Chairing a conference on the collective economy and cooperatives, Prime Minister Pham Minh Chinh said the country had recorded important achievements after more than 35 years of "Doi moi" (Renewal).
The Cửu Long (Mekong) Delta province of Bạc Liêu is seeking to develop its collective economy, especially co-operatives that use advanced technologies, from now through 2025.
Viet Nam will develop the collective economy in the direction of building product value chains, increasing its contribution to domestic economic development.
Although the collective economy in HCM City has gained positive results, limitations still exist, district officials and co-operative leaders have said.
While positive results have been achieved in the implementation of collective model, there’s still limitation in its development, said Vo Thanh Thong, Deputy Minister of Planning and Investment.