electricity price

Update news electricity price

Minister of Industry and Trade Do Thang Hai said an electricity price adjustment is being considered, but noted that it is impossible to adjust the electricity price in a short cycle as is now being done to gasoline prices.

EVN’s proposed electricity price hike under consideration

The Ministry of Industry and Trade has been gathering feedback on a proposal of Vietnam Electricity Group (EVN) for increasing electricity prices.

Renewable energy booms as better prices offered

As the government in the past set attractive electricity prices using the FIT (feed in tariff) mechanism, a boom period of renewable energy occurred.

Power sector faces coal price shocks

The power sector is in a difficult period because of the global fuel crisis. Higher production costs and higher cost prices compared to selling prices all have put the sector at risk.

New electricity price system does not affect majority of customers: expert

The two electricity price systems which the Ministry of Industry and Trade (MOIT) has designed will not have a big impact on most people.

New electricity price system proposed

The Ministry of Industry and Trade (MOIT) is collecting opinions about the new draft electricity prices. For daily household use, there would be five instead of six electricity price levels.

Vietnam increases coal, oil imports

Vietnam has become an importer of coal, oil and gas, but experts have warned against a high reliance on imports.

Vietnam to lift monopoly, electricity prices to be determined by market

The Ministry of Industry and Trade (MOIT) has received many questions related to electricity pricing, including retail prices for household use and price adjustment frequency.

Electricity projects progressing slowly, Vietnam warned of power shortage

An electricity shortage did not occur in 2010-2019, but it may face a problem in 2021-2025 as a series of electricity generation projects have been going slowly.

Low price scheme disappoints rooftop solar-power developers

As of August 23, 45,299 rooftop solar power projects had become operational with total capacity of 1,029 MWp, according to the Electricidty of Vietnam (EVN).

Breaking the monopoly: key to the power industry development

Vietnam needs an electricity power policy under which the market rules, investors make a profit, and the poor can afford electricity.

Experts suggest adjusting electricity retail price once every six months

Electricity consumers complain that retail electricity prices keep increasing.

Electricity Regulatory Authority rethinks single pricing model

The Electricity Regulatory Authority (ERA) has changed the proposal of allowing household consumers to choose to pay electricity bills under either a multi-tiered price or single-price mechanism.

Ministry scraps single power price proposal

The Ministry of Industry and Trade (MoIT) has decided to cancel plans for a single price model to calculate power tariffs after receiving feedback from relevant ministries and experts.  


Consumers to negotiate electricity prices in 5 years, when monopoly is removed

When the competitive electricity retail market takes shape, EVN will no longer be the only retailer and people will be able to choose their retailer and negotiate prices.

How would electricity bills set at single-price level affect residents?

If the single price of VND1,864 per kwh, which is equal to the average retail price, is set, millions of clients will have to pay more for electricity bills.

Two electricity options offered for household consumers

Under a ministry proposal, consumers would pay for electricity use under either a 5-tier price system or a single-price system.

Vietnam draws up roadmap to eliminate monopoly in power sector

A solution for the power industry has been put into discussion: selling entire power plants to investors after they are put into operation.

Suitable tiered pricing mechanism urged for Vietnam's electricity sector

The Ministry of Industry and Trade (MoIT) is proposing reducing power price tiers from the current six to five levels.

Is it time for rooftop solar power?

Industrial zones as well as supermarkets and large real estate developers have begun designing rooftop solar power systems for their new projects.