vietnam's electricity industry

Update news vietnam's electricity industry

Vietnam proposes fairer two-part electricity pricing from 2025

A new electricity pricing system, balancing capacity and energy use, could take effect in Vietnam from 2025, marking a significant shift in how power costs are structured.

Electricity retail prices increase, affecting tens of million of clients

The average electricity retail price has been raised to VND2,100 per kwh. It is estimated that tens of million of electricity consumers will be affected by the decision, while producers will have to pay the highest additional amount.

Electricity retail price hiked by 4.8 per cent

Electricity of Vietnam (EVN) has announced an increase in the average electricity retail price by 4.8 per cent, effective from October 11.

MoIT approves price framework to purchase electricity from Laos

The Ministry of Industry and Trade (MoIT) has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.

Market-based pricing critical to attract investment in electricity industry

Electricity prices in Vietnam have not been set following market-based mechanisms, as fluctuations of input costs for electricity production have not been fully reflected in the selling prices.

EVN reports record loss despite electricity price increases

Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of 26.77 trillion VND (1.053 billion USD) on high electricity production costs, according to its audited financial report.

DPPA promotes competitive electricity market development in VN

Implementing the direct power purchase agreement (DPPA) mechanism between renewable energy generators and large customers is important to developing a competitive electricity market in Vietnam.

Laos proposes to sell 4,150 MW of wind power to Vietnam

Vietnam Electricity (EVN) has received proposals from seven wind farm investors in Laos that want to sell electricity to Vietnam, with a total capacity of nearly 4,150 MW, the Ministry of Industry and Trade (MoIT) has said.