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.
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Original headline: Thường trực Ban Bí thư: Giá điện nên giảm, chỉ tăng khi phát sinh chi phí
Keywords
electricityinflationinterest ratesVietnam
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Related tickers and likely impact
NT2
▼ Likely negativeNhon Trach 2 Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 6,708 bn VND |
| P/E | 5.3 |
| P/B | 1.34 |
| Close on 10/16/2026 | 23.30 |
| Change that session | 0.00% |
POW
▼ Likely negativePV Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 37,428 bn VND |
| P/E | 6.3 |
| P/B | 0.91 |
| Close on 10/16/2026 | 12.20 |
| Change that session | 0.00% |
PPC
▼ Likely negativePha Lai Thermal Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 2,786 bn VND |
| P/E | 10.2 |
| P/B | 0.62 |
| Close on 10/16/2026 | 8.69 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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