Content of the standard for reserve salt loss in Vietnam

On December 22, 2017, the Ministry of Finance of Vietnam issued Circular 135/2017/TT-BTC to regulate the content of the standard for reserve salt loss in Vietnam .

To be specific:

- Loss ratio during the warehousing process: No loss.

- Maximum loss ratio during the delivery process: 0.36% per instance.

- Loss ratio during the storage and preservation process as follows:

No. Preservation Duration Maximum Loss Ratio (%)
1 From 01 month to 06 months 3.5
2 From > 06 months to 12 months 6.3
3 From > 12 months to 18 months 7.8
4 From > 18 months to 24 months 8.8
5 From > 24 months to 30 months 9.7
6 From > 30 months to 36 months 10.4
7 From > 36 months to 48 months 11.0
8 From > 48 months to 60 months 11.4
9 From > 60 months to 72 months 11.6
10 From the 7th year onwards, each additional year of preservation increases the loss by 0.1%, but the maximum loss ratio for the entire storage and preservation process does not exceed 14%.

See more details in the Circular 135/2017/TT-BTC, effective from February 05, 2018.

-Thao Uyen-

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