Hotline: 0274 383 347
Friday, 10-7-26 06:15:29

Economics

Hotline: 0274 383 347

Provincial association of collectives on more and more effective operations

Upholding the motto of connection, renewal and development, the 5th Resolution of the 2015-2020 tenure of Binh Duong provincial Association of Collectives Congress has been proposed and effectively implemented. In the past 5 years, the local collective economic sector has become in the spotlight with collectives of proactive development and transformation to gain remarkable results, contributing to provincial socio-economic development.

The delegates have a view on agricultural products on display at the congress

Promoting results
In the past tenure, operations of Binh Duong provincial Association of Collectives have been more effective and exceeded almost all the criteria proposed by the resolution. The association has actively consulted with Binh Duong provincial Party Committee and People’s Committee to plan for collective development policies. Concurrently, the information dissemination and mobilization for collective economic development have been carried out in various suitable forms, comprehensive organization and expansion of servicing subjects to collective groups, clubs, farms, households, and small and medium enterprises; thereon, creating general forces to achieve many socio-economic results.
Along with that, the Association of Collectives gathered and disseminated information to call for high-yielding consultancy and assistance for collectives. The assistance for collectives to connect to product value chains has well implemented along with tasks proposed by Binh Duong provincial Steering Board of provincial collective economic development, Binh Duong provincial Steering Board of provincial new rural construction, professional links with districts and cities to elevate position and role of the association within the political system. The emulation movements have been wide and far contributed to socio-economic development. The staffs have been increased to achieve sustainable organization and major results for brilliant fulfillment of targets proposed by the 5th Congress of 2015-2020 tenure.
Currently, the province has 187 collectives (with additionally 102 new collectives from the start of the tenure, gaining by 120.1% from the resolution) with 30,380 members and regulated capital of VND 801 billion (increasing by 24.9%). Of that, operations have been effective in the fields of transportation, agriculture, handicrafts, construction, trade, services, environment, and people’s credit fund. Average profits of the collectives was VND 726 million a year a collective. Working people average income was at VND 6 to 6.5 million per capita per month in collectives and VND 14.5 million per capita per month in people’s credit funds (all met and exceeded the targets of the resolution).
In 2016-2020, collective quantity grew by 10% with non-stop improvements in terms of organization and effective socio-economic outcomes, contributing to poverty eradication, job creation and new rural construction. Collectives have been developed in terms of quantity and quality to well assist household economy and construction of joint-venture, cooperation, production, multi-production, combined services and general trading collectives. The collectives have expanded and admitted new members with mobilization for member equity and maintenance of periodical member congress and reformed operations. Annually, the quantity of collectives of effective operations has been 66-79% of the current collectives with annual income growth of 12-15%.
Continual development and reforms
However, beside the remarkable results, provincial collective economy has been limited with drawbacks. The dissemination of legal knowledge about collective economy, despite care and attention, has been transformed in various ways but not very spreading to the public. Besides, State’s management officers of district collective economy have been in regular fluctuation of quantity.
Nguyen Tien Dung, Deputy Chairman of Binh Duong provincial Association of Collectives informed that the association has continued to develop its core role in collective economic development with promotion of stronger collective system of Vietnam to effectively implement the functions of representation, protection of legal rights and benefits of members in orientation, targets, tasks, and measures of improving operation of Binh Duong provincial Association of Collectives in 2020-2025. The general targets of collective economy in the next 5 years of 2020-2025 are developing collectives, association of collectives and collective groups in the manner of cooperation, renewal, development, and effectiveness, contributing to the development of unified, cooperative and developed society with wealth-fare sharing and new rural construction.
To achieve the mentioned targets, Nguyen Tien Dung believed that major measures of improving public awareness, investment environment, and assistance and consultanc should be focused on. Besides, managerial competence, scale, productivity, quality, and effective operations of collectives should be enhanced along with promotion of collective organizations and value-chain connection.

Reported by Thoai Phuong - Translated by Vi Bao

Tags: Collective

Green development under local characteristics

With various industrial parks (IPs) already built or planned for future investment, Bau Bang district has identified green industry as its strategic path

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

OCOP programme hits milestone with 126 five-star products nationwide

The National Council for the Evaluation of OCOP Products on Tuesday announced the recognition of 47 new five-star-rated products under the One Commune One Product (OCOP) programme,

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

In-depth industrial development

In the first six months of 2025, the Index of Industrial Production (IIP) in Binh Duong province is estimated at increasing by 10.19% compared to the same period last year.

Establishing a framework for the reorganization of the global supply chain

In light of the global economy being influenced by various factors such as supply chain disruptions,

Opening doors for workers to own housing

With the strong support of the government, active participation from the banking system, and the attention of provincial leaders and businesses, access to social housing for workers and low-income individuals is widening.

Tan Uyen city enhances the inspection and enforcement of trade violations

In accordance with the directives of the Provincial Steering Committee for the Prevention of Smuggling, Trade Fraud,

Total tax revenue in Binh Duong reaches 63.7% of estimate

On June 23, Tax Department of Region XVI held a conference to review tax work for the first six months of 2025, outline tasks for the remaining six months, and honor exemplary enterprises.

Elevating development

Amid the current global economic landscape, which is being significantly impacted by shifts in supply chains, trade dynamics

Enterprise - Brand

Company Social Media Net

Company VIETNAMNAY

Company HANEL MIROLIN

Company Keangnam - vina

Company HP Travel

Company Keloph