Vietnam electricity rates may go up
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Electricity prices may rise by 5-10 per cent, if a proposal by the country's power provider Electricity of Viet Nam (EVN) is approved.
The head of the Ministry of Finance’s Price Management Department, Nguyen Tien Thoa, said EVN had three proposals on the table of price rises between 5 and 10 per cent.
Thoa said electricity production input costs had risen by 3.3 per cent since the last price rise in December last year. He said factors influencing the price rise included an exchange rate rise of 0.6 per cent, gas fuel price rises of 10.4 per cent, and a 40-per- cent rise for FO oil, while coal prices decreased by 0.3 per cent.
EVN’s production costs went up by more than 15 trillion dong (Bt22.37 billion) due to exchange-rate differences and other rising costs. – Viet Nam News
