Recent adjustments made to Việt Nam''s electricity retail prices were part of an effort to fuel the next economic development phase, said the former head of the General Statistics Office of Vietnam (GSO) Nguyễn Bích Lâm.
Electricity retail prices should have been raised by 9.26 per cent instead of 8.36 per cent if EVN had correctly calculated the VND3.26 trillion foreign exchange rate difference in 2018 into production costs.
The Ministry of Industry and Trade (MoIT) is drafting regulations on new retail prices for electricity, aiming to lower electricity prices for hotels in order to strengthen the tourism sector and hike prices for electricity-guzzling households in an effort to...
Prime Minister Nguyen Tan Dung has issued a decision on electricity
retail prices that will apply to six price levels instead of the current
seven levels.
