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Vietnam Increases Electricity Prices by 8.36% from March 20, 2019

On March 20, 2019 Ministry of Industry and Trade (MoIT) of Vietnam announced the decision to increase the retail price of electricity by VND144/kWh, or 8.36%. The new average retail price will be VND1864.44/KWH (exclusive of VAT), adjusted from VND1720.65/kWh. This is the first time for Vietnam to increase retail prices after staying unchanged for more than two years.