Wednesday, 09/03/2011 17:10

Workshop examines cooperative law

A two-day workshop on ways to improve the management of trade co-operatives ended on March 7 in the central province of Quang Nam's Tam Ky town.

The workshop aimed to highlight German experiences in improving management of co-operatives for the benefit of Vietnamese experts who are considering proposed changes to regulations on co-operatives.

The Vietnam Cooperative Alliance's Deputy Chairman Nguyen Xuan Hien said participants had addressed the drawbacks in Vietnam's cooperative alliance system.

Christian Albrecht, an audit expert from Germany 's Cooperative and Raiffeisen Confederation (DGRV), said reformed co-operatives needed to be highly market-oriented while also acting as a group that represents each member's rights.

"Only by that way of operation, can fairness be achieved in a co-operative," said Albrecht.

He said lawmakers should streamline procedures and regulations to stimulate the development of co-operatives while also ensuring labour rights.

The workshop was jointly hosted by the Vietnam Cooperative Alliance and DGRV.

vietnamplus

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