In the field of banking, the Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and the Governor of the People’s Bank of China (PBC) Pan Gongsheng signed a Memorandum of Understanding on Cooperation between the SBV and the PBC to create a basis and concretize the cooperation plans between the two central banks that were discussed and agreed upon at the 6th meeting of the Working Group on Financial and Monetary Cooperation.
Earlier, on July 29, 2024, the SBV and the PBC successfully held the 6th meeting of the Working Group on Financial and Monetary Cooperation in Beijing, China, where they agreed on several specific orientations for cooperation between the two sides with the aim of creating a framework for the two central banks to enhance cooperation, exchange information, and share experiences in the fields of central banking operations. The signing of the Memorandum of Understanding on Cooperation during this high-level visit holds tremendous significance, strengthening Vietnam-China cooperation in the field of finance and monetary affairs, and contributing to the development of the Comprehensive Strategic Cooperative Partnership, in line with the spirit and common orientation of the high-level leaders of the two countries.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.