Deputy Prime Minister Nguyen Van Thang: Retail Electricity Prices Will Be Reduced by Approximately 2%.
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The government is directing EVN to minimize costs, aiming to reduce retail electricity prices by approximately 2%, and also plans to reduce the special consumption tax on gasoline to 0%.
From November 1st, 2026, the average retail electricity price will be adjusted down to 2,159.9037 VND/kWh, excluding value-added tax, equivalent to a 2% reduction compared to the current rate. The Ministry of Industry and Trade proposes adjusting the regulations on the 5-tiered retail electricity pricing system for household consumption. The Ministry of Finance submits a plan to restructure EVN to align with a competitive electricity market. Ele…
Deputy Prime Minister Nguyen Van Thang stated that the Government is directing the Vietnam Electricity Group (EVN) to urgently review and minimize costs in order to reduce retail electricity prices by approximately 2% from now until March 31, 2027.
(Dan Tri Newspaper) - The government is directing the Vietnam Electricity Group (EVN) to urgently review and minimize costs, aiming to reduce retail electricity prices by approximately 2% between now and March 31, 2027.
Deputy Prime Minister Nguyen Van Thang said the Government is directing EVN to urgently review and minimize costs, aiming to reduce retail electricity prices by about 2% between now and March 31, 2027.
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