Two-component electricity pricing is expected to be piloted with large-consumption manufacturing customers starting in October, before official implementation next year.
In the first 9 months of this year, Vietnam's total merchandise export and import value reached over 680 billion USD, an increase of over 17% compared to the same period in 2024.
Vice Minister Nguyen Sinh Nhat Tan affirmed that management agencies have no reason to create difficulties for citizens installing rooftop solar power for self-production and self-consumption.
A representative of the Vietnam Fruit and Vegetable Association proposed developing centralized sales points and limiting widespread street vending to improve management and reduce risks for consumers.
If retail electricity prices increase by about 3% from October, EVN's revenue is projected to increase by around 4.8 trillion VND, according to a representative from the Ministry of Industry and Trade.
Government agencies and experts are calling for transparency from EVN regarding the 45 trillion VND loss it wants to incorporate into electricity prices. They demand a clear explanation of the causes and a detailed breakdown of the costs involved.
The Ministry of Industry and Trade has proposed a pilot program for two-part electricity pricing for manufacturing customers starting early next year, with a view to formal testing and broader implementation from August 2027.
The deputy minister of industry and trade says the energy sector, especially electricity, needs to take the lead in creating a foundation for socio-economic development.
