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Mr. Le
Hong Phuong, Standing Deputy Secretary of Dong Nai Party Committee,
awards certificates of merit to elite collectives |
At present, Dong Nai has 206 cooperatives and unions of cooperatives, 602 artels,
4 unions of high-yield clubs and 29 people's credit unions. In the past 5 years,
2005 through 2009, the Union has supported the establishment of 110
cooperatives, which attracts more than 11,000 cooperative members. Despite their
difficulties in capital raising, unbalanced operations and inability to gain
access to market information, cooperative’s operations have gone pretty
smoothly. They are gradually developing into multi-function and multi-sector
cooperatives and extending areas of business. Emulation movements such as
“Renovations, development and operational efficiency improvement, pioneer
cooperatives of hunger elimination and poverty reduction" have produced many
elite examples. A lot of cooperatives and people’s credit unions have become a
reliable place for their cooperative members, thereby contributing to the
transition in the structure of the local economy and to hunger elimination and
poverty reduction.
Throughout 2010-2015 period, Dong Nai Union of Cooperatives will call for 90% of
its cooperatives to encourage the establishment of new cooperatives accounting
for 10% of total cooperatives and strive for 65% of its cooperatives doing
business well and earning profits.
Addressing the meeting, Vice chairman of Dong Nai People’s Committee - Ao Van
Thinh requested that the collective-economy sector focus on seeking for and
providing training for elites, spreading highly efficient business and
production models and building new models of cooperatives in the coming time.
On this occasion, four collectives and thirteen individuals who are elites were
awarded certificates of merit by the Vietnam Union of Cooperatives and twenty
collectives and thirty individuals received certificates of merit from Dong Nai
People’s Committee.
Reported by Lien Huong,
Translated by Duy Minh