Hà Nội co-operatives prosper under new legislation

Văn Đức Co妹妹une Organic Vegetable Cooperative in Gia Lâm District does not only provide organic vegetable and fruits to big supermarkets such as Co-opmart and Vinmart but alos exports the produce to markets including the South Korea, and Taiwan. — Photo Trịnh Bộ

Agriculture official Chí said the Government had also issued decrees, circulars and guidelines to supplement support policies for the co-operatives.

However, he said some co-operatives were still struggling to gain access to the incentives on offer.

For example, the Government was offering loans of up to VNĐ 二 billion ($ 八 六, 三00) to co-operatives with no collateral required, but only a few co-operatives had been able to access the funding because of their modest size and lack of detailed business plans.

Complicated procedures were also blocking the effectiveness of Government’s policies, he said.

Deputy director of the city's Agriculture and Rural Development Department Tạ Văn Tường said the department was trying to spread the word about the benefits of starting new-style co-operatives models and engage more on their development.

Tường also called for more support to simplify administrative procedures and access to loans and land, while training workers and adopting technological innovations. — VNS