Vietnam Cuts Average Retail Electricity Prices by 2%

From 1 November, Vietnam reduced its average retail electricity price by 2%, while the Government also set the special consumption tax on gasoline at zero until 31 March 2027. The electricity-price announcement did not disclose a total monetary value for the savings. Lower energy and fuel costs may support manufacturers, transport operators and infrastructure businesses. HPC can assist with energy-market research, project feasibility studies and operational cost analysis.