About Average residential ESS price per 30kWh in Vietnam
Vietnam’s latest retail electricity pricing framework introduces an average rate ranging from VND 1,826.22 to VND 2,444.09 per kilowatt-hour (roughly up to USD 0.10 per kWh).
Vietnam’s latest retail electricity pricing framework introduces an average rate ranging from VND 1,826.22 to VND 2,444.09 per kilowatt-hour (roughly up to USD 0.10 per kWh).
Vietnam’s latest retail electricity pricing framework introduces an average rate ranging from VND 1,826.22 to VND 2,444.09 per kilowatt-hour (roughly up to USD 0.10 per kWh). The new cap provides more structure and transparency for households and businesses while ensuring the energy market can.
As of 2023, the average electricity price in Vietnam is approximately 1,900 VND per kWh, a figure that reflects ongoing adjustments in the energy market. The state-owned utility company, Electricity of Vietnam (EVN), primarily sets these tariffs. The costs can vary based on several factors.
In May 2025, and Vietnam’s average electricity price per kWH was set at VND 2,204.07 or about US $0.084, excluding value-added tax (VAT), per Decision 599/QD-EVN. This was an increase from an average electricity price per kWH of VND 2,103.1159 or about US $0.0836, excluding value-added tax (VAT).
The residential electricity price in Vietnam is VND 1,956.000 per kWh or USD 0.074. The electricity price for businesses is VND 1,993.200 kWh or USD 0.076. These retail prices were collected in December 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
State utility Vietnam Electricity (EVN) on Friday increased the average retail price by 4.8% to VND2,103.1 (8.5 U.S. cents) per kWh, not including value-added tax (VAT), with immediate effect. In a statement on the same day, EVN said the move complies with regulations introduced by the Prime.
On 3 February 2023, the Vietnam Prime Minister announced a new price bracket of average electricity retail price in Decision No. 02/2023/QD-TTg (“ Decision 02 ”), which replaces Decision No. 34/2017/QD-TTg dated 25 July 2017 on the same matter. Decision 02 came into force on its issuance.
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6 FAQs about [Average residential ESS price per 30kWh in Vietnam]
How much does electricity cost in Vietnam?
Vietnam’s latest retail electricity pricing framework introduces an average rate ranging from VND 1,826.22 to VND 2,444.09 per kilowatt-hour (roughly up to USD 0.10 per kWh).
How much does a kWh cost in Hanoi?
(Photo: VNA) Hanoi (VNS/VNA) - The bracket of average electricityretail prices has been increased to 1,826.22 VND (0.078 USD) per kWh for thefloor price and 2,444.09 VND (0.1 USD) for the ceiling price, according to thePrime Minister’s Decision No 02/2023/QĐ-TTg dated on February 3.
How much does electricity cost in India?
Under the new pricing framework issued by the Ministry of Industry and Trade on May 9, electricity prices vary significantly across user categories. For households, residential electricity is divided into six pricing tiers. The lowest tier is VND 1,984/kWh, while the sixth and highest tier is VND 3,460/kWh.
How much did power shortages cost Vietnam in 2023?
In 2023, power shortages were estimated to have cost Vietnam’s economy an estimated US$1.4 billion. This was attributed to water shortages for hydropower and a lack of a sufficient supply of coal, however, underinvestment in power infrastructure also played a role.
What does the new energy framework mean for Vietnam?
This new framework marks a pivotal point in Vietnam’s energy evolution. It challenges consumers to think beyond cost and toward long-term sustainability, and it signals that national energy strategy is becoming more responsive, equitable, and forward-looking. Save my name, email, and website in this browser for the next time I comment.
How much will EVN increase power prices?
Photo courtesy of EVN. EVN can itself determine an increase of the average retail price by between 3% and below 5%, subject to post-check by the trade ministry and the Ministry of Finance. The sole power distributor needs approval from the trade ministry and the prime minister for a hike of 5%-below 10% and 10% or more, respectively.