4 articles
Vietnam’s Ministry of Industry and Trade said at the National Energy Security Forum on November 10 that the country maintained electricity and petroleum product supplies in 2026 despite transport disruptions, extreme heat and reduced hydropower output. A national energy security report expects greater pressure on power supply in 2027 and 2028.
Vietnam’s Ministry of Finance and State Bank both forecast average inflation of 4.5%–4.7% in 2026. The consumer price index rose 4.57% year on year in the first 10 months. The government has called for close monitoring of energy and essential goods prices at year-end and for electricity price cuts and gasoline tax reductions to be reflected in the prices of goods and services.
Deputy Prime Minister Nguyễn Văn Thắng has directed Vietnam’s Ministry of Construction to check transport fare declarations and published prices, and to require appropriate fare reductions when fuel costs fall. Authorities will also monitor how gasoline tax and electricity price cuts affect prices and address pressure on prices toward year-end.
On November 9, Vietnamese Deputy Prime Minister Nguyễn Văn Thắng called for stable prices of state-managed goods and services through the end of 2026, close monitoring of year-end supply and demand, and action against hoarding. Vietnam’s average consumer price index rose 4.57% year on year in the first 10 months; the Ministry of Finance forecasts a full-year increase of 4.5%–4.7%.
