Vietnam electricity prices
The residential electricity price in Vietnam is
VND 1,866.000 per kWh or USD 0.074.
The electricity price for businesses is
VND 1,901.900 kWh or
USD 0.075.
These retail prices were collected in June 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Vietnam with 150 other countries.
Historical quarterly data, along with the latest update from December 2024 are available for download.
Sources: Vietnam Electricity (EVN)
Electricity price analysis for Vietnam
- Residential electricity prices in Vietnam are 48.67% of the world average electricity price and 87.73% of the average price in Asia.
- Business electricity rates in Vietnam are 50.38% of the world average price and 69.21% of the average in Asia.
- Household rates are 98.11% of the business rates.
- Electricity prices paid by small businesses in Vietnam are 104.63% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 66.18% of the price paid by households with high electricity consumption.
The energy mix of Vietnam
Based on the United States Energy Information Adminstration data from 2022, electricity in Vietnam is produced from the following sources: fossil fuels 57.41%,
wind 1.36%,
solar 11.34%,
hydro 29.89%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of Vietnam to other countries.
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