Electricity Law
One person can represent many households to sign electricity purchase contracts
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If the electricity buyer consists of many households using electricity together and entering into a contract, the contracting entity of the electricity buyer is the representative of the households using electricity together.
New decree related to electricity trading
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Decree No. 18/2025/ND-CP requires the seller to ensure the accuracy of the recorded electricity meter.
Eliminate cross-subsidy, bring electricity prices according to market mechanism
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The Electricity Law (amended) has just been passed by the National Assembly, with notable new points stating that electricity prices will be implemented according to market mechanisms.
Cross-subsidy of electricity prices between customers and regions is about to be eliminated
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The Electricity Law (amended) stipulates reform of the electricity price mechanism, gradually reducing and eventually eliminating cross-subsidies between customer groups and between regions.
What is the "fate" of wind power when the Electricity Law is passed?
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According to experts, Vietnam's amendment of the Electricity Law is very important to promote investment in renewable energy, including wind power and solar power.
Electricity prices should be adjusted transparently and supervised
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National Assembly deputies said that decisions to adjust electricity prices should be transparent and subject to supervision by state management agencies.
Require full disclosure of electricity price structure
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Discussing the Electricity Law Project (amended), National Assembly delegates proposed adding a provision requiring the entire electricity price structure to be made public to the people.
Supply control and licensing will push up electricity prices
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National Assembly delegates said that when the demand for electricity increases but tightening and controlling supply, many licenses will push up electricity prices.
Electricity prices must be suitable for people's payment level
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The Prime Minister requested that electricity prices be regulated according to a suitable roadmap, not "jerky", in accordance with the socio-economic situation and people's payment level.
Proposal for State monopoly on investment in nuclear power plants
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According to the draft revised Electricity Law, the Government proposes that the State has a monopoly in investing in the construction of nuclear power plant projects.