VOV.VN - Domestic enterprises face numerous difficulties in terms of sugar consumption due to fierce competition caused by cheap imported sugar from Thailand, according to figures compiled by the Vietnam Sugarcane and Sugar Association (VSSA).

VOV.VN - Under the terms of the EU-Vietnam Free Trade Agreement (EVFTA), it is anticipated that the EU will offer tax incentives for 10,000 tonnes of white sugar and 10,000 tonnes of products containing over 80% sugar, according to the Agro Processing and Market Development Authority (Agrotrade).

VOV.VN - The Ministry of Industry and Trade (MoIT) has initiated anti-dumping and anti-subsidy investigations into a number of different types of sugar imported from Thailand.

Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.

Minister of Industry and Trade Tran Tuan Anh has asked agencies to implement measures on trade remedies, import and export management and strengthen market management for sugar products.

The General Department of Vietnam Customs must work with ministries, sectors and localities to tackle sugar smuggling and sugar trade fraud, Prime Minister Nguyen Xuan Phuc has said.