On Tuesday, the 5^th Congress of the Da Nang branch of the Viet Nam Cooperative Alliance (VCA) for the 2016 - 2021 tenure took place in the city.

Municipal Party Committee Deputy Secretary Vo Cong Tri (right) presenting the laudatory banner to representatives of the branch

The city now has 26,489 members in 119 cooperatives, with a total combined registered charter capital of 113.9 billion VND.

Over the 2011 - 2016 tenure, jobs at the local cooperatives have been created for 31,500 local residents.  In 2015, the local cooperatives together made 8.73 billion VND in profit, and contributed 9.28 billion VND to the city’s budget.

With regard to the key tasks for the 2016 – 2021 tenure, the focus will be on diversifying the types of cooperatives, creating value chains in production and processing activities, promoting the manufacture of goods, and developing services.  The intention is to satisfy the increasing consumer demand from local residents and community development, as well as enhance the branch’s competitiveness and global integration.

The branch is aiming to ensure that between 10 and 15 new cooperatives will be set up each year, and training courses will be offered to between 200 and 250 members.

By 2021, the branch is hoping to have 50,000 members, and new job opportunities are to be created for about 55,000 locals.

Addressing the Congress, municipal People’s Committee Vice Chairman Ho Ky Minh highly praised the branch for its outstanding achievements in its past tenure.  He also underlined the need for the organisation to strictly implement the guidelines and policies of the Party, State and city, and effectively deploy the recently-approved project for bolstering the development of the local collective economy over the 2016 – 2021 period”.

Special attention should be paid to developing new cooperative models, offering more training courses for branch employees to help them improve their professional skills, creating even more employment opportunities for local residents, and ensuring the efficient use of the city’s Cooperatives Support Fund.

Also at the event, the branch’s 25-member executive board for the 2016 - 2021 tenure was elected, and Mr Nguyen Hong Van was re-elected the Chairman of the branch.

To mark the occasion, the Vice Chairman of the VCA, Mr Nguyen Dac Thang, presented a souvenir flag to the branch for its excellent achievements over its past tenure. 

Also, the branch was awarded a joint laudatory banner by the municipal Party Committee, the People’s Council, the People’s Committee, and the Fatherland Front Committee.  The banner features the written words ‘The Da Nang branch of VCA: Innovation - Cooperation - Integration and Development’.
 

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