Dong Nai establishes 25 new cooperatives in 9 months

The Dong Nai City Cooperative Alliance (DNCA) held its second Standing Committee meeting for the 2026–2030 term on October 9 to review activities over the first nine months of 2026 and set out priorities for the remainder of the year.

Delegates attend the meeting. Photo: Vuong The

Dong Nai established 25 new cooperatives in the first nine months of 2026. To date, the city has a total of 953 cooperatives and people’s credit funds, as well as two cooperative unions, bringing the total number of organizations in the collective economy sector to 955.

The DNCA has implemented guidance from the Vietnam Cooperative Alliance and the city’s resolutions and directives to support the development of the collective economy. It has strengthened coordination with departments, agencies and local authorities to raise public awareness, conduct outreach and mobilize resources. The DNCA has also worked to identify and address difficulties facing cooperatives, helping them maintain stable production and business operations while protecting their members’ legitimate rights and interests.

The DNCA has gradually improved its advisory and support services to better meet practical needs, focusing on the application of information technology, digital transformation, value-chain-based production, and efforts to connect supply with demand and help cooperatives and cooperative groups sell their products. These activities have helped raise awareness of the collective economy and strengthen the role of the Cooperative Alliance system in supporting member organizations.

Vy Vu Hong Thao receives her appointment decision as Chairwoman of the Dong Nai Cooperative Development Support Fund. Photo: HQ

Despite these efforts, the development of collective economy continues to face several challenges. Most cooperatives in the city are small-scale entities with limited financial resources and management capacity. They also face difficulties accessing support for land, medium- and long-term credit, and advanced technology. The expansion of value-chain partnerships and the adoption of digital transformation remain uneven across localities.

At the meeting, participants discussed recent developments in the collective economy and cooperatives, and proposed measures to promote further growth and attract more cooperatives to join the DNCA.

Vy Vu Hong Thao poses for a group photo with DNCA’s leaders and the Fund’s members. Photo: Vuong The

Under authorization from city leaders, the DNCA announced a decision by the City People’s Committee appointing Vy Vu Hong Thao, Vice Chairwoman of the DNCA, to concurrently serve as Chairwoman of the Dong Nai Cooperative Development Support Fund.

By V. The – Translated by M.Nguyet, Thu Ha