Power retail prices remained stable at VND1,864.44 (7.7 UScents approx..) per kWh since 2019 and there was first increase in 2023 to VND1,920.37 (7.9 UScents approx..) per kWh and the second jump is at VND 2,006.79 (8.2 UScents approx..) per kWh. All excl. VAT (https://lnkd.in/gnZB3tpf)
– Nov. 2022 reporting (losses $635 mln): https://lnkd.in/g2gJ7jDe
– Dec. 2022, seeking retail price increase: https://lnkd.in/g2hDgeEq
– Feb. 2023 – 1st increase: https://lnkd.in/gHjjkmcF
– July, 2023, seeking 2nd retail price increase: https://lnkd.in/g9C_8R9X
In parallel, energy generation cost to be efficient (https://lnkd.in/gSzisdgZ). Offtake – retail margin broadening, on the sidelines US$ – VND FX fluctuation continues…
https://lnkd.in/e957wASK
#energy #electricity #business #manufacturing #power #generation #transmission #economy #energysecurity #competitivemarket
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 within 1 year. EVN issued Decision No. 1416 yesterday, price effective today (9th Nov. 2023).){kind=link}