Regulations on retail price of electricity for business in Vietnam

Regulations on retail price for production in Vietnam

Pursuant to the provisions of Article 7 of Circular 16/2014/TT-BCT, retail price for production in Vietnam shall be applied to buyers who use electricity for production in the following industries:

- Industry

- Construction; transport; mining; forestry; aquatic and seafood production

- Agriculture: cultivation, irrigation, cattle-breeding, aquatic and seafood production, preservative and anti-epidemic drug production.

- Production of clean water for domestic, production and business purposes.

- Production management offices situated in the area shared with the production area.

- Stores for commodities (raw materials, finished products, semi-finished products) that are in production process and locations are in proximity to production area.

- Enterprises producing and supplying public products and services except public lighting activities.

- Drainage pumping, waterlogging fighting pump in cities, communes; wastewater treatment station.

- Operators, transmission network, receiver & transmitter stations that belong to telecommunication companies or broadcasting companies.

- Facilities in textile, breeding, poultry egg hatching, husking, ice production, welding, sawing, woodwork, rice drying, and agricultural product preservation.

- Printing activities related to processing and manufacturing industries; printing activities of media agencies and publishing houses.

- Industrial sewing, embroidering, laundry, food processing, agricultural, forestry and sea food production.

- Mechanical product manufacturing; gold, silver, and gemstones production; software, negative proof and packages production.

- Sterilization irradiation

- Other production activities

Regulations on retail price of electricity for business in Vietnam (Internet image)

Regulations on retail price of electricity for business in Vietnam 

Pursuant to the provisions of Article 8 of Circular 16/2014/TT-BCT, retail price is applied to buyers who use electricity for business and service purposes including:

- Shops, service establishments, supermarkets, trade fairs, wholesale & retail trade establishments.

- Currency and stock trading establishments, commercial banks, saving funds, financial and securities companies

- Business operation establishments of media, telecommunication and broadcasting companies; communications and postal services providers (except universal and compulsory postal services).

- Lottery companies

- Insurance organizations (except social and medical insurance)

- Tourist facilities, photography shops, dance halls, massage parlors and karaoke bars

- Food and beverage shops, beauty salons, laundry, clothing and bike repair services.

- Advertising activities of production, business and service establishments.

- Motor vehicle, transport vehicles, consumer products and household appliances repair and renovation facilities.

- Hotels, guest-houses by organizations and individuals; houses for hire for non-domestic purposes with electricity purchase agreements signed by owners;

- Booking offices, commodity delivery station, lounges (including halls) in airports, train stations, bus stops and wharves.

- Tollbooths, vehicle parking zones.

- Commodity storage areas during circulation.

- Offices, head offices of economic groups, corporations and companies except electricity users as defined in Clause 5, Article 7 hereof.

- Representative offices of business organizations, customer service centers; consulting companies and notary offices;

- Business departments of organizations that operate in such areas as culture, art, sports, houses of culture and information, sports stadiums, museums and exhibition hall;

- Sports business establishments

- Theaters, performance organizer companies; movies companies and cinemas; circuses;

Mai Thanh Loi

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