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4/13 cooperatives and cooperative groups received support of 396 million VND

Việt NamViệt Nam19/03/2024

According to Mr. Nguyen Duc Thang, Head of the Department of Rural Development, up to now, the whole province has 4 collective economic units receiving capital support from the Rural Industry Development Support Project. These are 2 cooperatives in Tuy An district and 1 cooperative and 1 cooperative group in Dong Xuan district.

 

Specifically, An Ninh Tay Agricultural Cooperative was supported with 141 million VND to buy a rice milling machine, An Thach Agricultural Cooperative with 200 million VND to buy a combine harvester, Xuan Phuoc Agricultural Production and Service Cooperative received 25 million VND to buy a peanut oil filter, and Xi Thoai Village Brocade Weaving Cooperative was supported with 30 million VND to buy a loom, a thread winding frame, an overlock machine, a sewing machine, and colored wool threads, etc.

 

The remaining 9 cooperatives and cooperative groups registered to receive capital support from the Rural Industry Development Support Project but were not disbursed. The reason is that these units do not have counterpart funds and the local People's Committees cannot arrange capital from the support source.

 

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