VN sugar firms bitter as smuggling soars uncheckedThe huge volume of cheap sugar smuggled in from Thailand is among the key reasons for high inventories at sugar factories, according to the Viet Nam Sugar and Sugarcane Association. “Smuggling of sugar into Viet Nam is becoming more sophisticated. It comes mainly from Thailand, which subsidises sugar production and export, he said. Local authorities should step up inspection of business establishments that are licensed to produce sugar but do not have factories and instead sell smuggled sugar. If home-made sugar is cheap, there would be no chance for smuggled sugar to flood the country, he pointed out.

Source: VietNamNet News May 26, 2017 03:11 UTC