PM approves power bill cut for companies affected by COVID-19
The Prime Minister has approved the Ministry of Industry and Trade (MoIT)’s proposal to cut power bills for enterprises for three months in provinces and cities applying social distancing, according to a Government resolution issued on August 28.
A garment factory in Thai Binh province (Photo: VNA)
Hanoi (VNA)- The Prime Minister has approved the Ministry of Industry and Trade (MoIT)’s proposalto cut power bills for enterprises for three months in provinces and citiesapplying social distancing, according toa Government resolution issued on August 28.
A 10 percent reductionwill be applied to electricity prices for factories or production facilitiesmaintaining production in the provinces and centrally-run cities which areimplementing social distancing under Directive 16.
They includeenterprises processing and preserving seafood and vegetables, and enterprisesproducing export goods with an export turnover of over 1 billion USD in 2020.
The reduction will beapplied to power bills in September, October and November, the ministry said.
Vietnam Electricity(EVN) estimated that the total reduction for customers this time would be worth650 billion VND.
On June 2, theGovernment issued resolution No 55/NQ-CP to reduce electricity prices from Juneto the end of this year to support those heavily affected by the prolongedpandemic, including tourist accommodation facilities. The reduction wasestimated to be worth a total of 1.57 trillion VND.
Early this month, theGovernment also approved the reduction of power prices for August andSeptember for households in provinces and cities applying social distancing.The EVN estimated that the total reduction for customers would be worth 2.5trillion VND (106.4 million USD).
There were two similardiscounts offered last year. The first ran from April 16 to July 17, 2020and supported more than 27 million customers with the total reduction reachingaround 9.3 trillion VND.
The second was fromOctober to December 2020 with more than 25.4 million customersenjoying reductions worth 3 trillion VND./.
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A garment factory in Thai Binh province (Photo: VNA) 
