Tags: atiga

Development chances for sugar sector still ahead: PM

Development chances for sugar sector still ahead: PM

Development chances for the sugar industry are still ahead if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting seeking ways to tackle difficulties facing the sector on February 18.

Gov’t to loosen conditions for auto imports

Gov’t to loosen conditions for auto imports

The Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services, removing a number of regulations relevant to auto imports.

Rising treat for sugar producers after ATIGA

Rising treat for sugar producers after ATIGA

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.

Sugarcane faces plummeting prices

Sugarcane faces plummeting prices

The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Vietnam Sugar and Sugarcane Association (VSSA).

AEC helps Vietnam gain firm foothold in ASEAN market

AEC helps Vietnam gain firm foothold in ASEAN market

After 23 years joining the Association of Southeast Asian Nations (ASEAN), Vietnam’s economy has connected closely with the bloc’s economy, especially after the ASEAN Economic Community (AEC) was set up in late 2015, said Minister of Industry and Trade Tran Tuan Anh.

Many sugar mills face uncertain future

Many sugar mills face uncertain future

While the ASEAN Trade in Goods Agreement (ATIGA) has been delayed until 2020, the future of the local sugar industry, with several sugar mills facing closure, remains uncertain, officials said.

Foreign goods puts pressure on domestic businesses

Foreign goods puts pressure on domestic businesses

The adoption of a zero percent tariff from January 2018 among member countries of the Association of Southeast Asian Nations (ASEAN) will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer with the flood of imports from ASEAN region.

Gov’t to smooth way for auto firms

Gov’t to smooth way for auto firms

Deputy Prime Minister Trinh Dinh Dung has urged the Ministry of Transport and the Ministry of Industry and Trade to implement current policies and assist the removal of obstacles for auto businesses.