Sugar firms struggle due to ATIGA Business

Sugar firms struggle due to ATIGA

Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.
Rising treat for sugar producers after ATIGA Business

Rising treat for sugar producers after ATIGA

Vietnam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.
Vietnamese sugar mills struggle to compete Business

Vietnamese sugar mills struggle to compete

Low consumption, high inventory and continuously plunging prices mean tough times for domestic sugar mills, said chairman of the Vietnam Sugarcane and Sugar Association (VSSA) Pham Quoc Doanh.
Sugarcane faces plummeting prices Business

Sugarcane faces plummeting prices

The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Vietnam Sugar and Sugarcane Association.
Smugglers take to waterways Society

Smugglers take to waterways

Cross-border smugglers are transporting goods from Cambodia to Mekong Delta provinces by using boats during floods.
Sugar imports to pressure prices Business

Sugar imports to pressure prices

An import quota of 86,000 tonnes of sugar during 2016 in line with the World Trade Organisation (WTO) rules, coupled with possible imports from Laos, will continue to burden local producers.
Business

Action needed to tackle sugar stockpiles

The Ministry of Industry and Trade late last week required businesses to cease importing sugar for re-export via sub-border gates in the northern province of Lao Cai.
Sugar industry to increase exports Business

Sugar industry to increase exports

The Vietnam Sugar and Sugarcane Association has asked the Government to strengthen measures to prevent sugar smuggling and allow the export of locally produced product.
Business

Sugar production climbs by 21.3 percent

Vietnam produced 1.13 million tonnes of sugar in the 2010-11 sugarcane seasons, up 21.3 percent against the last season, according to the Vietnam Sugarcane and Sugar Association.