The Viet Nam Sustainable Shrimp Alliance (VSSA) was set up on June 17 to promote sustainable production in an important agricultural sector in Viet Nam.
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 Viet Nam Sugar and Sugarcane Association (VSSA).
The capacity of the Vietnamese sugarcane industry is expected to improve with a co-operation deal between the Viet Nam Sugar Association (VSSA) and Coca-Cola Beverages Viet Nam Co Ltd.
Domestic and international experts in the sugarcane industry gathered at the fifth TTC annual international sugarcane conference in Phan Thiet City in Binh Thuan Province to discuss ways to help the Vietnamese sugarcane industry develop sustainably.
Viet Nam Sugarcane and Sugar Association (VSSA) has submitted a plan to relevant agencies for the establishment of a fund for sugar industry development.
The domestic sugar industry needs assistance as the sector is facing a
high inventory and threats from illegally-imported products, the Viet
Nam Sugar and Sugar Cane Association (VSSA) has suggested.
Sugar inventories in the first quarter of this year rose 50 per cent
over last year to 600,000 tonnes, while prices at processing plants fell
to the lowest level in five years.
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.
The local sugar inventory has snowballed to a record high of over
600,000 tonnes, according to Chairman of Viet Nam Sugar and Sugarcane
Association (VSSA) Nguyen Thanh Long.