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Update news VSSA
Vietnam’s sugar industry in the worst slump of the last 15 years
VietNamNet Bridge - With profits down and inventory up, sugar companies are in their most difficult period of the last 15 years.
Sugar industry has two more years to prepare for ATIGA
The ATIGA (ASEAN Trade in Goods Agreement) implementation will be delayed by two years, which means Vietnam will not remove the sugar quota scheme and tariffs until 2020.
ATIGA postponement to give push to sugar industry
VietNamNet Bridge - The delay of the implementation of ATIGA (ASEAN Trade in Goods Agreement) for two years will bring more opportunities to Vietnam’s sugar industry, giving Vietnamese enterprises time to improve competitiveness.
Manufacturers warn sugar industry faces challenges in 2017
VietNamnet Bridge - Though the sugar industry enjoys benefits from protectionism, manufacturers are still complaining that business is tough because of smuggling.
MOF asked to take measures to protect Vietnam’s rice & sugar
VietNamNet Bridge - The Ministry of Finance (MOF) will make put into force commitments in the ASEAN Trade in Goods Agreement (ATIGA) signed by 10 ASEAN countries to protect two ‘particularly sensitive’ products – sugar and rice.
Sugar group calls for help
VietNamNet Bridge – The Viet Nam Sugar and Sugarcane Association (VSSA) has asked Prime Minister Nguyen Tan Dung to only allow the export of domestically produced sugar in order to help local producers.
