Philippines reduces tariffs on imported EVs ASEAN

Philippines reduces tariffs on imported EVs

The President office of the Philippines recently announced that the country will reduce tariff rates on imported electric vehicles (EV), parts and components, to boost the EV market in the country.
Philippines lifts tariffs on electric vehicles World

Philippines lifts tariffs on electric vehicles

A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr has approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs, according to foreign media.
Firms advised to stay cautious despite US’s tariffs exemption on solar panels Business

Firms advised to stay cautious despite US’s tariffs exemption on solar panels

The Trade Remedies Authority has recommended businesses stay cautious after US President Joe Biden's announcement on June 6 on tariff exemption for solar panels imported from Vietnam, Cambodia, Malaysia and Thailand, urging them to continue to review their export of products subject to the US’s anti-circumvention investigation.
US waives tariffs on solar panels from Vietnam Business

US waives tariffs on solar panels from Vietnam

US President Joe Biden on June 6 declared a 24-month tariff exemption for solar panels manufactured in four Southeast Asian countries, including Vietnam, in an effort to promote clean energy production in the country.
Vietnam footwear exports to EU grow Business

Vietnam footwear exports to EU grow

Thanks to the preferential tariffs under the EU-Vietnam Free Trade Agreement, footwear exports to the bloc’s 27 member countries increased by 19.2 percent year-on-year in the first quarter of 2021.