Hanoi (VNA) – The 15-yearimplementation of a Party Central Committee’s resolution on continuing toreform, develop and improve the effectiveness of the collective economy will bereviewed.

The steering committee for reform anddevelopment of collective and cooperative economy had a meeting in Hanoi onNovember 6 to discuss the review plan.

At the meeting, representatives of ministriesand sectors said that over the 15 years since Resolution 13-NQ/TW was issued atthe fifth session of the ninth Party Central Committee in March 2002, the wholepolitical system and society’s awareness of the role of the collective economyin the national development has been improved considerably. Swift changes havebeen recorded in cooperatives’ performance with the emergence of many newmodels.

Therefore, there is a need to review theimplementation to appropriately steer the development of collective andcooperative economy in the new context, they said, adding that the resolutionimplementation should be reviewed from the grassroots level.

Deputy Prime Minister Vuong Dinh Hue, head ofthe steering committee, said it is necessary to assess the current situation ofthe collective economy in terms of its quantity, quality and sustainability.

The review should focus on institutional andpolicy issues, especially those relating to land, finance – credit and humanresources training, policies supporting the cooperative economy, and the roleof cooperatives’ unions. It also needs to pinpoint obstacles to be removed andseek new role models and driving forces for the collective economy in the timeahead.

After that, this review’s outcomes should bereported so that the Politburo could issue a new resolution on the continuedimplementation of Resolution 13-NQ/TW, and revisions to the Law on Cooperativescould be considered in 2022, he added.

Hue said the steering committee, particularlythe Ministry of Planning and Investment and the Vietnam Cooperative Alliance,would organise conferences and workshops to collect opinions on relevantissues, while teams would be sent to make fact-finding tours of some keylocalities. The reviewing events should be held at appropriate points of time tocreate favourable conditions for Party congresses at all levels.

According to the Vietnam Cooperative Alliance,cooperative groups and cooperatives make up nearly 4.8 percent of the country’sGDP. There were 21,026 active cooperatives as of June 30 this year, up 934against the previous year. More than half of these were agricultural andagricultural service ones.

By the end of June, there were 39 cooperativeunions and almost 12,600 cooperatives working in Vietnam’s agricultural sector.More than 1,140 agricultural cooperatives were set up in the first half of thisyear, data of the Ministry of Agriculture and Rural Development show.

Vietnam targets at least 15,000 agriculturalcooperatives and cooperative unions operating effectively by 2020.-VNA