Decree details implementation of anti-money laundering law

Prime Minister Nguyen Tan Dung has promulgated Decree No. 116/2013/ND-CP detailing the implementation of the Law on the Prevention of Money Laundering.
Prime Minister Nguyen Tan Dung has promulgated Decree No. 116/2013/ND-CPdetailing the implementation of the Law on the Prevention of MoneyLaundering.

The legal document says the State Bankof Vietnam is responsible to the Government for the State managementof the prevention of money laundering and gives concrete provisions onthe responsibilities of the Ministry of Public Security and otherrelevant ministries and authorities in the work.

It will take effect from October 10, 2013, replacing another issued in 2005.-VNA

See more

Bank lending in HCM City achieves high growth last year. (Photo courtesy of ABBANK)

Banks' credit up 11.3% in HCM City in 2024

Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year. (Photo: https://doanhnhansaigon.vn)

Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.

Illustrative photo (Photo: VNA)

Retail petrol prices down in latest adjustment

The price of E5RON92 bio-fuel was priced at 20,592 VND (0.82 USD) per litre, representing a 158 VND decrease from the previous baseline, while RON95-III decreased to 21,142 VND per litre, down 78 VND.

Inside the ABB factory in Vietnam (Photo: baodautu.vn)

European investment flows gain momentum in Vietnam

European investments are expected to pick up in Vietnam following Prime Minister Pham Minh Chinh’s engagement with Czech and Polish enterprises as part of his trip to Europe to attend the 55th Annual Meeting of the World Economic Forum.