HCM CITY (Biz Hub)— The State Bank of Viet Nam and Thailand's Anti-Money Laundering Office have signed a Memorandum of Understanding on information exchange to fight money laundering.

Speaking at the signing ceremony in Ha Noi on Monday, SBV Deputy Governor Dang Thanh Binh said the MoU would facilitate the collecting and analysing of information that would help prevent money laundering.

Binh said Viet Nam was making every effort to promote international co-operation and information exchange with other countries, especially those in the Asia-Pacific region.

The SBV praised Thailand's anti-money laundering measures and said it would co-operate further with the country in this area.

Thailand issued a law on anti-money laundering in 1999 and another anti-terrorism law this year.

Viet Nam has signed MoUs on information exchange about anti-money laundering with six foreign financial-intelligence agencies. — VNS