Vietnam cut average retail electricity prices 2% to VND 2,159.90 per kilowatt-hour, excluding value-added tax, effective November 1.

Financial_Express, citing Vietnam News, reports a 2% reduction in Vietnam’s average retail electricity price effective November 1. The new average is VND 2,159.90 per kilowatt-hour, excluding value-added tax.

The report describes the adjustment as the first reduction in 20 years. Its stated purpose is to ease household and business energy-cost burdens and support economic growth.

The quoted figure is an average retail electricity price, not a dedicated data-center or industrial tariff. The source supplies no customer-class schedule, time-of-use pricing, or facility-level savings calculation.