Farmers have come up with methods to protect raspberries from the changing climate.
The introduction of ATIGA has jeopardized Vietnam's sugar industry.
According to the Association of Southeast Asian Nations Trade Agreement (ATIGA), Vietnam’s domestic sugar price will be reduced by 15-20% to compete with imported sugar. Many small sugar factories will be on the verge of closure.
According to Prime Minister Nguyen Xuan Fook, the problem is aggravated by the ineffective fight against sugar smuggling and the low sugar price in neighboring Thailand. The current cost of sugar production in Vietnam is approximately $ 4–8 higher than in Thailand.
According to VSSA forecasts, sugar production in the country will decrease by 17.5%. A reorientation of the sugar industry to the creation of renewable energy from reed waste can save the situation. Local sugar mills can provide about 40% of the renewable energy production target.
However, to increase investments in biomass energy production and support the sugar industry, a higher subsidized price for electricity is needed. Approximately 9.35 cents. By comparison, eight Vietnam-connected sugar mills sell electricity at 5.8 cents per kWh, which is much lower than in Thailand and the Philippines. The Prime Minister promised that all measures would be taken to improve the country's sugar industry and support manufacturers.
The world championship in raspberry growing belongs to Russia. The second and third places are respectively occupied by Serbia and the USA.
On February 12, the European Parliament officially voted to ratify the Free Trade Agreement (EVFTA). The EU will provide Vietnam with a quota of 10 thousand tons of white sugar and 10 thousand tons of products containing more than 80% sugar.
- Brazil expects the Chinese government to not extend certain sugar import tariffs, said a spokesman for the Brazilian Ministry of Agriculture.
- The development of the world's first robot for collecting raspberries is gaining momentum. British startup Fieldwork Robotics aims to produce in the UK next year and receive an additional investment of $ 1 million.
- It is expected that in 2019-2020. global sugar production will be less than the previous year.