PM chairs forum on digital transformation role in collective economy, cooperatives

(VOVWORLD) - Prime Minister Pham Minh Chinh on Friday described the collective economy as an obvious trend during international economic integration, and is suitable for a socialist-oriented economy. 
PM chairs forum on digital transformation role in collective economy, cooperatives - ảnh 1Prime Minister Pham Minh Chinh speaks at the forum on digital transformation role in collective economy and cooperatives (Photo: Duong Giang/ VNA)

As a result, Mr. Chinh said while chairing a forum, that the collective economy and cooperatives should speed up their digital transformation.

A Party Central Committee resolution sets a target of 45,000 cooperatives with 8 million members, and at least 5,000 cooperatives doing high tech agriculture. By 2045, digital transformation will have come to all production and service businesses in the collective economy sector.

The forum aimed to evaluate digital transformation at the national level, particularly in the collective economy and among cooperatives, point out current shortcomings, difficulties, and problems, and suggest solutions.

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