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.

Sugar industry cries for help

Sugar inventories in the first quarter of this year rose 50 percent over last year to 600,000 tonnes, while prices at processing plants fell to the lowest level in five years.

Trade deals have yet to fully bear fruit for farmers

Seven years after Vietnam gained full membership of the World Trade Organisation (WTO), its agricultural sector still had not taken full advantage of the economic integration, said Deputy Minister of Agriculture and Rural Development Nguyen Thi Xuan Thu.

Industrial production curbed by finance woes

The Index of Industrial Production (IIP) growth rate has hit a record low since June with a year-on-year increase of only 6.9 percent in the first 11 months of this year, the General Statistics Office (GSO) has reported.