Legal amendments aim to strengthen banking, anti-money laundering framework
The Government said the amendments focus on urgent issues arising from the restructuring of the state apparatus, addressing legal bottlenecks in money laundering prevention and combat in line with recommendations from the Financial Action Task Force (FATF), the Asia/Pacific Group on Money Laundering (APG) and the Organisation for Economic Co-operation and Development (OECD), ahead of the OECD’s review in October 2026 and Vietnam’s eighth progress report to FATF slated for September.
Thai NA President arrives in Hanoi for official visit05/08/2026 11:01The visit underscores Thailand's high regard to its ties with Vietnam and highlights both legislatures' determination to advance parliamentary diplomacy while implementing agreements reached by the high-ranking leaders of the two countries, including the 2023–2028 cooperation agreement between the Vietnamese NA and the Thai House of Representatives. Party diplomacy builds political foundation for Vietnam's ties with other countries05/08/2026 10:39For Party diplomacy, the goal is to provide more proactive policy advice, build higher political trust, deepen relations, make cooperation more practical and ensure stronger implementation, with concrete contributions to national development as the highest measure of success. “Socialist communes/wards” concretise Vietnam’s new development orientation: Chinese scholar05/08/2026 09:59With a comprehensive approach combining stronger grassroots governance, socio-economic development, improved living conditions, sustainable poverty reduction and a people-centred orientation, the “socialist communes/wards” model could become a meaningful direction in Vietnam’s development process. Thai NA President’s visit to deepen Vietnam–Thailand comprehensive strategic partnership05/08/2026 09:56The official visit to Vietnam by Sophon Zaram, President of the National Assembly and Speaker of the House of Representatives of Thailand, reflects the high regard the two countries' high-ranking leaders attach to bilateral ties and their shared determination to further strengthen and deepen the Vietnam–Thailand comprehensive strategic partnership. Vietnam, US firms seek closer cooperation in defence, security industries05/08/2026 08:45US companies are committed to strengthening dialogue and cooperation with Vietnam's Ministry of Public Security, supporting the country's development objectives while contributing to the deepening of the Vietnam–US Comprehensive Strategic Partnership for the mutual benefit of both governments, businesses and peoples. ☀️ Morning digest on August 505/08/2026 08:19Party General Secretary and State President To Lam's reception for ASEAN ambassadors and chargés d'affaires, Prime Minister Le Minh Hung's attendance at the 33rd Diplomatic Conference, and proposals on the establishment of Quang Ninh, Bac Ninh cities to be submitted to the legislature are among news highlights on August 5 evening. Can Tho marks 50 Years of Vietnam–Thailand diplomatic relations04/08/2026 22:15During the first six months of 2026, Can Tho exported 13. 9 million USD worth of goods to Thailand, mainly rice, seafood, agricultural products, and processed foods. Its imports from this market totalled about 3. 8 million USD, consisting primarily of textiles, chemicals, and production materials. Vietnam, Laos step up cooperation in political theory, training04/08/2026 21:11The two central theory councils of Vietnam and Laos should step up joint research on strategic issues of mutual concern, closely link theoretical studies with practical reviews and policy consultation, build cooperation networks, connect young theory researchers and publish bilingual research works. Top leader meets ASEAN diplomats, calls for united, resilient ASEAN Community04/08/2026 20:51Party General Secretary and State President To Lam highly valued the bloc’s achievements across political, security-defence, economic, socio-cultural and other areas through numerous programmes and initiatives. He voiced confidence that member states would uphold solidarity, strengthen cooperation, reinforce ASEAN's centrality, and successfully realise the ASEAN Community Vision 2045. NA Chairman urges stronger parliamentary, economic diplomacy04/08/2026 20:29The National Assembly always stands alongside and supports the diplomatic sector. It will continue to proactively improve the legal framework governing foreign affairs, international treaties and agreements, as well as the operations of Vietnamese representative missions abroad, while paying attention to policies and working conditions for officials serving overseas, said NA Chairman Tran Thanh Man. Lawmakers back innovation incentives, protection for officials acting in public interest04/08/2026 20:14During group discussions at the first extraordinary session of the 16th National Assembly (NA), lawmakers said the proposed resolution would institutionalise the Party’s policies on encouraging innovation and protecting officials who dare to think, act and take responsibility for the common good. Vietnam, Cambodia strengthen security cooperation, law enforcement coordination04/08/2026 19:39 Politburo member and Minister of Public Security General Luong Tam Quang spoke highly of the annual conference of the Ministers of Public Security/Interior of Cambodia, Laos and Vietnam, describing it as an important cooperation mechanism for strengthening coordination in safeguarding national security and maintaining social order and safety, thereby contributing to a stable environment for socio-economic development. Lawmakers discuss shifting petroleum policy from investment incentives to global competitiveness04/08/2026 19:26The revision of the Petroleum Law should go beyond addressing existing bottlenecks and instead deliver a breakthrough by shifting petroleum policy from offering investment incentives to an approach centred on global competitiveness. Parliamentary cooperation forms key pillar of Vietnam–Thailand comprehensive strategic partnership04/08/2026 19:09Hung said the upcoming visit Sophon Zaram, President of the National Assembly and Speaker of the House of Representatives, reflects Thailand's high regard for its relationship with Vietnam and reaffirms the determination of the two legislatures to promote parliamentary diplomacy. Proposals on establishment of Quang Ninh, Bac Ninh cities to be submitted to legislature04/08/2026 19:04Presenting the Government’s proposals, Minister of Home Affairs Nguyen Tien Hai said the establishment of the two cities and Bac Ninh’s 12 wards has met all political and legal requirements. The proposals are also consistent with the national master plan, plans on the urban and rural system and the Red River Delta region, provincial plans, and general urban planning schemes. Lawmakers move to tackle traditional, non-traditional security threats04/08/2026 18:12To avoid squandering opportunities and falling behind, the legal and institutional systems must undergo a top-to-bottom review, with legislation brought closer to reality and, where needed, designed to “stay ahead” to create growth rather than scrambling to plug holes after a crisis hits, said top leader To Lam. Diplomatic sector helps create favourable external environment for development: PM04/08/2026 17:45Diplomacy has also contributed to mobilising external resources, expanding markets, attracting investment, and promoting sci-tech and innovation, thereby supporting productivity gains, economic restructuring and sustainable development, said Prime Minister Le Minh Hung. ☕ Afternoon briefing on August 404/08/2026 16:30The following is a brief review of the day’s events as reported by the Vietnam News Agency. NA Chairman urges ‘revolution’ in legal information access04/08/2026 15:15NA Chairman Tran Thanh Man said the requirement that “every citizen live and work in accordance with the Constitution and the law” remains hollow unless people can fully access, understand, and actually use the rules that govern their lives. Vietnam's diplomacy shows resilience, self-reliance, responsibility: Ambassadors04/08/2026 14:33Speaking on the occasion of the 33rd Diplomatic Conference, ambassadors from Laos, Japan, the Philippines, China and South Africa highlighted Vietnam's growing international standing, its foreign policy of independence and self-reliance, and its commitment to peace, cooperation and sustainable development.