By Viet Anh  October 3, 2019 | 08:25 pm GMT+7 Stacks of Vietnamese cash at a commercial bank in Vietnam. Photo by VnExpress/Le Chi. A report saying Vietnam tops a list of countries by dollar value in illicit inflows is ‘inaccurate’, the Foreign Ministry spokeswoman said Thursday. Le Thi Thu Hang was responding to a request for comments on a January report by Washington DC-based think tank Global Financial Integrity, which said Vietnam tops the list of countries ranked by dollar value of illicit inflows in the 2006-2015 period at $22.5 billion. For the last several years, Vietnam has implemented many methods to build and complete legal frameworks, to apply international standards and abide by international recommendations and commitments to stop money laundering, Hang said at a press meeting. The Vietnamese government is clearly aware of the negative impacts of this phenomenon on the society and economy, she added. The country has the requisite legal framework to combat money laundering now, Hang said, noting that the activity was outlawed and punishable in accordance to the Vietnamese penal code. The National Assembly had specifically issued an anti-money laundering law in 2012 and the government had also established a steering committee on… Read full this story
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