Vietnam to import 100,000 tonnes of sugar

The Ministry of Industry and Trade (MoIT) has issued a circular on the additional quota for sugar import under which Vietnam will import another 100,000 tonnes of refined and raw sugar this year.    

Of the 100,000 tonnes to be imported, 25,000 tonnes of raw sugar will be transferred to the Bien Hoa Sugar Joint Stock Company for processing for the domestic market.

In addition, 50,000 tonnes of refined and raw sugar will be delivered directly to businesses.

The remaining sugar will be allocated to various entrepreneurs to stabilize prices in the domestic market. The circular will be in effect until December 31.

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