While sugar prices in Indonesia, the Philippines and China increased last month, Vietnam's sugar prices witnessed a decline.

VOV.VN - Vietnam’s sugar production was estimated to be roughly 750,000 tonnes during the 2021 - 2022 crop, an increase of 8.3% compared to the previous crop, although this rise has yet to sufficiently meet domestic market demand.

The Ministry of Industry and Trade (MOIT) will auction an additional import tariff quota for 200,000 tons of sugar for the crop year 2021-2022.