From November 1, the average retail electricity price falls 2% to VND 2,159.9 per kWh excluding VAT, while the special consumption tax on gasoline is cut to 0% from 10% for mineral gasoline; both measures apply until March 31, 2027. The moves aim to lower production and living costs and create room to contain inflation at year-end, as the nine-month average CPI rose 4.52% against a full-year target of about 4.5%. The government attributes the CPI increase mainly to higher oil prices from the Middle East conflict, with global oil above USD 110 a barrel in the third quarter. Nguyễn Tiến Thỏa, chairman of Hội Thẩm định Việt Nam, estimates the electricity cut could lower CPI by over 0.066 percentage points, though individual household bills depend on tariff tiers and consumption. E10 RON 95-III gasoline fell nearly VND 1,600 to VND 24,150 per litre but remains about 22% above the end of February.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Vì sao giá điện, thuế xăng cùng giảm?
Read the original on VnExpress ↗
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inflationoil pricesfuel priceselectricitytaxes
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: 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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