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In the First Nine Months, 15 Cooperatives are Established

According to report by Vietnam Cooperative Alliance (VCA), in the first nine months of 2009, 15 cooperatives and people’s credit funds have been established across the province, making up 62.5% of full-year plan, while 26 cooperatives have been reformed and 14 others have been dissolved due to their inefficient operations.

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Dong Hiep Live-stock Breeding Cooperative in Tan Thuan commune, Thong Nhat district

    Mentioning late-2009 three-month tasks, Mrs. Nguyen Thi Tuyet, chairperson of VCA noted that relevant sectors and local authorities should have close collaboration so as to enable the newly-established cooperatives to operate efficiently; determine to dissolve inefficient ones; and especially care about models of cooperative groups and high-productivity clubs so that they could better operate.

L.H (Reported by Dao Lan)

Author: phongvien

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