Bac Ninh Cooperatives Report Increased Income

Agricultural cooperatives in Bac Ninh Province are restructuring to increase value and sustainable development. The province has implemented policies to support cooperatives with infrastructure and brand building. Products such as black pepper and black peanuts are now linked to major supermarkets. These activities have resulted in annual profits exceeding 1 billion VND. Cooperative members and workers are earning a monthly income of 7 million VND. Nguyen Van Nghiep provided details on these economic results. Nguyện Văn Nghiệp noted the role of the cooperative in connecting businesses and ensuring product branding. Cooperatives in Bac Ninh province report average annual revenues of 700 to 800 million VND per unit. Member and worker incomes within these cooperatives are 1.2 to 1.3 times higher than those of non-cooperative households. The Bac Ninh Provincial Cooperative Alliance provided these estimates to support the development of collective economic organizations. This growth is linked to controlled consumption and natural vegetation maintenance for soil health.