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Viet Nam has identified money laundering as a growing international problem. — Photo iitrade
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(Biz Hub)Viet Nam will work alongside international partners to combat money laundering and the financing of terrorism, Minister of Public Security Tran Dai Quang has said.
The minister delivered a speech at the fourth Annual International Conference on Security Matters which opened on July 3 in Vladivostok, Russia, where participants discussed how to tackle financial fraud, drug and human trafficking, terrorism and traffic security.
Quang said Viet Nam has identified money laundering as a growing international problem, and the country has developed legal frameworks for combating this crime.
The country has set up a national steering committee for preventing and combating money laundering and terrorism financing together with specialized agencies to enhance its prevention and detection abilities. These agencies have discovered a number of cases in this field.
The minister a lso highlighted the initiatives made by the international community to stop these crimes.
Organised from July 3-4, the meeting attracted the participation of 60 international delegations and representatives from the United Nations.
The event helped to promote cooperation between law enforcement agencies from around the world.—VNA/VNS