At the regular October government session, Prime Minister Lê Minh Hưng acknowledged basic achievements but flagged challenges in controlling inflation and reaching double-digit growth, including low disbursement rates at some ministries and key projects. He stressed that controlling inflation is the top priority for the final two months of the year, warning that growth will not spread to the economy and people if inflation is not contained. On electricity, he said prices are finally falling after many years, based on a careful review of EVN’s financial situation, while fuel tax measures introduced early this year have strongly affected budget revenue. The Ministry of Finance was tasked with monitoring prices, updating inflation scenarios, accelerating VAT reform and proposing CPI targets for localities from 2027, and a decree on petroleum business is to be finalized in November 2026.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Thủ tướng: "Sau rất nhiều năm, giá điện mới giảm, trên cơ sở đánh giá rất kỹ tình hình tài chính của EVN"
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inflationelectricityfuel pricesVietnam
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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 | 6,276 bn VND |
| P/E | 4.3 |
| P/B | 1.22 |
| Close on 11/03/2026 | 21.80 |
| Change that session | -0.91% |
POW
▼ Likely negativePV Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 36,814 bn VND |
| P/E | 6.2 |
| P/B | 0.85 |
| Close on 11/03/2026 | 12.00 |
| Change that session | -0.41% |
PPC
▼ Likely negativePha Lai Thermal Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 2,796 bn VND |
| P/E | 9.6 |
| P/B | 0.63 |
| Close on 11/03/2026 | 8.72 |
| 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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