The National Assembly passed the Law on National Reserves (amended).

On the morning of December 11th, under the chairmanship of National Assembly Chairman Tran Thanh Man and the direction of National Assembly Vice Chairman Nguyen Duc Hai, the National Assembly passed the Law on National Reserves (amended) with 436 out of 436 attending National Assembly deputies voting in favor, achieving 100%.

Deputy Speaker of the National Assembly Nguyen Duc Hai presides over the session. Photo: Pham Thang

The law stipulates that national reserves and strategic reserves must be managed strictly, safely, and confidentially in accordance with the law on protecting state secrets; preventing loss and waste; and proactively and promptly meeting the objectives and requirements of national reserves.

Regarding the State's policy on national reserves, the Law stipulates that the State prioritizes investment, research, and development of science , technology, innovation, and digital transformation in the field of national reserves to modernize national reserve operations.

The law also completes and revises regulations on strategic reserves for natural resources, important minerals, and digital resources. Specifically, strategic reserve goods, as defined in Clause 3, Article 3, include materials, equipment, goods; resources; strategic and important minerals; national energy; and high-tech products managed by the State. Furthermore, Article 7 of the law stipulates criteria for strategic reserve goods and assigns the Government the authority to provide detailed regulations.

The National Assembly votes to pass the amended Law on National Reserves. Photo: Pham Thang

The law stipulates that units, organizations, and enterprises participating in strategic reserves are entitled to tax incentives, credit, and other preferential policies as prescribed by the Government in each period; ensuring the legitimate rights and interests of the State and all participants in strategic reserves.

The law stipulates that the purchase and sale of strategic reserves using state budget and non-state budget sources shall be carried out through agreements, voluntary contracts as prescribed by the Government and other relevant laws; the purchase and sale of strategic reserves from the legal sources of units, organizations, and enterprises shall be carried out by the units, organizations, and enterprises themselves, with the State providing support for management, preservation, and other support as prescribed by the Government.

The law will come into effect on July 1, 2026.

Source: https://daibieunhandan.vn/quoc-hoi-thong-qua-luat-du-tru-quoc-gia-sua-doi-10400105.html