Vietnam: Priority shall be given to support for investment in development of infrastructure of cooperatives

With regard to support and preferential policies granted to cooperatives and associations of cooperatives operating in the agriculture, forestry, aquaculture and salt industry, Decree No. 107/2017/NĐ-CP of Vietnam’s Government supplements the regulation that priority shall be given to support for investment in development of infrastructure of cooperatives that render public utilities or those that help to consume products and those connected to value chains.

Besides, Decree No. 107/2017/NĐ-CP also supplements the regulation on policies on lease of land used for business operations of cooperatives and associations of cooperatives operating in the agriculture, forestry, aquaculture and salt industry.

Specifically, cooperatives and associations of cooperatives shall be entitled to exemption and relief policies on land and water surface rents specified in point g of clause 1, clause 9 of Article 19 and point a of clause 1 of Article 20 of Decree No. 46/2014/NĐ-CP dated May 15, 2014 of Vietnam’s Government on renting of land and water surfaces, and clause 5, clause 6 and clause 7 of Article 3 of Decree No. 135/2016/NĐ-CP dated September 9, 2016 of Vietnam’s Government on amendments and supplements to certain articles of the Decree prescribing collection of fees for use of land, renting of land and water surfaces.

Members and cooperatives whose members make capital contribution by investing their rights to own land and water surfaces for construction of working offices, drying grounds and storage facilities; construction of service facilities directly meeting the needs of agricultural, forestry, aquacultural and salt production of cooperatives and associations of cooperatives.

People’s Committees of provinces and centrally-affiliated cities shall direct Departments of Natural Resources and Environment to check demands, carry out land measurement and surveying, installation of markers and grant of certificates of land tenure and ownership of house and other property attached to land to cooperatives and associations of cooperatives at localities in accordance with laws on land.

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