sugar cane

Update news sugar cane

Mekong Delta provinces are entering a bitter sugarcane crop when the selling prices of sugarcane are equal to the cost prices. After more than eight months of cultivation, farmers earn almost nothing on their land.

Sugarcane no longer sweet for Mekong Delta’s largest producer

Hau Giang Province, the largest sugarcane producer in the Cuu Long (Mekong) Delta, is growing less and less of the crop as prices fall sharply.

PM tells sugar firms it's time to sink or swim

The sugar industry will have greater development opportunities if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting on Tuesday.

Sugar companies in danger of going bankrupt

Sugar companies are in such danger that the Ministry of Agriculture & Rural Development (MARD) on April 3 had to organize a meeting with the sugar association to discuss ways to rescue them.

Drought causes big losses to Tay Nguyen farmers

 VietNamNet Bridge – Sugarcane farmers in the Tay Nguyen (Central Highlands) province of Gia Lai had lost hundreds of billions of dong due to a prolonged severe drought in the region,

Sugar producers worried as inventory remains high

VietNamNet Bridge - Sugar companies have once again shouted for help as the volume of inventory is increasing rapidly, while the domestic market is flooded with smuggled sugar.

Sugarcane prices a bitter pill in Delta

 VietNamNet Bridge – Many farmers in the Cuu Long (Mekong) Delta have suffered losses in the 2017-18 sugarcane crop because of low prices.

Sugar mills await policies to produce electricity from bagasse

VietNamNet Bridge - The amount of bagasse, a sugarcane byproduct, that Vietnamese throw away every year could be used to generate billions of kwh of electricity.

Ca Mau farmers ditch sugarcane for ginger

 VietNamNet Bridge – Sugarcane prices have fallen for the past three years, prompting farmers in the southernmost province of Ca Mau's Thoi Binh District to plant ginger, a more profitable crop.

Domestic sugar refineries oppose sugar imports from Laos

VietNamNet Bridge - The Vietnamese-owned Hoang Anh Gia Lai Group has received approval from the government to import 50,000 tons of sugar made in Laos, creating concern among domestic sugar companies.

Sugarcane farmers bitter as yields, prices crash

 VietNamNet Bridge – For sugarcane farmers in the central and southern regions it has been a double whammy as bad weather and diseases first hit their crop and then low prices reduced their incomes.

Sugar association has battle of words with Industry ministry

VietNamNet Bridge – In reply to a statement by MOIT about the weak sugar industry, the Vietnam Sugar Cane and Sugar Association has published a 4,500-word document, rejecting the viewpoints expressed by the ministry.

Sugar imports from Laos make domestic manufacturers tremble

 VietNamNet Bridge – The Vietnam Sugar and Sugar Cane Association (VSSA) has protested against the plan by Hoang Anh Gia Lai group to sell 30,000 tons of sugar it made in Laos to the Bien Hoa Sugar JSC.

Both sugar refineries and farmers fear loss in new crop

 VietNamNet Bridge – The sugar plants in Mekong Delta have just started the new sugar cane pressing season, but they can foresee loss.

BUSINESS IN BRIEF 22/9

 Motorshow 2013 to be launched in HCM City; Vietnam,Turkey aim for US$3 billion trade turnover by 2015; Farmers apprehensive before new sugarcane season

Vinamilk tops Forbes Vietnam's list of top 50

 VietNamNet Bridge – Forbes Vietnam, the Vietnamese edition of the international Forbes magazine, has announced a list of the top 50 best companies on the country's stock exchange.

Sidewalk cane juice sellers earn $2,500/month

 VietNamNet Bridge – For each cane priced VND13,000, the seller can process four cane-juice glasses, earning VND40,000 ($2). Selling hundreds of glasses of cane-juice a day, one can earn very high profit.