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October 20, 2021 | 13:33

Collective economy a major contributor to GDP

Chu Khôi

There are currently 26,040 cooperatives nationwide, including 18,327 agricultural cooperatives. In the 2016-2020 period, the collective economy and cooperatives directly contributed about 4.8 per cent of national GDP and indirectly over 30 per cent of GDP through the added value of member households.

Collective economy a major contributor to GDP
Photo: VnEconomy

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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