(Translated by https://www.hiragana.jp/)
How Do Cooperatives Support Their Members in Managing Aquaculture Risks? The Case Study of the Northern Coastal Provinces of Vietnam
IDEAS home Printed from https://ideas.repec.org/a/trn/csnjrn/v12i1p56-74.html
   My bibliography  Save this article

How Do Cooperatives Support Their Members in Managing Aquaculture Risks? The Case Study of the Northern Coastal Provinces of Vietnam

Author

Listed:
  • Thi Thu Hang Ngo

    (Vietnam National University of Agriculture (Vietnam))

  • Lan Phuong Mai

    (Vietnam National University of Agriculture (Vietnam))

  • Huu Cuong Tran

    (Vietnam National University of Agriculture (Vietnam))

  • Philippe Lebailly

    (University of Liege, Gembloux Agro-Biotech (Belgium))

Abstract

Millions of Vietnamese farmers seek their livelihoods in aquaculture; however, they face multiple risks in their daily farming practices. Notably, some of these risks cannot be effectively managed by individual farmers because they are beyond their individual capabilities. This is why cooperatives can play a crucial role in effectively addressing these risks. Over the past five years, many aquacultural cooperatives have been established in Vietnam to strengthen the collective power of farmers in managing risks. This study was precisely conducted to assess the role of cooperatives in risk management in aquaculture. The Propensity Score Matching method was applied to analyse field data collected from 158 aquaculture farmers along the northern coastline of Vietnam. The results reveal that cooperative members have better market risk management than non-cooperative members. By contrast, the role of cooperatives in supporting members in managing production and financial risks is still unclear. In addition, collaboration among cooperative members Ð which generates cooperative power Ð is not yet well developed. The study also reveals that governments should provide more support Ð including technical training regarding aquaculture production, marketing and cooperative financial management Ð in an effective and transparent manner so as to achieve common principles of cooperative work. Members should be well informed about these principles, which should be agreed upon among members themselves, so as to better leverage the collective power of cooperatives in managing farmersÕ risk.

Suggested Citation

  • Thi Thu Hang Ngo & Lan Phuong Mai & Huu Cuong Tran & Philippe Lebailly, 2023. "How Do Cooperatives Support Their Members in Managing Aquaculture Risks? The Case Study of the Northern Coastal Provinces of Vietnam," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 12(1), pages 56-74.
    • Handle: RePEc:trn:csnjrn:v:12:i:1:p:56-74
    as

    Download full text from publisher

    File URL: https://jeodonline.com/jeod_articles/how-do-cooperatives-support-their-members-in-managing-aquaculture-risks-the-case-study-of-the-northern-coastal-provinces-of-vietnam/
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Cooperative; Aquaculture; Risk management; North Vietnam;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:trn:csnjrn:v:12:i:1:p:56-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Barbara Franchini (email available below). General contact details of provider: https://edirc.repec.org/data/euricit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.