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Germany helps Tra Vinh build modern cooperative models

The German Cooperative and Reiffeisen Conferderation (DGRV) will carry our various programmes to help the Cooperative Alliance of Tra Vinh province improve capacity and raise awareness of a modern cooperative model.
Germany helps Tra Vinh build modern cooperative models ảnh 1Illustrative photo (Photo: VNA)

Tra Vinh (VNA) – The German Cooperative and Reiffeisen Conferderation(DGRV) will carry our various programmes to help the Cooperative Alliance ofTra Vinh province improve capacity and raise awareness of a modern cooperativemodel.

To this effect, a memorandum of understanding was inked between the two partieson May 31.

Accordingly, the DGRV will support Tra Vinh Cooperative Alliance in improvingits staff’s capacity to build business models and policies as well as settingup value chain and financial management methods.

There will be also training courses and seminars on the principles of thecooperative, effective business models, marketing plans and accountingprinciples.

At the signing ceremony, Helmut Pabst, Director of the DGRV programme inVietnam, said that with available resources, the DGRV committed to helpinglocal cooperative sector overcome all challenges.

Vice Chairman of the provincial People’s Committee Kim Ngoc Thai thanked HelmutPabst for choosing Tra Vinh to carry out the DGRV programme.

The province is currently home to 129 cooperatives with more than 25,000members. Seventy eight cooperatives are operating in the agricultural sectorwhile the remaining focus on non-agricultural fields, he noted.

The management of and consultations for local cooperatives are the maindifficulties of the provincial Cooperative Alliance, he said, adding that theDGRV programme is significant to improve the efficiency of the alliance.-VNA
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