VOV.VN - The police in the central province of Nghe An uncovered a large-scale financial crime operation on April 22 involving a transnational money laundering network and gambling via website "xxx88".

The investigation police agency of the Central Highlands province of Lam Dong on March 18 prosecuted 22 individuals in connection with a sophisticated money laundering operation that processed some VND2 trillion (US$78.3 million).

VOV.VN - Police operating in the Central Highland province of Lam Dong announced on March 13 that they had successfully busted a major transnational money laundering ring in Dat Lat City, arresting 23 suspects.

The State Securities Commission of Vietnam (SSC) and Monetary Authority of Singapore (MAS) on March 12 agreed to cooperate in safeguarding the integrity and stability of the countries’ capital markets, while fostering their connectivity.

VOV.VN - The police of central Dong Nai province, in coordination with the police of Hanoi and Da Nang, have successfully dismantled a transnational online gambling, money laundering, and fraud network, with total transactions exceeding VND2 trillion.

VOV.VN - Police in Thanh Hoa province have dismantled a large-scale investment fraud ring that operated an illegal stock trading platform, built a multi-level marketing network, and used social media platforms to swindle victims out of over VND200 billion nationwide.

VOV.VN - The Economic Police Department of Da Nang City Police announced on January 22 that they have busted the nation’s largest-ever transnational money laundering syndicate, arresting five suspects and seizing several exhibits.

Deputy Prime Minister Ho Duc Phoc on December 12 urged ministries and sectors to do their utmost to implement the Financial Action Task Force (FATF)’s 17 recommendations to lift Vietnam out of its list of Jurisdictions under Increased Monitoring (grey list) related to money laundering.

The newly established Department of Anti-Money Laundering will operate under the State Bank of Vietnam (SBV) from January 5 next year.

Vietnam’s property sector remains vulnerable to money laundering with the risks high in the sector, according to the latest report by the State Bank of Vietnam (SBV).