The Vietnam Sugar and Sugarcane Association (VSSA) has reported that the volume of sugar exported to Viet Nam from Laos has increased sixty-fold since the country imposed an anti-dumping tax on Thai sugar last year.
Viet Nam has lost over 120,000 hectares of sugarcane 2016-21, a staggering 45 per cent decrease. Meanwhile, productivity has gone down from 64.8 to 61.5 tonnes per hectare during the same period, according to the Vietnam Sugar and Sugarcane Association (VASA).