Hau Giang Province, the largest sugarcane producer in the Cuu Long (Mekong) Delta, is growing less and less of the crop as prices fall sharply.

The sugar industry will have greater development opportunities if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting on Tuesday.

Sugar companies are in such danger that the Ministry of Agriculture & Rural Development (MARD) on April 3 had to organize a meeting with the sugar association to discuss ways to rescue them.

 VietNamNet Bridge – Sugarcane farmers in the Tay Nguyen (Central Highlands) province of Gia Lai had lost hundreds of billions of dong due to a prolonged severe drought in the region,

VietNamNet Bridge - Sugar companies have once again shouted for help as the volume of inventory is increasing rapidly, while the domestic market is flooded with smuggled sugar.

 VietNamNet Bridge – Many farmers in the Cuu Long (Mekong) Delta have suffered losses in the 2017-18 sugarcane crop because of low prices.

VietNamNet Bridge - The amount of bagasse, a sugarcane byproduct, that Vietnamese throw away every year could be used to generate billions of kwh of electricity.

 VietNamNet Bridge – Sugarcane prices have fallen for the past three years, prompting farmers in the southernmost province of Ca Mau's Thoi Binh District to plant ginger, a more profitable crop.

VietNamNet Bridge - The Vietnamese-owned Hoang Anh Gia Lai Group has received approval from the government to import 50,000 tons of sugar made in Laos, creating concern among domestic sugar companies.

 VietNamNet Bridge – For sugarcane farmers in the central and southern regions it has been a double whammy as bad weather and diseases first hit their crop and then low prices reduced their incomes.

VietNamNet Bridge – In reply to a statement by MOIT about the weak sugar industry, the Vietnam Sugar Cane and Sugar Association has published a 4,500-word document, rejecting the viewpoints expressed by the ministry.

 VietNamNet Bridge – The Vietnam Sugar and Sugar Cane Association (VSSA) has protested against the plan by Hoang Anh Gia Lai group to sell 30,000 tons of sugar it made in Laos to the Bien Hoa Sugar JSC.

 VietNamNet Bridge – The sugar plants in Mekong Delta have just started the new sugar cane pressing season, but they can foresee loss.

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 VietNamNet Bridge – Forbes Vietnam, the Vietnamese edition of the international Forbes magazine, has announced a list of the top 50 best companies on the country's stock exchange.

 VietNamNet Bridge – For each cane priced VND13,000, the seller can process four cane-juice glasses, earning VND40,000 ($2). Selling hundreds of glasses of cane-juice a day, one can earn very high profit.