Vietnam Electricity Group (EVN) announced a 2% cut in its average retail electricity price effective November 1, 2026, to VND 2,159.9037/kWh excluding VAT. The adjustment is based on Decree No. 72/2025/NĐ-CP as amended by Decree No. 278/2026/NĐ-CP, and follows a Deputy Prime Minister's conclusion on managing fuel and electricity prices, aimed at stabilizing the macroeconomy and supporting social welfare. The same day, the Government issued Resolution No. 45/2026, setting the special consumption tax rate on all types of gasoline at 0% from November 1, 2026 to March 31, 2027. The Ministry of Industry and Trade may propose shortening or extending this period if needed.
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Original headline: Chính thức từ hôm nay (1/11), toàn bộ người dân Việt Nam đón tin vui
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electricityfuel pricestaxesVietnam
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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