Regulations on rice bagging loss rates under low-pressure storage conditions in Vietnam

08:27, 11/07/2024

On October 15, 2015, the Ministry of Finance promulgated Circular 161/2015/TT-BTC regulating the cost norms for preservation and the loss norms for national reserve goods directly managed by the General Department of State Reserves of Vietnam.

Allowable loss rates for bagged rice stored under low-pressure conditions for 04 Regional State Reserves including: Ho Chi Minh City, Cuu Long, Southwestern, and Southeastern regions are as follows:

No.	Storage Duration	Rate (%)
1	From 01 month to 03 months	1.2
2	From > 03 months to 06 months	1.4
3	From > 06 months to 09 months	1.6
4	From > 09 months to 12 months	1.8
5	From > 12 months to 18 months	2.1
6	Over 18 months: add per month	0.03

Details can be found in Circular 161/2015/TT-BTC which takes effect from December 01, 2015.

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