Businesses expect hardship with electricity price hikes

Businesses expect hardship with electricity price hikes

Manufacturers are under considerable pressure as they devise solutions to adapt to rising electricity prices this month.
Electric generation hikes to be dealt with

Electric generation hikes to be dealt with

The selling price of electricity lower than the production and distribution costs is creating unfairness for distributors and will affect energy security in the long term.
Inflation control under pressure from all directions

Inflation control under pressure from all directions

A rebound in domestic consumption and electricity price hikes may put the government’s efforts to control inflation under pressure this year, in addition to salary increases.
EVN proposes dynamic electricity pricing scheme

EVN proposes dynamic electricity pricing scheme

EVN has put forth a new electricity pricing strategy to the MoIT, emphasising quarterly price adjustments as a key feature.
MoIT drafts mechanism to adjust average retail power price

MoIT drafts mechanism to adjust average retail power price

The Ministry of Industry and Trade (MoIT) is drafting a Prime Minister's Decision on the mechanism for adjusting the average retail electricity price.
Government to probe power price hike

Government to probe power price hike

The Government Inspectorate yesterday announced a 35-day review of the controversial electricity price hike. 
PM Phuc demands review of electricity price increase

PM Phuc demands review of electricity price increase

PM Nguyen Xuan Phuc on Saturday has tasked leaders of the Ministry of Industry and Trade and the Electricity of Viet Nam (EVN) to review the decision on increasing power price and report to the Government chief.
Poor workers burdened with expensive power rates

Poor workers burdened with expensive power rates

Overwhelming heat since early May seemed to signal a harsh and long summer this year. While many seek to hide from the heat in comfortable rooms cooled with fans or air conditioners, many workers dare not use too much electricity for the privilege. They are poor, and paying more for power than they should.