German experts help Tien Giang develop cooperatives
German experts shared their experience in auditing cooperatives at a workshop in the Mekong Delta province of Tien Giang on August 25 to help develop the local cooperative network.
Participants underlined audit as one of the key factors in effective operation of cooperatives.
They also discussed ways to apply DGRV’s audit experience in a number of cooperatives in the province.
Tien Giang is one of 20 provinces in Vietnam that have benefited from a DGRV consulting and assistance programme since 2004.
From 2004 to 2013, the province’s collective economy posted a growth of 250.6% in revenue and 296.4% in profit. The sector’s per capita income also shot up 232.5% during this period.
Tien Giang is also gaining from a programme to improve the economic efficiency of cooperatives in the 2013-2017 period run by Canadian non-profit international development organisation SOCODEVI.