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Update news VIETNAM SUGAR industry
Vietnam has lost over 120,000 hectares of sugarcane in the 2016-21 period, a staggering 45 per cent decrease.
The sugar industry has wrapped up the 2020-2021 fiscal year, with many businesses showing rosy performance.
Currently, the country still 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.