Decision No. 2699/QD-BCT issued by the Ministry of Industry and Trade (MOIT) regulate on electricity price

This Decision issued on October 11, 2024, outlines electricity pricing for retail and wholesale customers.

09/02/2025

Decision No. 2699/QD-BCT issued by the Ministry of Industry and Trade (MOIT) regulate on electricity price

The key points include:

(i) The average retail electricity price is set at 2,103.1159 VND/kWh (excluding VAT).

(ii) Effective Date: The new pricing structure is effective from October 11, 2024.

(iii) Customer Groups: Specific electricity prices for different customer categories are detailed in the annex accompanying the decision.

(iv) Prices listed in the annex do not include value-added tax (VAT).

This decision is part of a regulatory framework to adjust retail electricity prices and aligns with previous government decrees and regulations.

----------

For more information, please contact:

Hoang Pham (James) / Managing Partner at: hoang.pham@vselawyers.com

© 2023 VSE LAWYERS LIMITED LIABILITY LAW COMPANY – All rights reserved.

Attention: This legal update is not an advice and should not be treated as such.


Subscribe To Legal Advice from VSE Lawyers

If you would like to have any legal questions, please contact us for our advice

0938 683 594