Vietnam  is ready to discuss solar panel tariffs with the U.S.

Vietnam is ready to engage in dialogue with the U.S. following the latter’s announcement of steep tariffs on solar panels imported from four countries in Southeast Asia, including Vietnam, the Government News quoted Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang as stating at a press conference in Hanoi on April 24.

Vietnam is willing to work with relevant U.S. authorities to resolve the matter, ensuring that all information is reviewed in an objective and fair manner and in line with international practices, thereby promoting bilateral cooperation in economy, trade, and investment, the spokesperson said.

"We remain committed to fostering trade activities in a fair and transparent manner, while safeguarding the legitimate rights and interests of businesses operating in Vietnam," she stressed.

The U.S. Department of Commerce on April 21 announced that it would be imposing tariffs on solar panels imported from four Southeast Asian countries, including Vietnam. The average tariff rate for Vietnamese firms is expected to be around 395.9 per cent, with some companies facing potential duties of up to 800 per cent.