Cooperative legal capital and assets
As of 31/12/2017, the total legal capital of cooperatives was about VND 30 trillion, equivalent to VND 1.5 billion/ co-operative.
Transportation cooperatives have an average legal capital of VND 6 billion / a cooperative, which is much higher than other fields; People's Credit Funds reach VND 2 billion /a fund, small scale handicraft and industry coops, construction and material production coops have an average legal capital of VND1.6 billion, only agricultural coops and environmental coops reach the average legal capital of VND 500 million /a cooperative.
Source: Policy and Cooperative Development, VCA (2018)
Assets
By 31/12/2017, the total assets of cooperatives in the country are VND 78 trillion, of which the working assets are VND 50 trillion and fixed assets are VND 28 trillion. Thus, on average of the whole country, the total assets reached nearly VND 3.8 billion / a cooperative. Compared with 2013, the total assets of cooperatives increased by VND 32 trillion, equivalent to 72%, of which some provinces increased rapidly such as Binh Dinh, Binh Phuoc and Ben Tre with an increase of over 200%
Source: Policy and Cooperative Development, VCA (2018)
vca.org.vn
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