Vietnam Adjusts Peak-Hour Electricity Pricing, Forcing Manufacturers to Shift Production Schedules
Business

Vietnam Adjusts Peak-Hour Electricity Pricing, Forcing Manufacturers to Shift Production Schedules

Vietnam's Ministry of Industry and Trade has shifted peak-hour electricity pricing to the evening, prompting businesses to adjust production schedules. Driven by the surge in solar power during the day and high demand at night, this policy forces manufacturers to invest in energy storage and optimize operations to mitigate rising costs.

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