HANOI: The Electricity of Vietnam (EVN) has once again proposed to increase electricity prices to combat enormous losses, which may reach more than 93 trillion dong (nearly US$4bil or RM17.6bil) in 2022 and 2023.
In a recent report submitted to the Industry and Trade Ministry and the Committee for Management of State Capital at Enterprises, EVN delivered a bleak picture of its financial balance in 2022 due to high fuel prices and volatile foreign exchange rates.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
