Vietnam Electricity (EVN) said on November 6, 2026 that electricity for EV charging stations connected at medium voltage is now billed at VND2,549 per kWh during normal hours, excluding VAT, with the rates effective from November 1. The separate tariff, with different rates by voltage level and time of day, sets the electricity cost basis for charging operators in Vietnam as national power generation grows close to 10 percent year on year.
Key Facts At A Glance
- Medium-voltage (1 to 35 kV) EV charging rates are VND2,549 per kWh in normal hours, VND1,534 off-peak, and VND3,758 at peak, excluding VAT.
- Low-voltage (up to 1 kV) EV charging rates are VND2,700 per kWh in normal hours, VND1,620 off-peak, and VND4,212 at peak.
- The rates took effect on November 1, 2026, and EVN announced them on November 6.
- In every time band, EV charging rates sit above manufacturing rates and below rates for other businesses.
- Peak hours run from 17:30 to 22:30, Monday to Saturday. Off-peak runs from midnight to 6:00 daily, and Sundays have no peak hours.
- Vietnam’s average retail electricity price fell 2 percent to VND2,159.90 per kWh from November 1.
- National generation reached 297.4 billion kWh in the first ten months of 2026, up 9.8 percent year on year.
Vietnam Electricity (EVN) said in a statement on November 6, 2026 that electricity used at EV charging stations connected at medium voltage is billed at VND2,549 (about US$0.097) per kWh. The price excludes VAT and took effect on November 1. Publicly available reporting on the decision comes mainly from one report of EVN’s statement. The statement’s full text, its legal reference number, and any projections of charging demand were not available in the sources reviewed, so details remain limited.
Rates By Voltage And Time Of Day
The tariff sets separate prices for each voltage level and time band. For medium-voltage connections of 1 to 35 kV, charging costs VND1,534 per kWh off-peak and VND3,758 per kWh at peak. For low-voltage connections up to 1 kV, charging costs VND2,700 per kWh in normal hours, VND1,620 off-peak, and VND4,212 at peak.
Peak hours run from 17:30 to 22:30 from Monday to Saturday. Off-peak hours run from midnight to 6:00 every day, and Sundays have no peak period.
The EV rate falls between existing customer categories. It is above the manufacturing rate, below the rate for other businesses, and higher than the household rate. In normal hours, the medium-voltage EV price is about 40 percent above manufacturing and about 10 percent below other businesses. The gap narrows off-peak, to about 32 percent above manufacturing and 3 percent below other businesses. At peak, it is about 12 percent above manufacturing and 24 percent below other businesses. At low voltage, EV prices are also above manufacturing and below other businesses in every band.
Broader Pricing And System Context
The EV charging rates took effect on the same date as a cut to the national average tariff. EVN said on October 31 that Vietnam would cut its average retail electricity price by 2 percent to VND2,159.90 per kWh, excluding VAT, from November 1, to ease energy costs for households and businesses. EVN estimates the reduction will lower total electricity costs across all customer groups by VND1.5 trillion a month. The residential tariff structure was also reduced from six tiers to five. The Ministry of Industry and Trade adjusted the peak, normal, and off-peak timeframes under Decision No. 963/QD-BCT, dated April 22, 2026. The three-period pricing applies to eligible manufacturing and commercial customers and does not yet cover residential households.
The tariff comes as system output keeps rising. In the first ten months of 2026, the national power system produced 297.4 billion kWh, up 9.8 percent year on year. Coal-fired plants supplied 147.78 billion kWh, or 49.7 percent, and hydropower supplied 73.39 billion kWh, or 24.7 percent. Renewables supplied 40.72 billion kWh, or 13.7 percent, including 24.04 billion kWh of solar and 15.37 billion kWh of wind. Gas turbines supplied 23.28 billion kWh, or 7.8 percent, and imports 11.77 billion kWh, or 4 percent.
EVN has not publicly detailed how the new tariff will be applied to existing charging operators or how much electricity EV charging currently consumes.