Preventing money laundering crime in banking activities in Vietnam – Difficulties and solutions

Abstract

The global integration has created the continuous increase of the flow of international capital as well as caused money laundering activities become more popular and sophisticated. Consequently, the anti-money laundering effort is strongly conducted because of money laundering’s negative effects not only on the national but also global economy. The article gives some difficulties in money laundering prevention through banking operations in Vietnam and proposes a number of solutions to this problem.