Vietnam: Reporting by rice exporters

Reports on rice export contracts and unhusked and husked rice inventories

- On the 20th of every month, each exporter shall submit a report to the Ministry of Industry and Trade on the conclusion and performance of rice export contracts.

- On Thursday weekly, each exporter shall submit a report to the Ministry of Industry and Trade on his/her actual husked and unhusked rice inventories sorted by type for data consolidation.

- Report files shall be electronically sent to the Ministry of Industry and Trade (via the Import-Export Department) via email: phongnlts@moit.gov.vn. In case of failure to send electronic files because of technical errors, reports may be sent to the Ministry of Industry and Trade (via the Import-Export Department) via fax number: 024.22205520.

Quarterly, annual and ad hoc reports

- Rice exporters shall prepare quarterly and annual reports.

- Quarterly reports shall be submitted to the Ministry of Industry and Trade by the 20th of the first month of the following quarter. Annual reports shall be submitted to the Ministry of Industry and Trade by January 20 of the following year.

- Rice exporters are required to submit ad hoc reports at the request of the Ministry of Industry and Trade on the export market, the rice production, husked and unhusked rice prices, their business operations and other requested contents for serving the purposes of rice export management.

More details can be found in Circular No. 30/2018/TT-BTC of the Ministry of Finance of Vietnam, which takes effect from November 15, 2018.

- Thanh Lam -

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