HCM City is set to establish 50 new co-operatives and one co-operative this year and hopes to push the annual growth of the collective economy to 10 percent and its contribution to the city’s economy to 0.6 percent.
The Saigon Commercial Co-operative Union, or Saigon Co .op, which runs
supermarket chains, has been conferred the Independence Order, second
class, for its contribution to economic development on the occasion of
its 25th anniversary.
