Vietnam’s national electricity prices have increased by an average of .% since

According to a report by the “Vietnam Economic Times” on March 6, the Vietnamese Prime Minister Nguyen Tan Dung unanimously discussed and approved the report of the Ministry of Industry and Trade on adjusting national electricity prices at the government executive meeting chaired by Vietnamese Prime Minister Nguyen Tan Dung on March 5, and decided to start from March 2015. Starting from the 16th, the national average electricity price was adjusted to 1,622.05 VND/kWh, an average increase of 7.5%.
According to reports, this nationwide adjustment of electricity prices was decided upon in response to a report request from Vietnam Electricity Group (EVN). According to the EVN report, if electricity prices are not raised in a timely manner, the group will suffer a loss of 12 trillion VND (approximately 12 trillion VND) in 2015. (equivalent to US$560 million), part of which is the 8 trillion VND (approximately US$374 million) lost due to exchange rate differences over the years; the increase in electricity prices is also to promote Vietnam’s GDP growth of 6.2% in 2015 and control the inflation rate below 5% goal needs.
According to the report, Nguyen Tan Dung requested the Vietnamese Ministry of Industry and Trade to disseminate the electricity price adjustment information to the general public, and at the same time actively take effective measures to complete the power production tasks set by the government, and control power loss below 8% in 2015 (8.49% in 2014). , labor productivity increased by more than 9%.