Vietnam: MOIT Refines Sugar TRQ Implementation
On August 3, 2015, the Ministry of Industry and Trade (MOIT) issued Circular 25/2015/TT-BCT on providing the principles of management of the import tariff quota on sugar in 2015. Circular 25/2015 indicates that in-tariff rate quota (TRQ) sugar shall be allocated to traders supplying sugar as an input in food manufacturing or to traders supplying raw sugar for the production of refined sugar. Although not specifically stated in the Circular, it appears that Circular 25/2015 indirectly discourages the in-TRQ importation of refined sugar for direct sale to Vietnamese consumers.