The average retail electricity price fell by 2% from 1 November 2026, the government news portal reported on 31 October. Electricity of Vietnam (EVN) announced the cut on Saturday. The new average price is VND2,159.9037 per kilowatt-hour, excluding value-added tax.
The stated purpose is to help stabilise the macroeconomy while ensuring social security for people and businesses. The report does not say who made the decision, and it does not list customer categories or tier-by-tier prices, so households should check their own bills for the effect. It contains no direct quotes from officials, and says the move is meant "to contribute to stabilizing macroeconomy while ensuring social security for people and businesses".
The cut follows reductions in fuel prices this week. Danang Voice has reported separately on the petrol and diesel price cut of 3 November.
Sources
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