Sugarcane sector needs new ideas

Domestic and international experts in the sugarcane industry gathered at the fifth TTC annual international sugarcane conference recently held in Phan Thiet city, Binh Thuan.
Sugarcane sector needs new ideas ảnh 1Speakers discuss at the conference in the southern coastal city of Phan Thiet, Binh Thuan. (Photo: VNA)

Hanoi (VNA)
- Domestic and international experts in the sugarcane industry gathered at thefifth TTC annual international sugarcane conference recently held in Phan Thietcity of Binh Thuan province to discuss ways to help the Vietnamese sugarcaneindustry develop sustainably.

The conference, themed “The restructuring of Vietnam’s sugarcaneindustry”, was co-organised by the Vietnam Sugarcaneand Sugar Association (VSSA) and TTC Group.

The country’s sugar output hit nearly 1.2 trillion tonnes in the 2016-17 crop,VSSA reported. This is the third continuous decline in sugar output.

Slow market consumption, high inventory, complicated sugar smuggling issues andASEAN’s imposition of a sugar import tax rate of zero percent after 2018 havecreated an urgent need for Vietnamese businesses to adapt, and have forced arethink of the whole country’s sugar industry.

As the Ministry of Agriculture and Rural Development implements a policy ofrestructuring the agricultural sector towards enhancing added value anddeveloping sustainably, sugar companies are constantly innovating to promoteinternal strength, improving their competitive position domestically and internationally.

However, as many difficulties and problems still exist, the Vietnamese sugarindustry needs radical solutions to be able to grow.

This year’s conference attracted more than 400 guests, including leadingdomestic experts, policymakers, research institutes, businesses andrepresentative farmers in the field of sugarcane and speakers from the world’sbiggest sugar producers such as Brazil, India, China, Thailand, Australia, theUS and the Philippines.

Domestic speakers provided an overview of policies for the Vietnamese sugarcaneindustry, its current status and orientations for new sugarcane cultivation in Vietnamby 2020 with a vision to 2030.

Meanwhile, international speakers gave presentations and shared experience in productdiversification to enhance the value chain of sugar; steam saving in sugarmills and applications of optical sensor technology in a sugar productionsystem in Louisiana.

Apart from the goal of forging international links in order to promote thegrowth of the Vietnamese sugar industry as in previous seminars, this year’sinternational conference was an opportunity for enterprises to exchange andshare experience, while seeking cooperation and investment opportunities.

It was also a chance for businesses to propose effective production plans, aswell as support sugarcane farmers in approaching advanced information andtechnology from around the world.

Within the framework of the August 17-18 conference, the TTC Group signed amemorandum of understanding with two prestigious international organisations inthe sugar industry, Mitr Phol Group (Thailand) and Vasantdada Sugar Institute(India).

Under the agreement, TTC and Mitr Phol Groupwill jointly support research and development (R&D) activities of bothparties, including the exchange of R&D courses for students and staff;exchange of R&D staff, research for annual cooperation programmes on sugarproducts; and organisation of long- and short-term training courses dependingon needs and the number of applications approved by the two parties. 

Mitr Phol has committed to working with TTC tohold annual conferences and other training activities as well as shareexperiences and introduce TTC to other prestigious units in Thailand.

In another agreement, the Vasantdada SugarInstitute will provide consultancy in R&D and technical methods for TTCsugar labs, and will train staff in Vietnam and India.

TTC will sponsor related costs including travelexpenses for scientists, and provide staff and related documentation forprojects.

With more than 70 years of developmenthistory, Mitr Phol is Asia’s biggest sugar producer and fourth in theworld, owning many factories in Thailand.

The Vasantdada Sugar Institute with 42 years ofexperience in science and technology research in the sugar industry in Indiahas played an important role and greatly contributed to the development ofIndia’s sugar industry.-VNA
VNA

See more

Vinachem affirms its position as a leading chemical enterprise at the Autumn Fair 2025 (Photo: VNA)

Vietnamese enterprises renew growth model to move up global value chains

The resolution identifies enterprises as the centre of the renewal process, urging them to shift from cost-based competition to productivity, technology, quality and market responsiveness; from operating independently to joining industrial ecosystems; and from participating in value chains to mastering and eventually leading them.

Key export sectors such as textiles – garments, footwear and furniture, along with many signature products of Da Nang, have strong potential to expand their markets through online export channels. (Photo: VNA)

Da Nang seeks to boost online exports

To help businesses go global, Da Nang is shifting from supporting individual online activities to developing an integrated ecosystem covering products, branding, platforms, payments, logistics, legal issues and market information. This is also part of the city’s e-commerce development orientation for 2026-2030, which identifies e-commerce as an important component of the digital economy.

Deputy Minister of Foreign Affairs Le Thi Thu Hang receives Rolf Mutzenich, a member of the Foreign Affairs Committee of the German Bundestag, in Hanoi on August 18. (Photo: baoquocte.vn)

Vietnam welcomes German firms’ expansion

Vietnam welcomes and stands ready to create favourable conditions for German businesses to expand their investment and operations in the country, particularly in infrastructure, smart seaports, renewable energy, high-speed railways, science and technology, and high-quality human resource training.

Khanh Hoa province has the largest sheep population in Vietnam, with around 100,000 individuals. (Photo: VNA)

Khanh Hoa province explores Halal ecosystem development

Khanh Hoa aims to estabish itself as a Halal-friendly destination while supporting businesses in expanding export markets, attracting strategic partners and investors, and drawing projects from countries with strong Halal logistics, tourism, manufacturing, processing and agriculture sectors.

The proportion of Vietnamese goods remains high at supermarkets. (Photo: VNA)

Vietnamese brands win over domestic consumers to go global

Amid increasingly fierce global competition, the goal is no longer simply to increase domestic consumption of Vietnamese goods, but to develop strong Vietnamese brands capable of winning consumers through quality, innovation and added value, thereby creating a stepping stone for expansion into international markets.

Illustrative image (Photo: VNA)

Automated VAT refunds to be rolled out from December

As of August 11, VAT refunds rose 32% from a year earlier, reaching 64.4% of the full-year estimate. Tax authorities issued 11,627 refund decisions totaling 111.726 trillion VND (4.26 billion USD), up 9% by volume. The payouts improved cash flow for companies and supported production, trade and exports.

ST25 rice is the centrepiece of the Vietnam Goods Week at Selgros. (Photo: VNA)

ST25 rice officially enters Selgros wholesale supermarket chain in Germany

The placement of ST25 rice on Selgros shelves not only creates an additional opportunity for German consumers to access Vietnamese rice products, but also contributes to efforts to increase the added value of Vietnamese agricultural products by shifting the focus from volume to quality, branding and value.

Trains on the elevated section of the Cau Giay – Nhon route in Hanoi provide convenient transportation for local residents. (Photo: VNA)

Multimodal connectivity to drive Vietnam’s transport infrastructure

Under the proposed approach, roads would serve mainly as connectors and for first- and last-mile transport; railways would handle large volumes over long distances; maritime transport would serve import and export cargo; inland waterways would carry large volumes at low cost; and air transport would focus on fast delivery and high-value goods.