A National Assembly committee has put together a report on the adjustment mechanism of electricity prices in Vietnam finding that it is insufficient, according to The Investor. The article goes on to break down how electricity adjustments are made, however, the general gist is that it needs to be adjusted in line with costs rather than the limits imposed by law–essentially, the state power provider can increase prices by 3 to 5 percent but from 5 to 10 percent it must be approved by the Ministry of Industry and Trade, and above 10 percent must be approved by the Prime Minister.

It’s unclear how this may change after the report if it does change at all.

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