Search

The State-run EVN plans to increase the power price by 9.5 per cent next year, from VND1,508.85 ($0.07) per kWh to VND1,652.19 ($0.072) per kWh. A plan for the increase will be submitted to the Electricity Regulatory Authority of Vietnam under the Ministry of Industry and Trade (MoIT).  

The Prime Minister has just issued a decision on the average retail electricity price(excluding value-added tax) as follows: The minimum average retail price of electricity is 1,826.22 VND/kWh; The maximum average retail price of electricity is VND 2,444.09/kWh (Decision No: 02/2023, dated February 3, 2023).

The Ministry of Industry and Trade (MOIT) has just issued a document for agreement with the proposal of Electricity of Vietnam (EVN) on continuing to receive and deal with requirements about the electricity sale from the rooftop solar power projects (SPPs).

The electricity price was adjusted on June 1 in favor of individual and organization consumers, with the average price (VND1,508.85/kWh) kept unchanged.

The Prime Minister has just issued Decision 08/2020/QD-TTg on amending and supplementing a number of articles of Decision No. 24/2014/QD-TTg dated March 24 / 2014 by the Prime Minister on the mechanism to support developing the biomass power projects in Vietnam.

The Ministry of Industry and Trade (MOIT) has just promulgated Decision No. 281 on 2019 range of price of electricity generation, applicable for negotiating PPAs (as stipulated in Article 1 of Circular No. 57/ 2014/TT-BCT dated December 19, 2014 of the Minister of Industry and Trade). 

On January 11, 2019 The Prime Minister issued the Decision to amend and supplement a number of articles of the Decision No. 11/2017 / QD-TTg of the Prime Minister dated April 11, 2017 on incentive mechanism for developing solar power projects in Vietnam. In which, there is modification of the regulations on electricity prices for the rooftop solar power projects.  

In the conclusion of a hand over to the next shift of the Ministry of Industry and Trade (MoIT), the Minister Vu Huy Hoang  said the electricity tariffs will be soon adjusted from 6 to 3 price steps and come to a single step in future.

Electricity of Vietnam (EVN) has just decided to adjust the average electricity retail price by VND 1,920.3732/kWh (excluding value added tax - VAT) from May 4, 2023.

The Ministry of Industry and Trade (MOIT) has approved the wholesale price framework of Electricity of Vietnam (EVN) for the power corporations in 2018.

Deputy Prime Minister Le Minh Khai signed and promulgated Decision No. 05/2024/QD-TTg regulating the mechanism for adjusting the average retail electricity price (replacing Decision 24/2017/QD-TTg). This decision takes effect from May 15, 2024.

On October 16, 2019, in Hanoi, the National Power Transmission Corporation (EVNNPT) and the Electricity Trading Company (EVNEPTC) signed the  Contract on power transmission service for 2019-2023 period with the price of electricity transmission in 2019 as 101.3 VND/kWh, down 9.58 VND/kWh in comparison with the price in 2018.

The Minister of Industry and Trade has just issued a Decision approving the coal price framework and electricity generation price framework in 2023. Accordingly, the coal price is 1,808,000 VND/ton, the electricity generation price framework for coal-fired power plants is 0 - 1,559.70 VND/kWh and the electricity generation price range for hydropower plants is 0 - 1,110 VND/kWh (the above price framework does not include value added tax (VAT) and other related taxes and costs).

The Ministry of Industry and Trade (MOIT) has just issued Circular No. 42/2022/TT-BCT stipulating the inspecting the electricity activities and electricity use and solving the disputes in the trading electricity contracts. The Circular clearly stipulates the competence and sequence of the Electricity Regulatory Authority (MOIT) and provincial Departments of Industry and Trade for solving disputes in trading electricity contracts (The Circular takes effect from February 16, 2023).

The General Director of Electricity of Vietnam (EVN) has just issued Decision No. 353/QD-EVN dated March 17, 2021, on regulating electricity services in EVN Group (for short as Decision 353), effective from April 01, 2021.