Collective economy, cooperatives must actively innovate production, operation: PM

VIETNAM, September 24 – HÀ NỘI — Prime Minister Phạm Minh Chính chaired a forum on collective economy and cooperatives on Friday, focusing on the role of digital transformation in the development of the sector.

In his opening speech, Prime Minister Chính highlighted the importance of the event in conveying the spirit of innovation and creativity to the collective economy model, as an important economic factor.

This spirit involves changes in thought and action, which translate into changes in operation and management in relation to digital transformation, creating new values, developing in a flexible and appropriate way the model of collective economy to obtain high results, reduce costs and optimize resources.

Digital transformation is an inevitable trend and development requirement, the prime minister said, adding that it will effectively improve the connection between state, market and society; promote economic growth, productivity and competitiveness; reduce costs for people and businesses; while improving management capacity and methods.

Prime Minister Chính also stressed the importance of collective economy in international integration and socialist-oriented economy.

Resolution No. 20-NQ/TW issued at the Fifth Session of the 13th Party Central Committee declared that the collective economy is an important economic sector that needs to be strengthened and developed and, together with the public sector, becomes a solid foundation. for the national economy, he noted.

The Prime Minister said that over the years, the collective economic sector has seen strong growth in all aspects, including policy, scale, structure, connectivity and efficiency.

However, it has yet to meet all development goals and requirements, he said, pointing to challenges in capacity, productivity, unintegrated structure and modest management capacity.

One of the reasons is the slow progress of digital transformation without targeted strategies and actions.

Prime Minister Chính said, “The collective economy and cooperatives must actively innovate in their production and business operation, while accelerating digital transformation in order to adapt to the new context. It is an urgent need. »

The forum aimed to assess achievements in digital transformation at the national level, and in the collective economy and cooperatives.

It also served as a platform to identify current challenges, difficulties and gaps, as well as to propose suitable solutions to promote digital transformation, which will act as a driver for the rapid and sustainable growth of the sector.

Other topics for discussion are case studies in the country and abroad, particularly on policies and frameworks, and specific guidance for different ministries and departments.

The Prime Minister also demanded that following the forum, the Ministry of Planning and Investment work with the Government Office on the issuance of a directive, which will serve as a guideline to achieve the agreed solutions and d other development tasks for cooperatives.

According to Việt Nam Cooperative Alliance, the country now has cooperatives operating in various areas of the economy, many of which have a new flexible approach that integrates technological application and digital transformation, responding to market needs.

Statistics show that Việt Nam has a total of 28,237 cooperatives, of which 18,785 are active in agriculture and 9,452 in non-agricultural sectors (industry, trade – services, transport, construction, environment, civil credit fund and others).

A survey also revealed that 83.5% of cooperatives believe that digital transformation is necessary.

A total of 18.9% have a specific plan and implementation roadmap, while 68% use at least one online marketing and sales method. —VNS

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