The 4.8% electricity price increase, which pushes the cumulative rise over three years beyond 17%, poses challenges for households and businesses while encouraging...
Affordable and competitive electricity rates play a vital role in ensuring consistent revenue streams for private enterprises, encouraging their participation in...
From October 11, 2024, Vietnam Electricity (EVN) will increase the average retail electricity price by 4.8 percent. This adds pressure on people's living costs and the...
The suggested price adjustment aims to provide EVN with a sustainable revenue stream for its power plants' operation and more accurately reflect the group's input costs.
It is highly unlikely that electricity prices will go down given the current demand, Nguyen Anh Tuan, General Director of Vietnam Electricity (EVN), said at a conference...
Earlier this month, EVN said the retail price of electricity increased by 4.5 per cent to over VNĐ2,000 (8.2 US cents) per kWh starting from November 9, the second time...
Low electricity prices were believed to be good for production and daily lives but posed a significant problem to electricity producers as they might struggle to have...
Any increases in electricity prices must be studied carefully, especially in the context that firms are striving to recover production and business.
The increase may not have an immediate impact on prices of electric vehicles at the moment but will create an impetus for manufacturers to use energy more economically.
Vietnam Electricity (EVN), the country's largest power company, has proposed a new price mechanism, one that is better tuned to input price fluctuations, for...
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