Vietnam Electricity Corporation was established by decision No. 562/QD-TTg dated October 10, 1994 by the Prime Minister on the basis of the reorganization of the units of the Ministry of Energy; being organized and operated under the Charter attached to Decree No. 14/CP dated Jan 27, 1995 of the Government. On June 22,  2006, the Prime Minister of the Government issued the decision No. 147/QD-TTg approving the pilot scheme to establish the Vietnam Electricity Group and the decision No 2006/148/QD-TTg on the establishment of the parent company-Vietnam Electricity Group.

On June 25, 2010, the Prime Minister issued the decision No. 975/QD-TTg regarding the change of the mother company-Vietnam Electricity Group into the one member limited liability company owned by the State.

On December 06,  2013, the Prime Minister issued the Decree No. 205/2013/ND-CP regarding the Charter of organization and operation of the Vietnam Electricity (Decree was effective from Feb 3, 2014)