Tuesday, July 16, 2019 11:06:46 PM - Markets open
VN-INDEX 982.11 +9.58/+0.99%
HNX-INDEX 105.85 +0.23/+0.22%
UPCOM-INDEX 57.30 +0.75/+1.33%
Huge potential for Vietnam, Laos to collaborate in cooperative economy
VietnamPlus - 3/22/2019 9:16:33 AM
 (0 ratings. You must sign in to rate.)
Vietnam and Laos would combine forces in cooperative economy, heard a meeting in Hanoi on March 21 between President of the Vietnam Cooperative Alliance (VCA) Nguyen Ngoc Bao and head of the National Economic Research Institute of Laos Bouasone Bouphavanh.
 
The Lao guest said that he was impressed by the rapid changes in Vietnam, particularly in cooperative economy development.
 
He expressed his hope that Laos will branch out its cooperative system based on Vietnam’s experience.
 
Meanwhile, Bao expected that bilateral collaboration in the cooperative economy will make significant contributions to bolstering the development of the sector in the future.
 
He said that in the past few years, the Vietnamese Party and Government have outlined various policies and programmes to facilitate the development of the cooperative system in the context of the socialist-oriented market economy.
 
According to VCA Vice President Nguyen Van Thinh, Vietnam is now home to more than 22,000 agricultural cooperatives, 3,500 higher than the amount recorded in 2013. Many establishments have enjoyed effective operations, and each earned an average 264 million VND (11,400 USD) per year with the income of workers estimated at 40 million VND (1,730 USD) per person per year.
 
Most of the cooperatives see joining a value chain as an important factor for their sustainable development, Thinh said, adding that they have applied advanced technologies into production, and enhanced trade promotion in both domestic and foreign markets.
 
The same day, Bouasone Bouphavanh and the Lao working delegation visited several new cooperative models in northern Vinh Phuc province. –VNA 
 
Read original article here
 
Newer News
13/07 Japanese multi-sector group to expand operation in Vietnam
12/07 CPTPP boosts export opportunities in Japan
11/07 Việt Nam’s forestry sector targets US$11 billion in export
10/07 MoIT tightens supervision to avoid trade sanctions
05/07 Investment promotion conference held in London
04/07 Deputy PM requests control of CPI
03/07 CPTPP opens up opportunities for agricultural products
02/07 Dialogue spotlights EU-Vietnam free trade, investment protection pacts
01/07 More chances for stronger Vietnam-Canada investment ties
30/06 CPTPP gives Vietnamese firms a chance to invest in Canada
Older News
21/03 Seminar talks Vietnam’s economic growth model
20/03 Prime Minister welcomes Hong Kong investors
20/03 Vietnamese brands make global mark
20/03 Seafood expo bolsters Vietnamese exports to US market
18/03 RoK steel companies eye investment in Vietnam
15/03 Government may withdraw environmental tax hike proposal
15/03 Textile-garment exports aim for 40 billion USD
14/03 VN seeks new ways to attract private funds for infrastructure projects
14/03 Vietnam aims to earn 4.2 billion USD from shrimp exports
13/03 Conference discusses measures to create breakthrough in economic growth
 
Newsletter Signup
Top Stories
Credit institutions warned about P2P lending
CPTPP boosts export opportunities in Japan
Deutsche Bank's restructuring not expected to harm VN market
VN to boost professional real estate brokers
Việt Nam's insurance industry keeps thriving in H1 2019
Market Update
Last updated at 3:07:37 PM
VN-INDEX 982.11 +9.58/+0.99%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.