Vietnam's Minister of Industry and Trade, Lê Mạnh Hùng, submitted to the National Assembly on the afternoon of October 20 a draft amendment to the Electricity Law. It would allow retail electricity to be priced by peak, off-peak and normal hours where technical conditions allow, with a roadmap for applying this to residential customers. The draft also sets out a plan to eliminate cross-subsidies between customer groups and proposes incentive pricing for renewable energy, new energy and storage systems. Nguyễn Thanh Hải, chair of the National Assembly's Committee for Science, Technology and Environment, asked that the scope and roadmap for removing cross-subsidies and electricity bill support be clarified, kept separate from direct aid to poor households, and that investment risks not be shifted to the State or the public. The committee also warned that the wording requiring full recovery of costs and reasonable profit could be read as the State guaranteeing investors' financial results.
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Original headline: Giá điện sinh hoạt có thể tính theo giờ cao điểm, thấp điểm
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electricityVietnamregulationrenewable energy
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Related tickers and likely impact
NT2
• NeutralNhon Trach 2 Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 6,722 bn VND |
| P/E | 5.4 |
| P/B | 1.34 |
| Close on 10/20/2026 | 24.10 |
| Change that session | +3.21% |
POW
• NeutralPV Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 37,581 bn VND |
| P/E | 6.3 |
| P/B | 0.91 |
| Close on 10/20/2026 | 12.50 |
| Change that session | +2.04% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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