Tags retail electricity price Power price to rise 8% this month Wednesday, Mar 06, 2019 Power prices will increase by an average of 8.36 per cent at the end of this month, said deputy minister of Industry and Trade (MoIT) Hoang Quoc Vuong on Tuesday. Power tariffs to follow market mechanism Friday, Jun 12, 2015 Local retail electricity price will be adjusted under a market mechanism by 2016, said Minister of Industry and Trade Vu Huy Hoang.