Ngu🀅yen Hoa Binh, Secretary of the Party Central Committee and Chief Justice of the Vietnam Supreme People's Court, speaks about the new resolution. (Source:cafe.vn)
Hanoi (VNA) - A new resolution has beenpublished to ensure uniform implementation of the regulations against moneylaundering.
The Supreme People's Court and the State Bank of Vietnam held a joint seminar in Hanoi on May 31 to announce Resolution No03/2019/NQ-HDTP, dated May 24, 2019, of the judges' council of the Supreme People's Court, which guides the implementation of the2015 Penal Code’s Article 324 on money laundering.
The resolution will come into force on July 7.
Nguyen Hoa Binh, Secretary of the Party CentralCommittee and Chief Justice of the Vietnam Supreme People's Court, said the2015 penal code had amended and supplemented regulations on money laundering toremove obstacles to implementation.
However, after one year of theimplementation, there are still some unclear contents and more guidance isneeded, according to Binh.
In Vietnam, money laundering is a newtype of crime, but it is becoming more common and complicated in the era ofglobalisation and has begun to negatively affect the economy. Criminals haveused laundered cash to buy property, cars, jewels and other assets under otherpeople's names.
“Money laundering criminals often disguise illegalsources of money with sophisticated means," said Binh. "So,we need a law enforcement force with legal knowledge and a comprehensive legalsystem to fight the crime effectively."
Article 324 of the 2015 Penal Code defines moneylaundering behaviours as "disguising the legal origin of the money orproperty obtained through one's own criminal activities or that one knows to beobtained via another person's criminal activities."
The release of the new guidance showed Vietnam'scommitment to the international community in the work of combating moneylaundering and terrorist financing, Binh said.
Previously, most of the regulations focused oncrimes such as corruption, embezzlement or drug trafficking, all of whichcould lead to money laundering because if criminals wish to use theillegal assets, they need to remove traces of criminal activity.
Now, these criminals will be prosecuted for theirinitial crime and then be prosecuted again for money laundering.-VNA
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.
Transaction limits for e-wallets should be set at appropriate levels to encourage cashless payment amidst an anticipated boom of e-commerce in Vietnam, experts have said.
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).
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
The Mekong Delta province of Tien Giang is intensifying efforts to combat illegal, unreported and unregulated (IUU) fishing as part of the country’s goal of having the European Commission’s “yellow card” warning lifted.
Throughout its 80-year history, the VNA has remained at the forefront of information dissemination. It has consistently delivered timely, accurate, and objective reports on both domestic and international events, serving the Party’s leadership, the State’s management, and the public’s demand for official news.
With strong support from local authorities, businesses, organisations, and residents, the province has successfully built or repaired 10,707 homes for disadvantaged households, including war veterans, families of martyrs, ethnic minority people, and low-income residents.
Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
