Vietnamplus

The sugar industry is facing many challenges and unfair competition from imported and smuggled goods, experts told a conference held in Hanoi on December 1.

Applying advanced technologies in the cultivation of sugarcane is important to improve quality and productivity of the giant tropical grass, Thai experts said at a conference held by Thanh Thanh Cong-Bien Hoa JSC in the southwestern province of Tay Ninh on August 13.

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.

Authorities of the central province of Phu Yen have agreed to the Tuy Hoa Sugarcane and Sugar JSC’s plan to raise production capacity.