Singapore has announced its national asset recovery strategy (NARS), setting out a comprehensive approach towards the recovery of illicit funds and assets from criminals, and the forfeiture of these assists of their return to victims.

A delegation of the Vietnamese government, led by Inspector General of the Government Inspectorate (GI) Doan Hong Phong paid a working visit to Germany from July 1-3 to discuss with relevant agencies of the host country anti-corruption measures as well as bilateral and multilateral cooperation.

The Bank for Investment and Development of Vietnam (BIDV) will earmark at least 10 trillion VND (434.7 million USD) as loans for small- and medium-sized enterprises each year.

The Debt and Asset Trading Corporation (DATC) will increase its charter capital from current 2.48 trillion VND (113.8 million USD) to 6 trillion VND (273.2 million USD).