Keyword: "retail electricity prices"

Notably, the draft introduces peak, off-peak and normal-hour retail electricity prices for household customers when technical conditions permit. It empowers the Minister of Industry and Trade to approve the wholesale electricity price framework.

Reductions in electricity prices from June to the end of this year to support customers to overcome the difficulties caused by the COVID-19 pandemic are estimated to total 1.57 trillion VND (67.74 million USD), according to Vietnam Electricity (EVN).