Skip to main content

Catalyzing worker co-ops & the solidarity economy

Cooperatives must actively innovate production says Viet Nam PM

PM Chính also stressed the significance of the collective economy in international integration and the socialist-oriented economy. 

Resolution No 20-NQ/TW issued at the fifth session of the 13th Party Central Committee stated that the collective economy is an important economic sector that needs to be reinforced and developed and, together with the State-owned sector, becomes a firm foundation for the national economy, he noted.

The government leader said that over the years, the collective economic sector has seen strong growth in all aspects, including in policy, scale, structure, connectivity, and efficiency.

However, it has yet to meet all development targets and requirements, he said, pointing out challenges in capacity, productivity, unintegrated structure, and modest management ability.

Read the rest at EIN Presswire


Add new comment

Plain text

  • No HTML tags allowed.
  • Lines and paragraphs break automatically.
  • Web page addresses and email addresses turn into links automatically.