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electricity prices

Increase in electricity prices concerns manufacturer

Increase in electricity prices concerns manufacturer

The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.
MoIT strengthens fight against counterfeit goods in e-commerce

MoIT strengthens fight against counterfeit goods in e-commerce

Counterfeit and smuggled goods of unknown origin are still being sold widely with increasingly sophisticated tricks, mainly in cyberspace.
Adjusting prices will depend on assessment of macroeconomic impacts: MoIT

Adjusting prices will depend on assessment of macroeconomic impacts: MoIT

The Government allows the adjustment of the average retail electricity prices every three months. But that does not mean regular changes will happen.
Electricity price can soon be adjusted every three months

Electricity price can soon be adjusted every three months

The minimum waiting period between price adjustment periods was six months previously. 
Electricity prices expected to surge in 2024: MoIT

Electricity prices expected to surge in 2024: MoIT

The suggested price adjustment aims to provide EVN with a sustainable revenue stream for its power plants'' operation and more accurately reflect the group''s input costs.
Electricity prices highly unlikely to decrease

Electricity prices highly unlikely to decrease

Minor decreases in fuel prices do not have an effect significant enough to bring electricity prices down.
Electricity prices must be market-based to promote investment in energy sector: experts

Electricity prices must be market-based to promote investment in energy sector: experts

The Government’s subsidy for electricity is no longer appropriate given that the country is anticipated to continue facing a power shortage for socio-economic development.
VN suggests second revision of retail electricity prices, three months after first

VN suggests second revision of retail electricity prices, three months after first

Any increases in electricity prices must be studied carefully, especially in the context that firms are striving to recover production and business.
Electricity price increases to affect electric vehicle market

Electricity price increases to affect electric vehicle market

The increase may not have an immediate impact on prices of electric vehicles at the moment but will an impetus for manufacturers to use energy more economically.
Renewable energy in need of favourable policies

Renewable energy in need of favourable policies

The loans made to project developers entail regular interest payments and normally come due after three years, putting many no-revenue solar and wind farms in financial distress.
Losses of more than VND31 trillion mean EVN may increase electricity prices

Losses of more than VND31 trillion mean EVN may increase electricity prices

EVN''s total revenue in 2022 was estimated at VND460.7 trillion (US$20.03 billion), up 4.31 per cent compared to 2021.
EVN demands flexible mechanism for electricity prices

EVN demands flexible mechanism for electricity prices

Vietnam Electricity (EVN), the country''s largest power company, has proposed a new price mechanism, one that is better tuned to input price fluctuations, for electricity. 
No price hike on power bill until the end of the year: MoIT

No price hike on power bill until the end of the year: MoIT

There will be no increase in electricity price from now until the end of the year, the Ministry of Industry and Trade (MoIT) - the country''s power regulator - announced yesterday during a ministry''s monthly press conference.
Rising costs might force EVN to increase retail electricity prices: SSI

Rising costs might force EVN to increase retail electricity prices: SSI

Rising production costs might force Viet Nam Electricity (EVN) to raise retail power prices but no official decisions had been made for this year.
Ministry approves 10 per cent to power bills cut

Ministry approves 10 per cent to power bills cut

The Ministry of Industry and Trade (MoIT) has decided to cut power bills for businesses and households by 10 per cent over the next three months to ease their difficulties amid the COVID-19 pandemic.