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Collective economy key to growth in Vietnam: DPM
Sun, 13 December 2020
Vietnam will develop the collective economy in the direction of building product value chains, increasing its contribution to domestic economic development.
Deputy Prime Minister Trinh Dinh Dung said this at a forum held by the Ministry of Planning and Investment and the Vietnam Cooperative Union on December 11 in Hanoi.
At the same time, ties among cooperatives would be promoted to form associations or unions, he said.
To develop the collective economy with a core of cooperatives, it is necessary to consider the collective economy one of the four important economic components in the socialist-oriented market economy, Dung said.