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.
Sugar association looks to Prime Minister for help Business

Sugar association looks to Prime Minister for help

The Vietnam Sugar and Sugarcane Association proposed to the PM not to allow an extension for temporary sugar imports for re-export as the sweet industry was struggling with high stockpiles and slumping prices due to illegally imported sugar.
Sugar sales face difficulties: association Business

Sugar sales face difficulties: association

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.
Sugarcane sector needs new ideas Business

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.
Thailand to overhaul sugar policy ASEAN

Thailand to overhaul sugar policy

Thailand, the world’s second biggest sugar exporter after Brazil, will overhaul its sugar production and distribution system for the first time in the past three decades.
Local firms sour on sugar imports Business

Local firms sour on sugar imports

The additional import of 100,000 tonnes of sugar approved by the Ministry of Industry and Trade (MoIT) has raised concerns for local sugar producers.
Local stocks mixed as Brexit vote loom Business

Local stocks mixed as Brexit vote loom

Vietnamese shares were volatile and closed mixed on June 22 as investors remained cautious ahead of the vote to decide Britain’s membership in the European Union (EU).
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

Sugarcane industry urged to restructure

The sugarcane industry must quickly restructure and enhance its competitiveness so it will not lose out in the regional market, especially when the tax rate is cut to zero by 2018 as part of commitments to the ASEAN Economic Community.
Business

Sugar production firms struggle with high inventory

The total inventory of sugar stored in factories throughout Vietnam amounted to 280,000 tonnes on September 15 this year, 58,690 tonnes more than last year, according to statistics released by the Ministry of Agriculture and Rural Development (MARD).