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Standing Office 81 (SOVNPA 81) emblem Viet Nam NVietnam National Presiding Agency
on Countering the Proliferation of Weapons of Mass Destruction Standing Office 81
Notices

Targeted financial sanctions obligations and designated lists relating to the proliferation of weapons of mass destruction and proliferation financing

Notices

30 October 2026UN Security Council updates the sanctions list (30/10/2026)

Activities6 September 2025

Meeting with the FATF Joint Group on the fifth progress report

Field: Proliferation financing Tiếng Việt

Unofficial translation from the Vietnamese original.

On 3–4 September 2025 in Macao, China, the FATF Joint Group (JG) and the Vietnamese delegation held a face-to-face meeting on the fifth progress report (PR5) addressing issues of anti-money laundering, countering the financing of terrorism and countering proliferation financing in Vietnam. The meeting was co-chaired by Ms Connie Chu (Macao, China) and Mr Mike Storne (New Zealand). The Vietnamese delegation comprised representatives of the Ministries of National Defence, Public Security and Finance and the Supreme People’s Procuracy, and was led by Mr Pham Tien Phong, Director General of the Anti-Money Laundering Department.

View of the face-to-face meeting with the FATF Joint Group

During the meeting, representatives of Vietnamese ministries and sectors answered the Joint Group’s questions on the 17 actions in the National Action Plan issued with Decision 194/QD-TTg of the Prime Minister. The main topics included: understanding and mitigating risk (IO1); international cooperation (IO2); inspection and supervision (IO3 & IO3/4); legal persons and arrangements (IO5); financial intelligence (IO6 & IO6/7); investigation and prosecution of money laundering (IO7); and targeted financial sanctions related to the proliferation of weapons of mass destruction (IO11).

The Vietnamese delegation at the meeting

During the meeting with the Joint Group, the representative of the Ministry of National Defence discussed the actions in the National Action Plan on targeted financial sanctions related to the proliferation of weapons of mass destruction. The discussion focused on addressing deficiencies under Recommendation 7, the supervision of financial institutions (FIs) and designated non-financial businesses and professions (DNFBPs), and coordination to prevent the evasion of United Nations sanctions.

The Joint Group highly appreciated the efforts of the Ministry of National Defence in advising on the promulgation of Decree 218/2025/ND-CP of 5 August 2025 on administrative sanctions in the fields of national defence and cryptography, which includes sanctions for violations related to proliferation financing, ensures deterrence and covers both legal entities and individuals, and in issuing a number of documents incorporating guidance on inspection and the development of red-flag indicators related to proliferation financing.

The outcome of the meeting further affirms the efforts and responsibility of the ministries in general and the Ministry of National Defence in particular in implementing the National Action Plan to fulfil Vietnam’s commitments on anti-money laundering, countering the financing of terrorism and countering proliferation financing.

Huy Hiep (Centre 81)

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