
Vietnam to Cut Electricity Prices by 2% Next Month to Curb Inflation, Support Economy
Vietnam announced a 2% reduction in average retail electricity prices, effective from November 1, 2026, to March 31, 2027, setting the rate at over 2,159 VND/kWh (excluding VAT). This measure aims to alleviate electricity costs for households and businesses and support inflation control objectives.
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Vietnam Electricity (EVN) announced a 2% reduction in the average retail electricity price, effective November 1. This will lower the price from approximately 2,204.07 VND/kWh to around 2,159.90 VND/kWh before VAT. The move aims to ease the burden on citizens and stimulate the economy.