How much is the price of lithium energy storage power supply in Vietnam

How much does electricity cost in Vietnam?

In May 2025, and Vietnam’s average electricity price per kWH was set at VND 2,204.07 or about US $0.084, excluding value-added tax (VAT), per Decision 599/QD-EVN. This was an increase from an average electricity price per kWH of VND 2,103.1159 or about US $0.0836, excluding value-added tax (VAT), per Decision 2699/QD-BCT, from October 2024.

Which country has the most policy driven battery storage market in Southeast Asia?

The Philippines has become the most policy driven battery storage market in Southeast Asia. Through Green Energy Auction Program (GEA) 4, the Department of Energy has integrated storage as a mandatory element of large-scale renewable tenders. This decision has created a multi gigawatt pipeline of projects that have a clear commercial path.

Will Southeast Asia's battery storage market hit USD 5 bn by 2030?

their businesses - and we can do the same for you. Southeast Asia’s battery storage market is set to hit USD 5 Bn by 2030, driven by policy, tech shifts, and energy demands in Vietnam, Philippines & Thailand.

Who manages the electricity market in Vietnam?

The Ministry of Industry and Transport is the government body in charge of managing Vietnam’s electricity market and supply. It does this through the wholly state-owned power company Electricity Vietnam commonly known as EVN. EVN generates some power, but also buys power from wholesalers, and sells electricity to consumers.