The Party, Government, ministries and agencies of Vietnam have high political resolve to realise the national action plan on fighting money laundering and terrorist financing for 2015-2020, Deputy Prime Minister Vuong Dinh Hue said on November 8.
A new resolution has been published to ensure uniform implementation of the regulations against money laundering.
The State Bank of Vietnam (SBV) is working to complete the legal corridor and build rational mechanisms to boost cashless payments, which helps prevent corruption, money laundering, and tax invasion.
The risk of money laundering in Vietnam is at “average high” level, and that of terrorist financing at “low” level, according to a recent report released by the State Bank of Vietnam (SBV).
Deputy Prime Minister Vuong Dinh Hue has signed a decision to promulgate an action plan to address money laundering and terrorism financing risks in the 2019-2020 period.
The 2015 penal code includes revised articles and supplements to fight money laundering, said Chief Justice of the Supreme People’s Court Nguyen Hoa Binh said at a workshop in the central city of Da Nang on July 9.
The High-Level People’s Court in Hanoi on August 17 began to hear the appeals of four defendants in a major corruption case at the Vinashin Ocean Shipping Company Ltd (Vinashinlines).
Money laundering mostly goes unpunished in Vietnam because cash is the main form of payment and relevant legislation is murky.
Singapore will intensify measures to fight money laundering and terrorism financing in response to the latest warnings of the Financial Action Task Force (FATF).
The Ministry of Public Security on June 24 proposed criminal charges against three former officials of a company affiliated to shipping giant Vinashin, and another man for misappropriating nearly US$16 million from 2006-08.
Visiting Minister of Public Security Tran Dai Quang held a number of talks with Australian ministers on September 15.
Vietnam and France have reached consensus on fighting various crimes and expand cooperation across fields of their needs.
Hi-tech crimes have become more common than ever today due to the boom of the internet, heard a conference on combating hi-tech crime in Hanoi on August 22.
(VOV) - Vietnam and Nepal will strengthen cooperation in combating crime, including trans-national, drug-related, terrorist and high tech crimes, as well as crimes involving money laundering, human trafficking, and e-commerce fraud.
(VOV) -The Vietnam-Thailand Joint Working Group (JWG) held its 6th meeting on politics and security in the central city of Danang on August 7.
(VOV) - The State Bank of Vietnam (SBV) and the Anti-money Laundering Office (AMLO) of Thailand have signed a memorandum of understanding on exchanging information about anti-money laundering.
(VOV) - Vietnam is taking measures against money laundering and the financing of terrorism, with a focus on completing a legal framework in line with international standards, said Deputy Prime Minister Vu Van Ninh.
A senior official of a bank in the southern province of Bac Lieu has given himself up to police after buying fake bank notes ‘worth’ US$23,900 and then, for fear of detection, throwing some of them away.
Vietnam and Cambodia have signed a memorandum of understanding (MoU) on the exchange of information in the fight against money laundering and terrorism financing.
Vietnam and Cambodia have signed a memorandum of understanding (MoU) on preventing money laundering and terrorism financing.