Sen. Lieut. Gen. Le The Tiem, Deputy Minister of Public Security and Narumi Yamada, representative of the UNODC in Vietnam signed an agreement on June 20 to implement the UK and Canadian financed project.

Addressing the signing ceremony, the UNODC representative applauded Vietnam’s efforts in anti-money laundering work through promulgating a decree on the issue in 2005, establishing a money laundering information centre and joining the Asia-Pacific Group on Money Laundering (APG).

She said the implementation of the scheme with technical assistance from the UNODC would improve the capability of Vietnam’s judicial and executive agencies, including the police and border guard forces, customs, the procuracy and courts to detect, investigate and deal with money-laundering crimes.

According to Sen. Lieut. Gen. Tiem, the Police General Department has already detected a group of foreigners involved in money laundering through investments in the country.