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cooperative
Cooperative related news updates
Good news for farmers and cooperatives from today (July 1): Loans up to 5 billion VND without collateral
Decree No. 156/2025/ND-CP of the Government brings a “new wind”, opening up great opportunities for capital, especially in the agricultural sector. The Decree not only creates favorable conditions for accessing credit but also contributes to removing long-standing “bottlenecks” in the operations of cooperatives.
Economy
Support cooperatives to build value chains linking production - processing - consumption
On the morning of June 20, in Vinh City, the Nghe An Province Cooperative Union held a conference on “Improving the effectiveness of trade promotion, connecting supply and demand, product consumption and e-commerce in the collective economic sector and cooperatives in 2025”. One of the solutions proposed is to support cooperatives in building a value chain linking production - processing - consumption.
Nghe An honors typical cooperatives
On the morning of June 19, in Vinh City, Nghe An Province Cooperative Union held a conference to commend advanced models in the collective economic sector and cooperatives in the period of 2020 - 2025. Attending the conference were comrade Nguyen Van De - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee, Head of the Provincial Steering Committee for Collective Economic Development.
For sustainable cooperative development
In recent years, many cooperative models in Nghe An have gradually affirmed their role in production linkage, application of mechanization and high technology, thereby improving operational efficiency. However, in order for cooperatives to continue to develop sustainably, more attention is needed on support mechanisms and policies.
Vice Chairman of the Provincial People's Committee inspected the operations of a number of cooperatives
On the morning of June 10, a working delegation of the Provincial People's Committee chaired by Comrade Nguyen Van De - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee, inspected the operation of cooperatives in Yen Thanh and Quynh Luu districts.
Cooperative director is concerned with the journey of growing fruit trees according to VietGAP standards
While participating in the management of the cooperative and actively supporting agricultural and educational promotion movements, Mr. Nguyen Trong Binh in Dai Son commune (Do Luong) also boldly developed a fruit garden model that does not use pesticides.
Deadlock in the once-famous tile village
Since hundreds of handmade tile kilns were shut down in 2017, members of the Cua Tile Production and Service Cooperative (Hoan Long Commune, Tan Ky District) have also begun suing each other. Due to the lack of common ground, the high-tech tile production line, which had been invested with more than 20 billion VND, has been abandoned since then, causing regret for a long-standing branded craft village.
Vinh City met with nearly 400 enterprises, cooperatives, and business households
DNUM_CJZADZCACF 12:08
On the morning of March 29, in Vinh City, Vinh City People's Committee held a meeting with enterprises, cooperatives and business households in 2025.
Female president 'draws' virtual project, defrauds more than 1,600 people, embezzles 400 billion VND
DNUM_ABZADZCACF 06:23
Listening to the "pie in the sky" and wanting to get rich quickly, more than 1,600 investors "threw" nearly 400 billion VND into projects of the Vietnam Cooperative Union and the Global Market Group Joint Stock Company, chaired by Le Thi Hien as the Board of Directors...
Why is it difficult for cooperatives to access credit capital?
DNUM_BIZACZCACF 15:53
Capital for expansion, production development, investment in equipment, machinery, etc. is always a difficult problem for the collective economic sector. Due to objective and subjective difficulties, very few cooperatives and cooperative groups have access to credit capital from banks.
Vietnam Cooperative Bank, Nghe An branch, gives Tet gifts to the poor in Quy Chau district
DNUM_BFZABZCACF 16:00
Responding to the Provincial Party Secretary's appeal letter to support Tet for the poor, on January 15, the Vietnam Cooperative Bank, Nghe An branch organized a Tet gift giving ceremony to support the poor in Quy Chau district.
Continue to pay more attention to collective economy and cooperatives in Nghe An
DNUM_CGZBCZCACE 11:40
Speaking at the conference to review the activities of the Provincial Cooperative Union in 2024 and deploy tasks for 2025, the Vice Chairman of the People's Committee of Nghe An province requested departments, branches and localities to pay more attention to the development of collective economy, cooperatives and craft villages.
Announcement of the Decision to establish the Party Cell of Quy Hop Town Agricultural Service Cooperative
DNUM_DAZBAZCACE 09:24
On the afternoon of October 29, the Party Committee of Quy Hop town and district held a ceremony to announce the Decision to establish the Party Cell of Quy Hop town Agricultural Service Cooperative.
Nghe An to increase 30 cooperatives and 150 cooperative groups by 2030
DNUM_BFZAJZCACE 07:33
According to the plan, by 2030, Nghe An will establish at least 30 new cooperatives and 150 cooperative groups in the agricultural sector.
Yen Thanh effectively develops cooperatives associated with value chains
DNUM_AIZAIZCACE 08:28
In recent years, many new cooperative models in Yen Thanh district have operated effectively, producing and trading associated with developing product value chains with high economic efficiency.
The cooperative chairman created fake rice transplanter records to embezzle money.
DNUM_CHZAHZCACE 06:36
The two Chairmen of the Board of Directors of the agricultural service cooperative and their accomplices fabricated documents to provide funding to support the purchase of new rice transplanters to appropriate the difference from the state budget.
News on July 15
DNUM_BFZAHZCACE 18:04
The Standing Committee of Nghe An Provincial Party Committee works with leaders of advisory and support agencies; Nghe An has 540 effective cooperatives; Chau Thang hydropower reservoir is operated and regulated... are the highlights of July 15 posted on baonghean.vn
Nghe An has 540 effectively operating cooperatives.
DNUM_BFZAHZCACE 12:15
In Nghe An, there are currently 903 cooperatives, of which 540 cooperatives operate effectively.
Innovation and development of cooperatives: Expectation of 'new bottle, new wine'
DNUM_CDZAGZCACE 15:36
Nghe An province, with its large area, has up to 899 cooperatives attracting tens of thousands of members. With its humane nature, cooperatives have affirmed their role in economic development and public interest, especially in rural areas. However, in reality, the issue of sustainable and effective development of cooperatives is still a major concern.
Final article: Need proper, sufficient, and responsible support from the government
DNUM_CDZAGZCACE 15:30
In reality, wherever local authorities and party committees truly care and support, cooperatives have a foothold and develop; on the contrary, cooperatives often fall into formality, operate sluggishly, gradually weaken and even dissolve early. Therefore, the development of an effective and sustainable collective economic model or cooperative is not expected much from the "state" - local authorities; also to avoid the situation where cooperatives, despite their "innovation" goals, have to operate in the style of "new bottles, old wine".
Lesson 4: Quickly remove 'barriers' regarding capital and business premises
DNUM_CDZAGZCACE 14:49
Access to credit capital for production development has always been a difficult problem for cooperatives in general and cooperatives operating in the agricultural sector in particular. Many cooperatives have had to establish subsidiaries to operate, borrowing capital outside of credit at high interest rates. In Nghe An, there has been a mechanism to promote credit to support the collective economic sector and cooperatives, but access and disbursement are still limited.
Lesson 3: Urgent requirements for linking production and product consumption
DNUM_CDZAGZCACE 14:25
Value chain linkage in agricultural production is a form of closed chain linkage from production to purchasing, processing and consumption of agricultural products. To promote linkages in agricultural production, the State has had support policies. However, the current need for this support of cooperatives in Nghe An is extremely large and in reality, resources have not been able to meet it.
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