Vietnam's collective economy still faces numerous challenges.
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- Business
- 21:47 20/09/2023
DNHN - The Ministry of Planning and Investment has recently organized a Workshop on the Cooperative Law 2023 and policy directions to support the growth of the cooperative economic sector and cooperatives. This is a forum-related event for the Cooperative
Establish an essential legal corridor for the development of cooperatives in Vietnam.
Do Thanh Trung, Deputy Minister of Planning and Investment, stated that through three times of promulgation, amendment, and supplementation, the Law on Cooperatives has created an important legal corridor for the development of cooperatives in Vietnam, bringing them closer to the nature, values, and principles of cooperatives around the world and having an initial positive impact on the organization and operations of cooperatives.
According to Deputy Minister Trung, the number of cooperatives is ever-increasing, and the revenue and income of cooperative members and workers are gradually improving, thereby enhancing the economic well-being of cooperative members and contributing to the cooperatives' reality. Currently eradicating hunger and reducing poverty, as well as stabilizing security and politics for the good of society.

Despite this, the practice of developing the collective economic sector in Vietnam continues to face numerous obstacles. In the new context, cooperatives face numerous challenges due to the explosive growth of the Fourth Industrial Revolution and the intense competitive pressure of the market economy. The negative effects of the COVID-19 epidemic remain hidden. Political instability on a global scale,...
These challenges necessitate that the collective economic sector change, promote the benefits of association, and collaborate, thereby increasing scale, expanding, and enhancing efficiency. Production efficiency, increased competitiveness, and sustainable development will be essential in the coming period.
The 15th National Assembly passed the Law on Cooperatives No. 17/ 2023/QH15 on June 20, 2023, at its 5th Session, replacing the Law on Cooperatives No. 23/2012/QH13 to overcome deficiencies and limitations and meet the needs and requirements of development. The new law will take effect on July 1, 2024.
Currently, the Ministry of Planning and Investment is responsible for overseeing the development of three out of four documents governing the implementation of the 2023 Law on Cooperatives, including a Decree outlining several articles and implementation measures. Mutually beneficial.
During the conference, delegates heard introductions to some new aspects of the Cooperative Law 2023, shared international experiences on policies to support and develop cooperatives, and discussed fundamental cooperative-related topics. Directly related to Vietnam's collective economic organization support policies.
Some international models
Ms. Nguyen Thi Tuyet Minh, Director of the Federation of Cooperatives of the Federal Republic of Germany (DGRV) in Vietnam, shared the development experience of the cooperative sector in the Federal Republic of Germany. She stated that German cooperatives have a formation and development history of more than 150 years. In 1889, the German Cooperative Law became the first cooperative law in the world, laying the groundwork for the development of German cooperatives over time.
Over the past two decades, the German government has not had cooperative-specific support policies, but rather policies applicable to other types of businesses in the same industry, such as agriculture, energy, and... The criteria for receiving support under these programs are frequently based on the size of the cooperative's revenue, with smaller cooperatives receiving priority support.
"Germany's Cooperative Laws and regulations about cooperatives respect the principles of self-reliance, self-management, and self-responsibility of the cooperative model," Ms. Minh emphasized. These are the fundamental principles established at the onset of cooperative development.
According to Ms. Jedsadaporn Sathapatyanon, Head of the Department of International Cooperation, Department of Cooperative Development, Ministry of Agriculture of Thailand, Thailand has numerous programs to assist and promote cooperatives nationwide.
Particularly, we concentrate on three major projects. The primary objective is to increase knowledge and capacity through training and technical support activities. Monitor, institutionalize, register, and bolster the cooperative system, secondly. Third, encourage and support cooperatives in production, collection, processing, marketing, and the development of technology.
In addition, Thailand supports machinery and equipment for the improvement of cooperative production and processing activities and uses the Cooperative Development fund to assist cooperative members.
P.V (t/h)
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