National reserves to reach 1.5 pct of GDP by 2020

Under the strategy, Vietnam’s national reserves are expected at 0.8-1 percent of GDP by 2015. Key commodities are related to socio-economic security, natural disaster adaptation and rescue work, national security and defence, and epidemic prevention and control.

By 2015, Vietnam will have about 500,000 tonnes of rice, 500,000 cubic metre of petrol, and 700,000 tonnes of crude oil in store. The level of national reserves will be adjusted depending on the real situations in the following years.

The strategy emphasizes the need to apply modern preservation technology to ensure the quality and quantity of reserved goods and protect the environment.