A worker inside the Chinese-owned Vinasolar plant in Bac Giang Province, which opened to avoid US tariffs in 2014, and which has seen a surge in orders from other Chinese companies keen to avoid the US-China trade war. Photos: Cissy Zhou
Vietnam company finding a silver lining to US-China trade war, due to Asian supply chain shift
- Vinasolar, owned by Shanghai-based Yize New Energy, started production in Vietnam in 2014, after the United States and EU put tariffs on solar panels
- Now it is seeing a huge surge in orders, as other Chinese companies look to avoid US tariffs by exporting materials for assembly in Vietnam, then onto America
A worker inside the Chinese-owned Vinasolar plant in Bac Giang Province, which opened to avoid US tariffs in 2014, and which has seen a surge in orders from other Chinese companies keen to avoid the US-China trade war. Photos: Cissy Zhou
