Vietnam Announces Retail Electricity Price Cut from November 1 Next Year
The Vietnamese government has announced plans to reduce the average retail electricity price by 2% from November 1, 2026, to March 31, 2027, aiming to alleviate burdens on citizens and businesses. This move follows several price increases earlier this year.
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- Vietnam to Reduce Electricity Prices by 2% from November 1
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.