Sign In
Join Czapp
EN
Analyst Insights Explainers Czapp Explains: The Vietnamese Sugar Industry

April 15, 2021

1 min read

Czapp Explains: The Vietnamese Sugar Industry

Vietnam is a small-scale sugar producer which is no longer self-sufficient. It therefore imports sugar to meet its needs.

undefined

Consumption has been growing steadily in Vietnam due to increasing urbanisation of the population and strong GDP growth.

However, Vietnam’s cane area has decreased through the years as farmers have planted better-paying crops, notably pineapple, instead.

The Vietnamese sugar industry has traditionally been protected by the Government because sugar is deemed a sensitive commodity.

However, in 2020, Vietnam allowed unlimited sugar imports from other ASEAN origins at 5% import duty.

For more information on the Vietnamese sugar market, please subscribe to Czapp Premium.

This Czapp Explainer was Published on the 15th April 2021.

For information on our consultancy offering and other projects, please contact SGeldart@czarnikow.com.

Sign Up For Your Free Account On Czapp

Want to receive free tailored notifications straight to your inbox?

Join Czapp

Czapp Explains: What is Corporate Finance?

Corporate finance is a field of finance that deals with the financial decisions made by corporations and the various methods used to fund the company’s operations, investments, and growth opportunities. It involves analysing the financial performance of the company, identifying potential investment opportunities, determining the best ways to raise capital, and managing the risks associated with financial decisions.

Sara Warden

Read Bio

5 months ago

12 min read