The Law on National Reserves (amended) supplements regulations on strategic reserves.

The draft Law on National Reserves (amended) was approved by the Government, adding a chapter on strategic reserves and expanding the goals of economic management and ensuring social security.

The Government issued Resolution No. 343/NQ-CP dated October 22, 2025 approving the content of the draft Law on National Reserves (amended) at the request of the Ministry of Finance .

The Government requests the Ministry of Finance to be responsible for the contents of the draft Law, the contents of the report on acceptance and explanation of opinions of Government members.

The Ministry of Finance reviews and completes the draft Law according to regulations. On that basis, the Minister of Finance is assigned to be authorized by the Prime Minister, on behalf of the Government, to sign reports and documents sent to the National Assembly and the National Assembly Standing Committee to ensure quality and progress as required; proactively report and explain to the National Assembly and its agencies according to regulations and be responsible for the content received and explained; promptly report to the Prime Minister on arising contents beyond his authority.

According to the Ministry of Finance, the development of the Law on National Reserves (amended) aims to institutionalize the Party and State's guidelines, policies and strategies on national reserves, meeting management and operation requirements in the new situation; ensuring the unity and synchronization of the legal system, removing obstacles, creating favorable conditions for national reserve activities, contributing to stabilizing the macro-economy and serving social security; inheriting and promoting current regulations that have been proven in practice, and at the same time supplementing new, clear and transparent regulations.

The draft Law on National Reserves (amended) has been reduced from 6 chapters and 35 articles to 6 chapters and 31 articles, in which expanding the scope of regulation and objectives is one of the most important amendments, demonstrating a change in strategic thinking regarding national reserves.

If the current Law only focuses on urgent and sudden tasks (prevention and control of natural disasters, catastrophes, epidemics, famine relief; serving national defense and security), the Draft Law has clearly added that the goal of national reserves is also to ensure social security and socio-economic development.

This expansion allows the State to use national reserves more flexibly, not only in emergency situations but also to regulate the market, stabilize the macro-economy and implement socio-economic development policies, especially in disadvantaged areas and ethnic minority areas.

The draft has added a completely new chapter, regulating “Strategic Reserves”, to strengthen national capacity to deal with unusual situations.

Strategic reserves are defined as a tool to manage, exploit, mobilize and effectively use economic resources, to ensure the economy operates stably and effectively according to market rules and socialist orientation.

This increases reserves of essential goods, materials, equipment, and resources serving strategic goals and national interests, meeting defense requirements and national interests in all situations.

The draft law promotes decentralization, delegation, and simplification of administrative management processes. The draft has been revised, assigning the Government to specify the list of national reserve goods.

Instead of having to wait for the National Assembly Standing Committee to make adjustments as is currently the case, this decentralization helps the Government proactively and flexibly adjust the list of goods in a timely manner, meeting the requirements of the new situation.

Clearly define the responsibilities of the Ministry of Finance and ministries and branches managing national reserve goods in promulgating Technical Standards and Regulations on national reserve goods.

Regarding the organizational structure, the Draft implements thorough decentralization and delegation by not stipulating the tasks and powers of the National Assembly, the National Assembly Standing Committee, and the Prime Minister in the Draft Law, but assigning them to agencies and units specified in other legal documents, ensuring consistency in the political system.../.

(Vietnam+)

Source: https://www.vietnamplus.vn/luat-du-tru-quoc-gia-sua-doi-bo-sung-quy-dinh-ve-du-tru-chien-luoc-post1072236.vnp