# Vietnam's power tariff changes to cut bills for most households

> Vietnam's government to implement new 5-tier electricity pricing immediately, lowering bills for 94% of households.
- Title: Vietnam's power tariff changes to cut bills for most…
- Summary: Vietnam's government to implement new 5-tier electricity pricing immediately, lowering bills for 94% of households. Vietnam's Ministry of Industry and Trade…
- Keywords: vietnam, ministry of industry and trade, 5-tier power tariff, peak off-peak hours, electricity bills, residential electricity, electric vehicle charging, tourist accommodation, iron and steel production, dragon fruit farming, finance, markets
- Source: BigGo Finance — https://finance.biggo.com/news/055f01a8-18c3-496f-a25f-192b7e6f179a
- Author: BigGo Finance
- Published: 2026-10-21T18:28:10+00:00
- Read time: 1 min
- Topics: vietnam, ministry of industry and trade, 5-tier power tariff, peak off-peak hours, electricity bills, residential electricity, electric vehicle charging, tourist accommodation, iron and steel production, dragon fruit farming, finance, markets
## New power tariff proposal
Vietnam's Ministry of Industry and Trade seeks immediate rollout of 5-tier residential retail electricity tariff and new peak/off-peak hours.
## Average price unchanged
Average retail electricity price stays at 2,204.0655 dong/kWh.
## Household impact
94% of households using 777 kWh/month or less will see lower bills, with largest reduction around 400 kWh/month.
## High consumption households
Households averaging 1,182 kWh/month will pay about 190,000 dong more per month.
## Business sector impact
Iron and steel production faces less than 9% increase, dragon fruit farming less than 6% increase.
## Electric vehicle and tourism
Electric vehicle charging and tourist accommodation facilities see about 3% increase, but could see lower costs with new tariff.
## Implementation timeline
New tariff takes effect immediately upon signing, not waiting for next average-price adjustment cycle.
## Key takeaway

Vietnam's Ministry of Industry and Trade will roll out a 5-tier residential power tariff and new peak/off-peak hours starting immediately, keeping average prices unchanged while reducing bills for 94% of households.