of more than VND640.84trillion. They focus on fields regarding agriculture, home industry, trade-services, construction, people’s credit…with the annual average profit of VND360mlm each. The annual average income of members reaches VND60mln per person.
So far, many cooperatives in the province have worked very effectively. Thanh Long transport-construction cooperative is a typical example for this. The cooperative has mobilized 88 various vehicles from members with a total asset of more than VND9bln. Tran Van Dien, CEO of the cooperative said that the cooperative has till now generated jobs for more than 120 laborers in and out of the province with the average income of between VND5mln-VND6mln per person per month.
Tran Van Thay, Chairman of provincial Cooperative Alliance said that under the Politburo’s Conclusion No.56, province-based cooperatives have been proactive to surmount difficulties and chosen right tracks to work effectively. Many have bravely linked with enterprises to produce and consume agricultural products; taken the lead in the task of new-style rural construction; carried out agricultural development services towards goods production, facilitating members’ production and business, contributing to reshaping the local rural image. Currently, new-style cooperatives in the province are encouraged to set up for mutual coherence towards sustainable development.
Over the past five years, provincial Support Fund for Economic Collective Development considered and disbursed VND157.61bln for cooperatives to expand production-business, innovate technologies as well as developing their consumption market. Provincial Cooperative Alliance also actively got involved in the new-style rural construction movement; fostered new-style cooperatives…
Enhancing operational efficiency
Together with results done, the province’s collective economic sector has still faced shortcomings for change, according to the assessment of provincial Cooperative Alliance.
For better development, the sector will concretize the Party’s policies into guidance documents, incentives for cooperatives while promulgating support policies on cooperative development in the 2016-2020 period. Provincial Cooperative Alliance will also uphold the strength of coherence from members; brace up collective economic parts to renovate operational methods and expand their business scopes; mobilize cooperatives to bravely innovate equipment, technologies…
Such these apart, the sector will strive to play an important role in the local socio-economic and cultural development; reach 80% of farmers getting involved in collective economic models; get 100% of newly-established cooperatives supported to develop by 2020.
According to leaders of provincial Cooperative Alliance, collective economic development is a long and frequent task. With the motto of “Coherence-renovation-development”, it is hoped that the collective economic sector will step by step surmount difficulties and enhance its operational quality so that it continues playing an important role in the local socio-economic and cultural development in the coming time.
Today, May 11, provincial Cooperative Alliance officially opens its 5th congress for the 2016-2020 tenure. In the frame work of its working program, the congress yesterday elected a new executive board of the alliance for the 2016-2020 tenure with 35 members. Tran Van Thay was re-elected as Chairman of the alliance. Le Thanh Son, Nguyen Tien Dung and Le Van Toan also continued holding
Reported by Quynh Nhien-translated by K.T
