6 October 2021
On 28 August 2021, the Government issued Resolution No. 97/NQ-CP on the plan to support electricity bill reduction and electricity price reduction (phase 5) for electricity users. The contents are as follows:
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Agreeing on a plan to support electricity bill reduction and electricity price reduction (phase 5) for electricity users who are affected by the Covid-19 epidemic as proposed by the Ministry of Industry and Trade according to Letter No. 523/BC-BCT dated 23 August 2021.
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The subjects eligible for support must meet the following conditions:
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Electricity customers: are factories or production facilities located in cities and provinces during the time of 25 August 2021, which are implementing social distancing under Directive No.16/CT-TTg and maintaining production in the following fields: (i) Enterprises processing and preserving seafood and aquatic products; (ii) Enterprises processing and preserving vegetables; (iii) Enterprises producing export goods with an export turnover of more than 1 billion USD in 2020.
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Buying electricity directly from the Electricity Corporation/Electricity Company under the Vietnam Electricity or other electricity retailers.
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The rate of support: 10% discount (before VAT) on electricity bills for the above customers.
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The period of support to reduce electricity bills for electricity users is 03 months from the electricity bill period in September to the end of the electricity bill period in November 2021.
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The Government assigned the Ministry of Industry and Trade to take responsibility and coordinate with relevant agencies to implement the above plan.
For further information, please contact:
