More efforts needed to maintain export growth to China: Insiders Government’s action programme cracks down on illegal fishing Corporate bond maturity in 2024 remains high: MoF

US waives tariffs on solar panels from Việt Nam

Source: VNA

Source: VNA

See the author's posts
16:32 | 07/06/2022 Import-Export Follow english.haiquanonline.com.vn on
The US on Monday announced a two-year tax exemption period on solar panels manufactured in four Southeast Asian countries, including Việt Nam.

Vietnamese solar panels. The US has waived tariffs on solar panels from Việt Nam to ensure access to a sufficient supply of solar modules. VNA/VNS Photo Vũ Sinh

The US on Monday announced a two-year tax exemption period on solar panels manufactured in four Southeast Asian countries, including Việt Nam.

The move is aimed to ensure an adequate supply of panel components to cater for the rising demand for solar energy in the US.

The White House emphasised that technology in clean energy would allow households to cut their electricity bills, reduce power supply risks in the country and ease the pressing crisis caused by climate change.

It has set the target of tripling solar energy production by 2024, from 7.5 gigawatts to 22.5 gigawatts, sufficient to provide electricity to 3.3 million families each year.

US President Joe Biden also activated the Defence Production Act (DPA) to boost solar panel production in the US.

Source: VNA
vietnamnews.vn
Tags:
solar panels US tariffs

Related News

Top 50 US businesses arrive in Vietnam for the country’s attractive investment environment

Top 50 US businesses arrive in Vietnam for the country’s attractive investment environment

09:56 | 01/04/2024 Import-Export

VCN – Many sectors in Vietnam are increasingly attract the attention of US businesses, including healthcare, energy, elecommunications, restaurants, and hotels. Vietnam has expanded investment to the US in sectors such as electric vehicles, creating thousands of jobs, in line with the goal of developing renewable energy between the two countries, said by Ms. Sarah Morgenthau, Special Representative for Trade and Business, US Department of State.
Cooperation between Viet Nam and US Customs administrations promotes

Cooperation between Viet Nam and US Customs administrations promotes

09:24 | 25/10/2023 Customs

VCN – Director General of General Department of Viet Nam Customs (GDVC) Nguyen Van Can had a working session with US Ambassador to Vietnam Marc E. Knapper, on October 23, at the GDVC’s headquarters.
Opportunities for Vietnamese businesses from the shift in US production chains

Opportunities for Vietnamese businesses from the shift in US production chains

14:15 | 26/10/2023 Import-Export

VCN - Many US businesses continue to promote supply chain shifts into Vietnam with the expectation that every product sold in the world contains at least some components manufactured in Vietnam.
Vietnam-US Comprehensive Strategic Partnership heralds new waves of trade

Vietnam-US Comprehensive Strategic Partnership heralds new waves of trade

15:25 | 29/09/2023 Headlines

On the back of the newly-signed Comprehensive Strategic Partnership between Vietnam and the US, American exporters are setting their sights on delivering a wider range of agricultural products to Vietnamese consumers.

Latest News

More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

13:55 | 23/04/2024 Import-Export

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

09:31 | 23/04/2024 Import-Export

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European business community.
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

15:08 | 22/04/2024 Import-Export

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

15:06 | 22/04/2024 Import-Export

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

More News

Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

10:38 | 22/04/2024 Headlines

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial park successfully or not mainly depends on businesses, entrepreneurs - industrial park investors.
Find ways to a corporation for businesses in industrial parks

Find ways to a corporation for businesses in industrial parks

10:38 | 22/04/2024 Import-Export

VCN - The country has nearly 300 industrial parks in operation, but with the requirement to join the global value chain, the issue of linkage and connection between businesses in industrial parks and industrial clusters needs to be concentrated on more.
Export turnover of two agricultural product groups grows three-digit

Export turnover of two agricultural product groups grows three-digit

18:10 | 21/04/2024 Import-Export

VCN – In March, the export turnover of agricultural product groups grows three-digit compared with the previous month.
Early warnings reduce risks in trade defense

Early warnings reduce risks in trade defense

18:09 | 21/04/2024 Import-Export

VCN - In the first months of 2024, export turnover of goods grew strongly, continuing the recovery momentum from the end of 2023. Along with that, the risk of trade defense investigations also escalated
Rubber exports are flourishing, promising potential

Rubber exports are flourishing, promising potential

17:51 | 20/04/2024 Import-Export

VCN - Rubber exports reached 414.31 thousand tons in the first quarter of 2024, worth US$607.35 million, increasing 8.5% in volume and 14.3% in value compared to the same period in 2023.
Vietnam becomes biggest rice supplier for Singapore

Vietnam becomes biggest rice supplier for Singapore

17:49 | 20/04/2024 Import-Export

Vietnam has for the first time surpassed India and Thailand to become the largest rice exporter to Singapore by shipping 36.15 million SGD (26.55 million USD) worth of rice in the first three months of this year, an increase of 80.46% over the same period in 2023, winning 32.03% of the market share, according to the Vietnam Trade Office in Singapore.
Vietnam an attractive destination for electronics, semiconductor investors: Official

Vietnam an attractive destination for electronics, semiconductor investors: Official

17:41 | 20/04/2024 Import-Export

Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
Wood exports started well

Wood exports started well

13:26 | 20/04/2024 Import-Export

VCN - After a year of missing the growth target, the year of 2024 exporting wood and wood products has had a good start, but there are still many potential risks.
Take advantage of e-commerce leverage for export

Take advantage of e-commerce leverage for export

13:25 | 20/04/2024 Import-Export

VCN - Exporting via e-commerce is gradually becoming popular and becoming a trend that many businesses are interested in.
Read More

Your care

Latest Most read
More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

13:55 | 23/04/2024 Import-Export

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

09:31 | 23/04/2024 Import-Export

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European busine
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

15:08 | 22/04/2024 Import-Export

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

15:06 | 22/04/2024 Import-Export

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

10:38 | 22/04/2024 Headlines

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial par
Mobile Version