Agricultural cooperatives are currently confronting a number of challenges, including supply chain interruptions, high stockpiles, and increased input costs, to name a few. The Vietnam Union of Cooperatives has strengthened agricultural supply and demand relations to assist them in overcoming the challenges.
90% of cooperatives’ revenue and profit have dropped precipitously, and half of all cooperatives have stopped producing. The Cooperative Alliance has been striving to assist them in maintaining operations in order to help them overcome the problems.
Cooperatives are seen as a link between farmers and businesses, allowing them to interact and find markets for their goods. However, in order to fully resolve supply and demand issues affecting cooperative agricultural goods, synchronized solutions from authorized entities must be identified.
Source: en.vietnamplus.vn
