Sugar firms foresee sweet prospects

Sugar firms foresee sweet prospects

Sugar businesses expect a strong rebound in 2023 amid a spike in price and safeguard measures.
Sugarcane producers hit supply snag

Sugarcane producers hit supply snag

Many sugarcane producers in Vietnam are facing difficulties in arranging stable supply sources due to cutthroat domestic competition.
Vietnam will investigate against trade remedies evasion for Thai sugar

Vietnam will investigate against trade remedies evasion for Thai sugar

The VSSA requested the MoIT for an investigation against trade remedy evasion for cane sugar products originating from Thailand.
Sugar firms pick sweet fruits in 2020-2021 fiscal year

Sugar firms pick sweet fruits in 2020-2021 fiscal year

The sugar industry has wrapped up the 2020-2021 fiscal year, with many businesses showing rosy performance.
Vietnamese sugar industry is suffering from inventory losses

Vietnamese sugar industry is suffering from inventory losses 1

The country has about 650,000 tonnes of sugar on inventory, the industry's highest so far, resulting in 17 out of 36 sugar production factories losing money.
Thanh Thanh Cong Sugar’s ambition to conquer ASEAN and EU sugar markets

Thanh Thanh Cong Sugar’s ambition to conquer ASEAN and EU sugar markets

After acquiring Hoang Anh Gia Lai Sugar Limited in Laos, Thanh Thanh Cong-Bien Hoa has found a strategic partner to enter the ASEAN and the EU markets.
Australia takes India to WTO over sugar subsidies

Australia takes India to WTO over sugar subsidies

Australia announced on Friday (Nov 16) it was taking legal action against India at the WTO over sugar subsidies it said caused a "significant downturn" in world prices and hurt domestic producers.
Seven investors registered to buy all Vinasugar II shares at auction

Seven investors registered to buy all Vinasugar II shares at auction

The Ministry of Agriculture and Rural Development estimates to earn $29.25 million from the auction of Vinasugar II.
Imports undercut sugar mills

Imports undercut sugar mills

Sugar producers in the Cuu Long (Mekong) Delta provinces are losing huge profits to illegal imports of Thai sugar, which is being sold at VND500,000 ($24) a tonne lower than domestically produced sugar.
Sugar import tax to rise 40 pct

Sugar import tax to rise 40 pct

The Ministry of Finance has decided to sharply increase import tax on sugar from January next year as local supplies are forecast to exceed demand.
Ministry allocates sugar quotas

Ministry allocates sugar quotas

Instead of inviting bids from companies, the Ministry of Industry and Trade has set individual sugar import quotas of 70,000 tonnes this year for food processing enterprises.
Importing a sweet sector taste

Importing a sweet sector taste

Work is underway to make sugar import export business more sweeter.
Sugar imports to reach 70,000 tonnes

Sugar imports to reach 70,000 tonnes

Vietnamese companies will be allowed to import 70,000 tonnes of sugar this year despite sufficient supply in the domestic market in order to keep up with WTO commitments.
Sugar group wants quotas scrapped

Sugar group wants quotas scrapped

The Vietnam Sugar and Sugarcane Association (VSSA) has called on the government to scrap its system of setting individual sugar import quotas for food processing enterprises.
Sugar sector’s bitter taste

Sugar sector’s bitter taste

Some foreign sugar consuming enterprises are bitter about serious sugar shortages.
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