Vietnam will charge VND2,549 ($0.097) per kWh for electricity used at EV charging stations connected at medium voltage, state utility Vietnam Electricity (EVN) said in a statement last Friday.

The price, excluding VAT, sits above the rate for manufacturing activities and below the rate for other businesses. It is also higher than the rate for household usage. The prices became effective on November 1.

The decision sets separate prices for each voltage level and time of day. At medium voltage (at 1-35 kV), per kWh charging costs VND1,534 off-peak and VND3,758 at peak.

At normal hours, the EV price is about 40 percent above manufacturing and about 10 percent below other businesses. The gap narrows off-peak, at about 32 percent above manufacturing and 3 percent below other business, and at peak, at about 12 percent above manufacturing and 24 percent below other business.

At low voltage, up to 1 kV, EV charging costs VND2,700 ($0.103) in normal hours, VND1,620 off-peak, and VND4,212 at peak. Similarly, the EV prices are above manufacturing and below other businesses in every band.

Peak hours run from 17:30 to 22:30 from Monday to Saturday, and off-peak hours run from midnight to 6:00 every day. Sunday has no peak hours.

For the first ten months of 2026, Vietnam’s national power system produced 297.4 billion kWh, up 9.8 percent from a year earlier. Coal-fired plants supplied the largest share at 147.78 billion kWh, or 49.7 percent of the total, followed by hydropower at 73.39 billion kWh, or 24.7 percent. Renewable sources supplied 40.72 billion kWh, or 13.7 percent, with solar power at 24.04 billion kWh and wind power at 15.37 billion kWh. Gas turbines supplied 23.28 billion kWh, or 7.8 percent, and imports supplied 11.77 billion kWh, or 4 percent.

Vietnam to require public EV charging stations to support compatible vehicles from July 2027