The move aims to ensure a fair and competitive environment for Vietnam’s sugar industry.

Vietnam will keep in force anti-dumping and anti-subsidy duties of 47.64% for another five years on Thai cane sugar products, which are imported into Vietnam through Cambodia, Indonesia, Laos, Malaysia, and Myanmar.
A Vietnamese farmer harvests sugarcane in Phung Hiep District, Hau Giang Province. Photo: Giang Lam |
The decision was made by the Ministry of Industry and Trade on August 1, based on results from its investigation in accordance with international commitments.
The ministry decided to levy an anti-dumping duty of 42.99% and a countervailing duty of 4.65%, from August 9, 2022, to June 15, 2026.
The duties will not be applied to sugar imported from the five ASEAN countries mentioned above, as long as the sugar is produced and harvested in those countries.
Previously, in May, the ministry also extended an investigation into the evasion of trade remedies for sugar products originating from Thailand for another two months to ensure that the process runs well.
Last June, the ministry slapped anti-dumping and anti-subsidy duties of 47.64% for five years on sugar originating from Thailand with the aim to ensure a fair and competitive environment for Vietnam’s sugar industry.
In 2020, Thai businesses shipped nearly 1.3 million tons of subsidized sugar to Vietnam, an increase of 330.4% against 2019. Consequently, as many as over 3,000 Vietnamese workers have lost their jobs and some 90,000 farmers have been affected, according to MoIT.
Statistics from the General Department of Vietnam Customs noted the volume of sugar imported from the five above-mentioned ASEAN countries had sharply risen from 107,600 tons in October 2020 to 527,200 tons in June 2021. Meanwhile, the import volume from Thailand has decreased by nearly 38%, from 955,500 to 595,000 tons in the period.
The Ministry of Industry and Trade said it will continue to coordinate with relevant agencies to monitor the impact of trade remedies, production situation, supply and demand, and price to take appropriate management measures.
Other News
- Hanoi focuses on supporting business recovery: Mayor
- Hanoi promotes industrial infrastructure development for sustainable growth
- Plastics discouraged on Co To island
- Economic recovery drives hiring in H2/2022
- Vietnam brings Hung Yen longan to international markets
- ASEAN Online Sale Day 2022 kicks off
- Hanoi strengthens tourism cooperation with Central Key Economic Zone
- Vietnam's investment in education accounts 18% of total state expenditure
- Samsung plans to invest US$3.3 billion in Vietnam in 2022
- Vietnam to assess innovation in public sector
Trending
-
Vietnam, UN accelerate Sustainable Development Goals in 5-year cooperation
-
Hanoi selected to support sustainable product value chains
-
Vietnam is stunning in South Korean artist’s MV
-
Hanoi verifies promoting Covid-19 vaccination as key task
-
Hanoi focuses on supporting business recovery: Mayor
-
Construction of Hanoi’s Ring-road No.4 set to begin next June
-
Dolphin shows fascinate audiences in Hanoi
-
Vietnam's investment in education accounts 18% of total state expenditure
-
People and businesses urged to take part in the digitalization: PM