Factors Affecting Sustainable Development of Agricultural Cooperatives in the Mekong River Delta, Vietnam

Ha Nguyen Hong

doi:10.3844/ajassp.2017.1005.1010

Abstract

The objective of the article is to identify factors that impact on sustainable development of the Mekong River Delta agricultural cooperatives. The article uses multivariable regression to find the factors affecting the business performance of cooperatives through the survey of 80 agricultural cooperatives in three provinces of TraVinh, Ben Tre and SocTrang in the Mekong River Delta from April to December 2016. The results show that labor, business capital, affiliated with input enterprises, and consumption of products affect the efficiency of business activities of agricultural cooperatives. Through research results, a number of solutions for the development of sustainable agricultural cooperatives in the Mekong River Delta will be recommended.

Highlights

The Cooperative Law of Vietnam was launched in March 1996 and officially came into effect on January 1, 1997, creating a legal corridor and motive for cooperative development in various forms, and many different areas of the economy, especially agriculture and handicrafts
The Party and State are always concerned about the development of cooperatives; In particular, the Resolution of the IXth National Party Congress affirmed "Developing cooperative and cooperative economy is a very important issue in the socio-economic development strategy." In particular, on July1st, 2013, the amended and supplemented Cooperative Law is considered to be a milestone marking the change in the organization of the collective economy, of which the cooperative is the key
Fact surveys show that agricultural cooperatives operate on average 11 years, the highest up to 28 years

Summary

Introduction

The Cooperative Law of Vietnam was launched in March 1996 and officially came into effect on January 1, 1997, creating a legal corridor and motive for cooperative development in various forms, and many different areas of the economy, especially agriculture and handicrafts. The Party and State are always concerned about the development of cooperatives; In particular, the Resolution of the IXth National Party Congress affirmed "Developing cooperative and cooperative economy is a very important issue in the socio-economic development strategy." In particular, on July1st, 2013, the amended and supplemented Cooperative Law is considered to be a milestone marking the change in the organization of the collective economy, of which the cooperative is the key. According to the objective of the 5th Central Resolution on "Renovation, Development and Enhancement of Efficiency of Collective Economy", concrete contents in each aspect such as organizational restructuring, congress Cooperative members, accounting books, deductions for setting up funds, production and business plans and principles of organization and operation under the cooperative law. Agricultural production in the region still has many shortcomings such as individual, small, and scattered production; link the "four houses" in the weak value chain; "output" for agro products is more difficult, frequent occurrence of bumper crops, but loss of price

Objectives

Methods

Results