Vietnam proposes electricity price hike to address growing cost


HANOI (Xinhua): The Vietnamese Ministry of Industry and Trade proposed an electricity price hike in 2024 in an effort to address financial challenges faced by Vietnam Electricity (EVN).

The suggested price adjustment aims to provide the EVN with a sustainable revenue stream for its power plants' operation and more accurately reflect the group's input costs, Vietnam News reported Monday.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Vietnam , Power Hike , Huge Cost

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