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VietNamNews

Illegal sugar pours into Viet Nam

Update: October, 25/2014 - 12:00

Lots of sugar is making its way into Viet Nam from other countries.

The sugar from outside is being smuggled into Viet Nam, which means it is coming into the country illegally.

Smuggled sugar had stolen the market share of domestically-produced sugar.
Smuggled sugar had stolen the market share of domestically-produced sugar. - Photo toquoc

HA NOI (VNS) — Several sugar companies are saddled with increasing inventory because of imported and smuggled sugar, according to figures from the Ministry of Agriculture and Rural Development.

The figures showed that as of September 15, the sugar inventory at factories was estimated at 280,000 tonnes, a year-on-year increase of 58,690 tonnes, while the amount of sugar sold was 92,000 tonnes, a year-on-year decrease of 10,000 tonnes.

Nguyen Thanh Long, chairman of the Viet Nam Sugar and Sugarcane Association, told a forum for enterprises in the agricultural sector held here on Wednesday that the biggest difficulty of domestic sugar companies was smuggled sugar.

Long said sugar consumption from domestic factories was at 50,000 to 60,000 tonnes during the lean season and 80,000 to 90,000 tonnes during the peak season while it was previously 130,000 to 140,000 tonnes during the peak season. This is because smuggled sugar had stolen the market share of domestically-produced sugar.

He added that the permissive licences granted to sugar producers and businesses had resulted in an increase in smuggling activities. He also revealed that several companies had applied for licences to legalise the trading of smuggled sugar.

The massive import of sugar has also put pressure on domestic companies. Bui Thi Quy, chairman and general director of the Con Long My Phat Sugar and Sugarcane Company, said the Government allowed the importation of 70,000 tonnes of sugar, and this had led to a larger sugar inventory for domestic enterprises. — VNS

GLOSSARY

Several sugar companies are saddled with increasing inventory because of imported and smuggled sugar, according to figures from the Ministry of Agriculture and Rural Development.

To be saddled with something means to have to carry a burden.

A company's inventory is a list of what it has in its stores.

Nguyen Thanh Long, chairman of the Viet Nam Sugar and Sugarcane Association, told a forum for enterprises in the agricultural sector held here on Wednesday that the biggest difficulty of domestic sugar companies was smuggled sugar.

A forum for enterprises in the agricultural sector is a place where small businesses connected to farming have a chance to talk about things that affect them and hear what other people say about such things.

Domestic sugar companies are those within the country.

Long said sugar consumption from domestic factories was at 50,000 to 60,000 tonnes during the lean season and 80,000 to 90,000 tonnes during the peak season while it was previously 130,000 to 140,000 tonnes during the peak season.

Sugar consumption is the buying and eating of sugar.

A lean season is a poor season.

A peak season is a very busy and productive season.

This is because smuggled sugar had stolen the market share of domestically-produced sugar.

The market share of domestically-produced sugar is made up of the people who usually buy the sugar that the domestic sugar industry makes. Other parts of the market share are made up of people who buy sugar that other producers, from outside the country, make.

He added that the permissive licences granted to sugar producers and businesses had resulted in an increase in smuggling activities.

A permissive licence is one that allows lots of freedom.

He also revealed that several companies had applied for licences to legalise the trading of smuggled sugar.

To legalise the trading of smuggled sugar means to change it from being an illegal activity to a legal activity.

The massive import of sugar has also put pressure on domestic companies.

To import means to buy from another country.

 

WORKSHEET

Find words that mean the following in the word Search:

1.        Bringing in something from another country illegally.

2.        The plant from which sugar is made.

3.        Nguyen Thanh Long's position at the Viet Nam Sugar and Sugarcane Association.

4.        The month when the sugar inventory at factories was estimated at 280,000 tonnes.

5.        The unit in which sugar production is measured.

 

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© Duncan Guy/Learn the News/ Viet Nam News 2014



























1. Smuggling; 2. Sugarcane; 3. Chairman; 4. September; 5. Tonnes.

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