IREX, a Vietnam-based solar company, believes domestic demand can partly offset the decline in exports to the U.S. (Photo: Lin Bo-yu)
Despite uncertainties surrounding US tariffs, Vietnam’s renewable energy market remains resilient, attracting attention from developers in Japan and France. Discussions at this year’s Solar & Storage Live Vietnam, held from July 9 to 10, focused on policy progress and reflected sustained market confidence, despite tariff-related concerns.
Local solar module manufacturers acknowledged significant impacts on solar exports caused by US tariffs. However, they remain optimistic, believing domestic and alternative export markets can help offset these losses. Some developers also view US tariffs as a short-term disruption, suggesting the U.S. will ultimately rely on imports from ASEAN countries to maintain a stable supply chain.
