The National Power System and Market Operation Company (NSMO) says that shifting peak electricity hours delivers significant economic benefits.

Vietnam Electricity (EVN) reported a profitable 2025, with average annual employee income at its parent company reaching VND479.219 million (about USD18,430) per person.

The debate over battery storage is becoming central to Vietnam's energy transition as policymakers weigh higher investment costs against long-term grid benefits.

The utility argues that while battery storage raises investment costs, its effectiveness for large-scale solar projects remains insufficiently defined.

Despite reporting strong profits in 2025, EVN parent company has accumulated losses. Nguyen Tien Thoa, chair of the Vietnam Valuation Association, said current conditions are not yet sufficient to justify a reduction in electricity prices.

EVN’s record profit of nearly VND52 trillion in 2025 has sparked debate over what drove the sharp earnings increase and whether consumers could expect lower electricity prices in the coming years.

EVN’s near-USD2 billion profit in 2025 has prompted fresh questions over whether electricity prices could eventually decline.

Vietnam Electricity Group (EVN) posted its strongest financial performance in years in 2025, eliminating accumulated losses while explaining why it continues to hold billions of dollars in bank deposits.

Vietnam Electricity (EVN) has directed its regional power corporations to roll out a coordinated package of measures to maintain safe, stable supply while bolstering customer service and pushing energy conservation as temperatures soar.

A draft amendment to Vietnam’s Electricity Law could pave the way for the recovery of nearly VND45 trillion in losses accumulated by state utility EVN during the energy crisis years.

The Ministry of Industry and Trade has issued a directive requiring Vietnam Electricity (EVN) to apply retail electricity tariffs for data centers in accordance with existing regulations.

For many years, electricity has always had to stay “one step ahead” of the pace of economic development. No economy can accelerate sustainably when energy infrastructure lags behind.

Vietnam has officially adjusted its electricity peak-hour framework, concentrating the highest-demand period in the evening from 5:30pm to 10:30pm, as power consumption continues to surge nationwide.

As consumption exceeds expectations, Vietnam’s energy sector faces a delicate balance between rising demand and constrained generation resources.

Vietnam’s electricity demand surpasses 1 billion kWh per day, setting a new 2026 record amid early summer heatwaves.

Vietnam Electricity (EVN) has submitted feedback on a proposal by the Ministry of Industry and Trade to revise peak, off-peak and normal electricity hours as the basis for pricing.

Vietnam Electricity (EVN) has signed the loan agreement for Sub-project 1 of the LNG Quang Trach II Power Plant project with four major banks, with the total value amounting to 29.57 trillion VND (1.14 billion USD).

Despite a turbulent year, EVN posts higher-than-expected profits and recommends updates to power pricing to reflect operational realities.

From October, EVN begins piloting a two-component electricity tariff comprising capacity and energy charges. The lowest energy price is VND843 per kWh.