Seven enterprises assigned to import over 100,000 tonnes of sugar
Seven enterprises were assigned tariff quotas with a total volume of 109,000 tonnes at a recent sugar import auction organised by the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade held a session to allocate sugar import tariff quotas for businesses by auction. (Photo: vneconomy.vn)Of which, five enterprises were assigned to import raw sugar and the others refined sugar.
The auction took place on September 23, with the participation of eight enterprises, including six registering to import raw sugar and two refined sugar.
Deputy Minister of Industry and Trade Tran Quoc Khanh said that to ensure a fair competitive environment between domestically produced sugar and imported sugar, the MoIT issued Decision No 1569/QĐ-BCT dated August 5 this year on the establishment of the Council for the allocation of tariff quotas for sugar imports through the auction method.
According to the plan announced in Decision 1649/QĐ-BCT dated August 22 by the ministry, the amount of imported sugar allocated by auction method is 113,000 tonnes this year, including 79,000 tonnes of raw sugar and 34,000 tonnes of refined sugar.
The Deputy Minister also said sugar importers will be subject to trade remedy tax of the Ministry of Industry and Trade if they import sugar from countries on the list of taxable countries.
Previously, the MoIT signed and promulgated Decision No 1578/QĐ-BCT applying anti-dumping tax and official anti-subsidy tax on a number of cane sugar products from Thailand on June 15 last year.
The ministry continued to issue Decision No 1514/QĐ-BCT applying measures to prevent evasion of trade remedies for a number of cane sugar products imported from Cambodia, Laos, Malaysia, Indonesia, Myanmar on August 1./.
You should also see
President meets RoK-Vietnam friendship, cooperation organisations
President Nguyen Xuan Phuc on December 4 had a series of meetings with organisations which have made significant contributions to the Vietnam-Republic of Korea (RoK) friendship, economic-cultural cooperation, and people-to-people exchanges.
See more
Videos
Fishery exports exceed 10 billion USD in 11 months
Fishery exports reeled in 10.14 billion USD as of November this year, up 27% annually, according to the Ministry of Agriculture and Rural Development.
Business
Vietnam, Venezuela boast potential for fishery cooperation: Ambassador
Vietnam and Venezuela have favourble conditions to bolster cooperation in fisheries, Vietnamese Ambassador Le Viet Duyen said while addressing a recent forum.
Business
Conference promotes Vietnam-Japan trade, partnership
A Vietnam-Japan trade promotion conference took place in Maebashi city, capital of Japan's Gunma prefecture, on December 3, gathering nearly 60 firms from both nations.
Business
Tremendous room remains for Vietnam-RoK trade growth
Trade between Vietnam and the Republic of Korea (RoK) has witnessed a strong growth over the past time, with tremendous room noticed for future development of the ties. President Nguyen Xuan Phuc's ongoing visit to the East Asian nation from December 4-6 is expected to open a new phase in countries’ relations, bringing bilateral cooperation to a new height.
Business
Smart city development should be considered from the planning stage
Smart cities should be put into consideration from the urban planning stage to ensure synchronous development, Deputy Minister of Information and Communications Nguyen Huy Dung said.
