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You are here: Home / City collective model achieves good results

City collective model achieves good results

· September 26, 2019 ·

Co-operatives display their products on the sidelines of a meeting held in HCM City on September 24 to review 15 years of implementation of the Party Central Committee’s resolution on continuing to reform, develop and improve the collective economy. — VNS Photo Xuan Huong HCM City has achieved positive results in the implementation of its collective economic model, with an increase in the number of co-operatives and their quality, according to its People’s Committee. Speaking at a meeting on Tuesday to review 15 years of implementation of the Party Central Committee’s resolution on continuing to reform, develop and improve the effectiveness of the collective economy, Le Thanh Liem, deputy chairman of the People’s Committee, said the number of co-operatives and unions of co-operatives has increased significantly over the past years to reach 2,097; 612; and six by the end of last year. They operate in various sectors, including services and trading, transportation, environmental hygiene, agriculture, industry, craft, and credit, he said. Over the last 15 years the city’s collective economy has asserted its key role in socio-economic development, he said. “The number of co-operatives and unions of co-operatives with working capital in the hundreds of billions and thousands of billions… Read full this story

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