On October 26, the State Bank of Vietnam (SBV) coordinating with Ministry of Public Security (MPS) and Ministry of National Defense (MND) organized a signing ceremony on “Cooperation Regulations on combating criminal activities related to counterfeit money” among SBV Issue and Vault Department; MPS Department of Financial, Monetary and Investment Security, and MND Department of Drugs and Crime Prevention.
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Attending the ceremony were Deputy Governor Dao Minh Tu; Major General Nguyen Khac Thanh, Deputy Director General of General Department of Security; Major General Le Duc Thai, Deputy Commander of Border Guards; Major General Nguyen Hung Linh, Director of MPS Department of Financial, Monetary and Investment Security (A84); Colonel Bui Van Mua, Deputy Director of Drugs Prevention Department; and Mr. Pham Bao Lam, Director General of SBV Issue and Vault Department.
Briefing the substances of the Cooperation Regulations, Director General Pham Bao Lam emphasized the information exchange about legal texts on counterfeit money prevention, Vietnamese currency protection, information on Vietnamese currencies, counterfeit money, the situations of trading, transporting, storing and circulating counterfeit money; the task of coordination to implement measures of combating criminal activities related to counterfeit money. Moreover, he stressed the importance of providing information and communication as well as guiding people in participating in protecting Vietnamese currencies and combating counterfeit money; promptly rewarding individuals and collectives in the process of preventing counterfeit money.
The three Ministries are responsible for instructing the SBV branches, public security forces and border guards to formulate cooperation regulations in line with the practical situations in their locations. The rotational meetings were organized annually to review the cooperation results in combating criminal activities related to counterfeit money and outline specific measures as well as cooperation programs in the coming time on the basis of substances of cooperation regulations.
Highly appreciating the SBV’s initiative in signing cooperation regulations, Major General Nguyen Khac Thanh, Deputy Director General of General Department of Security, expressed his belief in the effectiveness of the task of preventing counterfeit money printing and consumption in the coming time based on the signed cooperation regulations as well as the enormous efforts of the three sides.
Speaking at the ceremony, Deputy Governor Dao Minh Tu spoke highly of the close cooperation among the SBV, MPS and MND as well as other relevant entities to protect the national defense and monetary security over the past time. He committed the SBV as leading entity would closely and regularly coordinate with and provide MPS, MND and relevant entities information on counterfeit money collection, how to recognize counterfeit money; providing training courses to officials of the three ministries to raise their awareness and knowledge about this field.