Electricity Prices Could Fall from November 1

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• EVN's 2025 electricity production cost is more than 5% lower than its selling price

  EVN reported that its 2025 electricity production and business cost averaged about 2,092.7 VND per kWh, roughly 5% below the average retail price of 2,204.07 VND per kWh (excluding VAT) applied since May 10, 2025. Power generation made up nearly 83% of the total cost of 601,680 billion VND, though the article notes the gap does not directly reflect actual profit per kWh because the retail price applies from May while costs are calculated for the full year. EVN has cleared its accumulated losses on a consolidated basis after losing about 50,029 billion VND in 2022-2023, but the parent company still had accumulated losses of about 5,611 billion VND. In the first eight months, revenue exceeded 482,000 billion VND and estimated profit reached 12,215 billion VND, and the group expects a full-year profit above 13,500 billion VND. At the September government meeting, Prime Minister Lê Minh Hưng directed that electricity prices not be raised in the final months of 2026.

  VnExpress·24/10, 04:26EVNelectricityVietnam
• EVN restructuring: Is separating power transmission necessary now?

  The Ministry of Industry and Trade proposes separating the National Power Transmission Corporation (EVNNPT) from EVN soon to ensure grid independence and a competitive electricity market, while the Ministry of Finance favours a cautious approach to preserve financial capacity and investment funding. Mr. Nguyen Anh Tuan, a former director of the Renewable Energy Centre under the Ministry of Industry and Trade, says separation is not urgent because transmission is a natural monopoly, and that calculating transmission costs correctly is more important, since current charges are averaged and do not reflect location or distance. He warns that premature separation, without adequate capital and coordination mechanisms, could affect major power projects, including the adjusted Power Development Plan VIII. The Science Council of the Vietnam Energy Journal argues that restructuring needs a suitable roadmap, a clear split between business and public-service duties, and should avoid mechanical division that weakens EVN.

  CafeF·13/10, 13:50EVNelectricityVietnam
• EVN's 2025 electricity production cost is nearly 2,093 VND per kWh

  EVN reported total electricity production and business costs of 601,680 billion VND in 2025, equal to a unit cost of 2,092.7 VND per kWh on commercial output of 287.51 billion kWh, about 5% below the average retail price of 2,204.07 VND per kWh applied since 10/5/2025. Power generation accounted for nearly 83% of costs at 498,363 billion VND, followed by distribution and retail at 78,993 billion VND and transmission at over 22,141 billion VND. The article notes the gap does not directly reflect actual profit per kWh, since the average retail price dates from May while unit cost covers the full year. EVN has cleared its consolidated accumulated losses, though the parent company still carried a loss of about 5,611 billion VND, and in the first eight months revenue exceeded 482,000 billion VND with profit estimated at 12,215 billion VND. Prime Minister Le Minh Hung has directed that electricity prices not be raised in the final months of 2026.

  VnExpress·24/10, 04:26• NT2• POW• PPCelectricityinflationVietnam
• Prime Minister: Cutting Intermediary Stages in Fuel, Electricity and Healthcare Distribution

  Prime Minister Lê Minh Hưng said the government will cut intermediary stages in fuel distribution, electricity and healthcare to lower input costs for the economy. The draft new fuel-business decree would reduce the main trader types to 4 and tighten conditions for wholesale traders, with their number expected to fall to 14-15. In healthcare, the government will amend the Law on Medical Examination and Treatment and the Pharmacy Law to remove intermediaries, as medical equipment and drugs have been marked up through overseas intermediary transactions. According to the government's report, inflation was held at 4.52% after 9 months, but world oil prices rising 65% to nearly 90% could push domestic fuel prices up 60-80% without tax adjustments.

  VnExpress·18/10, 11:35▼ PLXfuel pricesinflationVietnam
• Prime Minister: Cutting intermediary layers in fuel and electricity distribution

  Prime Minister Lê Minh Hưng said the government will amend the fuel business decree and restructure the electricity sector to cut intermediary layers and lower input costs for the economy. The draft fuel decree would reduce trader categories to four, and the number of wholesalers is expected to fall to 14-15 under stricter rules, such as owning at least 40 retail stores and storage capacity of at least 15,000 m3. The PM said nine-month inflation was held at 4.52%, but world fuel prices rose 65% to nearly 90%, and without tax adjustments domestic fuel prices could rise 60-80%. Vietnam's fuel prices are low compared with regional peers, and the budget faces a major revenue shortfall, though the government still implements these measures to share the burden with the economy and consumers. The EVN restructuring plan is being submitted to the government, and land and property prices may fall once the amended Land Law is passed.

  VnExpress·18/10, 11:35▼ PLXfuel priceselectricityinflation
• Standing Member of the Party Secretariat: Electricity prices should fall, and rise only if costs increase

  Standing Member of the Party Secretariat Trần Cẩm Tú said the General Secretary and State President has asked the government to review electricity prices with the aim of cutting them, raising them only if costs increase, while keeping inflation below 4.5%. He called for tight control of fuel, electricity and water prices, efforts to lower lending rates, and timely land and capital policies for private businesses. On education, he said the shortage of about 100,000 teachers has improved after school restructuring, and a textbook problem is under investigation as directed by the Politburo. The government is also tasked with finalizing job position, staffing and pay plans in Q4 2026. Quảng Ninh Party Secretary Quản Minh Cường argued the 10% growth target should not apply to every province, citing Cao Bằng.

  CafeF·18/10, 09:53▼ NT2▼ POW▼ PPCelectricityinflationinterest rates

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