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Update news smuggled sugar
Some sugar refineries have had to stop their operations. Others that have made big investments are not sure about their fates.
Vietnam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.
VietNamNet Bridge – Tenders might be invited for determining the sugar import quota this year, instead of it being allocated as in the previous years, to ensure transparency.