Domestic sugar on the line Business

Domestic sugar on the line

Weak demand for domestic sugar and the penetration of smuggled sugar have been dragging down sugar prices in Vietnam, driving many producers into unprofitability.
Opportunities await sugarcane farmers if they change way of thinking Business

Opportunities await sugarcane farmers if they change way of thinking

While many people believe that sugarcane farmers will face difficulties after Vietnam implements the ASEAN Trade In Goods Agreement (ATIGA), there are also some who say it could offer bright prospects for Vietnamese sugarcane to maximise its economic value if there is coordination between the State, scientists, entrepreneurs and especially farmers.
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.
Development chances for sugar sector still ahead: PM Business

Development chances for sugar sector still ahead: PM

Development chances for the sugar industry are still ahead if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting seeking ways to tackle difficulties facing the sector on February 18.
Start-up uses sugarcane to save shrimp Business

Start-up uses sugarcane to save shrimp

With the unique idea of using fermented bagasse (sugarcane pulp) to treat shrimp ponds, Tran Phuc Hau has become the proud director of a company that produces microbiological bagasse pulp.
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.
Reforms needed for sugar industry Business

Reforms needed for sugar industry

The sugar industry needs to restructure to compete with rivals in other countries such as Thailand, according to the Vietnam Sugar and Sugarcane Association.