Vietnamplus

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.

A group of sugar producers has asked for Government intervention as the industry struggles to compete with corn syrup imports.

The sale of sugar has been facing difficulties since the beginning of October, causing problems for sugar producers in recent days, according to the Sugar and Sugarcane Association.

Sugar producers, distributors and consumers discussed production and consumption in 2015-16 and forecasts for the next season at a recent seminar in HCM City.