Germany helps develop new cooperatives in Tien Giang

(VOV) -A German organisation will support Tien Giang province’s implementation of a new approach to connecting cooperatives in a network that maximises opportunity and efficiency.

The German Cooperative and Raiffeisen Confederation (DGRV) will also help the province expand the reach of its preexisting new cooperatives, provide expert consultancy, host seminars, and guide the regulation of sustainable cooperative development in a market economy.

Local staff will attend training courses to augment their management, inspection, and internal auditing skills.

Tien Giang is one of the 20 Vietnamese localities the DGRV has assisted since 2004.

After ten years of DGRV-Tien Giang projects, provincial revenue has increased 250.6%, tax collection 107.5%, profit 296.4%, and average per capita income 232.5%.
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