Strengthening partnerships to foster the collective economy

The Dong Nai Cooperative Alliance (DNCA) convened a meeting of its Executive Committee on July 7 to review its performance in the first half of 2026 and discuss measures to promote the collective economy during the remainder of the year.

Delegates attend the Executive Committee meeting. Photo: Hong Quy

During the first half of 2026, the city established 16 new cooperatives, five of which have joined the DNCA, bringing its total membership to 335 active cooperatives. As of June 30, 2026, the city also had more than 1,000 cooperative groups operating primarily in agriculture, forestry and livestock farming.

A major highlight of the first half was the successful convening of the DNCA's first Congress of Delegates for the 2026–2030 term, laying a solid foundation for the management and development of the city's cooperative system and collective economy in the years ahead.

The alliance also strengthened its advisory and support services for cooperatives and the collective economy. It disbursed more than VND45 billion in loans to two institutional borrowers and 29 individual cooperative members, achieving 56.4 percent of its annual disbursement target and increasing its outstanding loan portfolio to more than VND185.5 billion.

In addition, the alliance organized training courses on “Accounting Advisory Skills for Cooperatives”, along with workshops on finalizing 2025 tax declarations and updating participants on amendments to the Law on Value-added Tax and the Law on Corporate Income Tax.

In the second half of the year, the DNCA will step up coordination with relevant agencies and organizations to further support the development of the collective economy and cooperatives. Its plans include working with Dong Nai Newspaper and Radio, Television to promote the city's collective economy during the 2026–2030 period, as well as partnering with the Dong Nai City Young Entrepreneurs Association and the Dong Nai City Business Federation to build an ecosystem that fosters stronger linkages between cooperatives and businesses.

At the meeting, delegates discussed the action plan to implement the resolution adopted at the first Congress of Delegates of the DNCA, as well as the development of operating regulations and working programs for its affiliated agencies and units.

By V.The, H. Quy – Translated by M.Nguyet, Minho