In order to create favorable conditions for cooperative development, contributing positively to economic restructuring, implementing industrialization and modernization of the country, hunger eradication and poverty reduction, especially in agriculture and rural development…on July 24, 2015, the Prime Minister issued the Directive No. 19/CT-TTg on promoting the implementation of the Law on Cooperatives.

At the Directive, the Prime Minister requires the Ministry of Labor, War Invalids and Social Affairs and the Ministry of Industry and Trade to take charge and cooperate with the Ministry of Planning and Investment, the Ministry of Finance to provide specific guidance on conditions and criteria for beneficiaries of the policy of development of infrastructure of cooperatives, cooperative unions operating in agriculture,
forestry, fishery and salt fields; take charge and cooperate with relevant Ministries, departments to support and direct the transformation of cooperatives established before July 1, 2013 and encourage the establishment of cooperatives in trade, industrial and handicraft fields; facilitate cooperatives to participate in national trade promotion Program and to access to local industry promotion fund. People’s Committees of central-affiliated cities and provinces shall aggregate the demand and formulate the support plan under the contents of the Program, People’s Committees of central-affiliated cities and provinces shall review and guide the cooperatives in reorganizing under the Law on Cooperatives or transforming to other forms before July 1, 2016; dissolve cooperatives that do not operate or operate ineffectively without organizing and operating under the provisions of the Law on Cooperatives….

Source: luatvietnam.vn