3:26:33 PM | 7/8/2005
Experts from the Asian Development Bank (ADB) have urged Vietnam to boost building a legal framework against money laundering.
“The law is a precondition for any economy on the way towards global integration,” they said. “What businesspeople and investors are looking for in Vietnam is a well-controlled financial system and lower interest rates, which also mean fewer risks.”
The SBV representative said that the regulation is expected to be promulgated within the first half of this year.