VietNamNet Bridge – Vietnamese enterprises are staggering, but the Electricity of Vietnam
is following up with another blow: the electricity price would be raised by 7
percent in the time to come.
EVN keeps rising electricity, businesses keep
complaining
Le Ba Lich, Chair of the Vietnam Livestock Feed
Association, said the enterprises in the industry are “half dead”. A lot of
small and medium enterprises have got bankrupt because of the high input
material prices.
And they would be dealt another blow when the
electricity price increases from July 1.
A senior executive of the Cuu Long Seafood
Import-Export Company said seafood companies would be the biggest sufferer from
the electricity price increase, because the companies consume much electricity
for keeping seafood products frozen.
An official of the Vietnam Association of Seafood
Exporters and Producers (VASEP) has confirmed that seafood companies have been
meeting big difficulties since 2012. If the input costs continue increasing,
many of them would go bankrupt.
Steel manufacturers have been screaming more loudly
than other enterprises, because they have to bear the higher electricity
prices. Pham Chi Cuong, Chair of the Vietnam Steel Association, has heavily
criticized the EVN’s policy on discriminatory treatment.
According to Cuong, the ingot steel manufacturers are
the biggest electricity consumers, about 6 percent of the production costs.
Meanwhile, the other manufacturers only consume 120 kwh for every ton of
products, or 1 percent of the production costs.
He has warned that once steel manufacturers have to bear
higher electricity prices, their products would be more expensive, which would
badly affect the other industries and the whole national economy.
It is most visible that once building material
manufacturers suffer the high electricity price, they would be pushed against
the wall. If so, thousands of workers in the enterprises would become
redundant, which would be a heavy burden on the society.
A senior executive of Visan said Vietnamese
enterprises would get exhausted if the power price rises by 2-7 percent. The
enterprise which has to pay VND1.5 billion a month for the electricity bill,
would have to pay VND90 million more a month, if the electricity price
increases by 5 percent.
“How can enterprises arrange money to pay for the
electricity bills, if their products have been left unsold?” he questioned.
Bank loan interest rates down, but electricity price
up
Le Dang Doanh, a well-known economist, said he cannot
understand why the Ministry of Industry and Trade insists on the power price
increase at this moment, when big difficulties are encircling enterprises from
all sides.
In an effort to rescue businesses, the government has
decided to reduce tax and delay tax payment to ease the burden on the
businesses. Meanwhile, the move of raising the electricity price would push the
business to the death.
Pham Chi Lan, also a well-known economist, has called
on government agencies to reconsider the electricity price adjustment roadmap,
saying that EVN and the industry ministry should choose the reasonable time for
the price increase.
The 5-7 percent electricity price increase is believed
to have the impacts on the CPI by less than 1 percent. However, 1 percent, in
such circumstances, would be enough to cause shocks to the national economy.
Tran
Thuy
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