Business

Cooperatives to be supported in digital transformation

The Vietnam Cooperative Alliance (VCA) has suggested the People’s Committees of cities and provinces earmark capital to establish a coordinating centre that supports the development of cooperatives, especially in digital transformation.
Cooperatives to be supported in digital transformation ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The Vietnam CooperativeAlliance (VCA) has suggested the People’s Committees of cities and provinces earmarkcapital to establish a coordinating centre that supports the development ofcooperatives, especially in digital transformation.

The centre will mobilise and use resources to boostthe development of collective economy and cooperatives in localities, thealliance said.

The VCA added that it will closely coordinatewith localities to step up consultation and assistance to cooperatives in tradepromotion, high-tech application, personnel training, credits and legal matters.

It is scheduled to put into operation an information-technologyproject to serve the consultation work by 2025.

The alliance forecast that cooperatives will grow furtherin the time ahead, and need more assistance in product consumption, theapplication of new technologies, digital transformation and management.

Currently, 11 provincial cooperative alliances havebeen supported by local authorities to establish centres introducing theirproducts and promoting trade activities, which are working fruitfully./.
VNA
#Vietnam Cooperative Alliance#coordinating centre#digital transformation#Vietnam#VietnamPlus#Vietnam news
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