HANOI : Vietnam's state utility EVN will make losses of 64.9 trillion dong ($2.75 billion) this year if its retail electricity prices are kept unchanged, the government said on Wednesday. This will raise the combined losses that the country's dominant electricity retailer made last year and this year to 9
HANOI : Vietnam's state utility EVN will make losses of 64.9 trillion dong this year if its retail electricity prices are kept unchanged, the government said on Wednesday.
The Southeast Asian country has sought to raise retail electricity prices to encourage investment in the power generation sector, but has also faced pressure to keep inflation under control.
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