The collective and cooperative economic area of Binh Thuan province is gradually recovering and developing
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(binhthuan.gov.vn) According to the Provincial Cooperative Union, the province has 3,205 cooperative groups, 208 cooperatives and 02 cooperative unions as of December 2022. Of which, there are 189 cooperatives in operation, 19 cooperatives ceased operation, 01 Union of Cooperatives is operating in moderation and 01 Union of Cooperatives is inactive pending dissolution. The total number of members of the Cooperative is 49,095; the number of members of the Union of Cooperatives is 14, and the cooperative group is 125,982 members. The number of regular employees in the Cooperatives and Unions of Cooperatives is 2,542 people. The total operating capital of the cooperatives is 3,325 billion VND, the revenue in 2022 is estimated at 964.7 billion VND.

The People's Credit Funds have also closely followed the direction of the State Bank to perform well their assigned tasks, ensuring the People's Credit Fund system in the area to develop stably; contributing to promote local socio-economic development.

Nguyễn Phương

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