Content of economic - technical norms for preservation of national reserve goods in Vietnam from May 10, 2024

Content of economic - technical norms for preservation of national reserve goods in Vietnam from May 10, 2024

The economic-technical standards for the storage of national reserve goods directly managed by the General Department of National Reserves include appendices (from Appendix I to Appendix XLIII) issued together with Circular 19/2024/TT-BTC.

Additionally, Circular 19/2024/TT-BTC stipulates the standards for the loss of national reserve paddy and rice in Vietnam as follows:

- Standards for loss of sealed rice storage (supplemented with nitrogen, low pressure):

+ Storage period of less than 12 months: 0.050%.

+ Storage period from 12 to 18 months: 0.058%.

+ Storage period over 18 months: 0.066%.

- Standards for loss of bulk paddy storage and bagged paddy storage under low pressure conditions as follows:

+ From 01 month to 03 months: 0.3%.

+ From > 03 months to 06 months: 0.5%.

+ From > 06 months to 09 months: 0.7%.

+ From > 09 months to 12 months: 0.9%.

+ From > 12 months to 18 months: 1.1%.

+ From > 18 months to 24 months: 1.3%.

+ From > 24 months to 30 months: 1.4%.

+ Over 30 months: additional per month: 0.015%.

- Standards for loss of bulk paddy storage and bagged paddy storage sealed with nitrogen supplementation maintaining a concentration ≥ 98% as follows:

+ From 01 month to 03 months: 0.3%.

+ From > 03 months to 06 months: 0.5%.

+ From > 06 months to 09 months: 0.6%.

+ From > 09 months to 12 months: 0.7%.

+ From > 12 months to 18 months: 0.8%.

+ From > 18 months to 24 months: 0.9%.

+ From > 24 months to 30 months: 1.0%.

+ Over 30 months: additional per month: 0.015%.

More details can be found in Circular 19/2024/TT-BTC which comes into effect in Vietnam from May 10, 2024.

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