HANOI : Vietnam has raised the average floor price for retail electricity by 13.69 per cent, the government said on Monday, a move that is expected to pave the way for state utility EVN to raise its prices. The Southeast Asian country has sought to raise retail electricity prices to encourage investment i
HANOI : Vietnam has raised the average floor price for retail electricity by 13.69 per cent, the government said on Monday, a move that is expected to pave the way for state utility EVN to raise its prices.
The minimum average retail electricity price has been raised to 1,826.22 dong per kilowatt hour , excluding value added tax, the government said in a statement. The Ministry of Industry and Trade last month asked EVN, the country's dominant electricity retailer, to submit a plan on raising electricity prices for 2023.
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