Guidelines on criteria for cooperatives in the new rural commune criteria in Vietnam

Guidelines on criteria for cooperatives in the new rural commune criteria in Vietnam
Nguyễn Như Mai

The Ministry of Planning and Investment of Vietnam issued Decision 1245/QD-BKHĐT dated June 30, 2022 on the criteria for cooperatives and industrial parks under the National Criteria for New Rural areas for the period of 2021-2025.

In which, there is a guideline for indicator 13.1 on cooperatives is under Criterion 13 on production organization and rural economic development for new rural communes in Vietnam.

Specifically, a commune in Vietnam achieves the target of 13.1 when there is at least one cooperative that meets the following requirements:

- Organizing and operating in accordance with the current Vietnam's Law on Cooperatives;

- Having at least 01 basic and essential service according to the characteristics of each region | serving cooperative members;

- Being evaluated and graded at a good grade or higher (or average grade or higher for cooperatives established under 03 years) according to the provisions of Circular 01/2020/TT-BKHĐT (if any);

- Having a large enough membership size (provincial People's Committees in Vietnam specify this size in accordance with local conditions).

Decision 1245/QD-BKHDT takes effect from the date of signing in Vietnam.

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