Vietnamese sugarcane needs specific policy to rebound

Vietnamese sugarcane needs specific policy to rebound

The pressure of competition with imported sugar and the existing shortcomings in the supply chain of the whole sector have set many challenges for Vietnamese sugar.
Imported sugar dominates the market

Imported sugar dominates the market

Imported sugar completely dominated the market despite border controls on smuggled sugar, which makes sugar produced from sugarcane consumed very slowly.
Tax on imported sugar to remain at 5%

Tax on imported sugar to remain at 5%

The tax on imported sugar, as stipulated by thenbsp;ASEAN Trade in Goods Agreement (ATIGA),nbsp;will be maintained at 5 per cent from the beginning of this year, instead of zero per cent as previously rumoured.
    Prev         Next    
Mobile Version