Person arrested transporting currency via border trails

Person arrested transporting currency via border trails

A case of transporting currency illegally via border trails was detected and handled by competent forces at Vinh Xuong International Border Gate – An Giang.
"Shaping" remittance flow in the right direction

"Shaping" remittance flow in the right direction

VCN - In recent years, the flow of overseas remittances to Vietnam has been constantly increasing. T
Foreign currency reserves hit 68 billion USD in H1

Foreign currency reserves hit 68 billion USD in H1

The State Bank of Vietnam (SBV) has reported a foreign currency reserve amount of 68 billion USD in the first half of 2019, the highest level so far.
Warning the phenomenon of foreign currency and money transfer crossing border

Warning the phenomenon of foreign currency and money transfer crossing border

VCN - Although Quangninh Customs officers discovered and handled many people hiding money and foreign currency on their bodies when doing immigration procedures, Quangninh Customs force is very concerned and warning about this.
Allow to use Yuan for payment at the border area from 12/10

Allow to use Yuan for payment at the border area from 12/10

From 12/10/2018, the activities of trade in goods and services across the Vietnam-China border will be allowed to make payment in freely convertible foreign currencies, Vietnamese dong (VND) or Yuan (CNY)
A passenger on exit hiding nearly US$ 100,000 was detected

A passenger on exit hiding nearly US$ 100,000 was detected

VCN- Through detailed inspection, Tan Son Nhat International Airport Customs Branch temporarily seized US$ 97,000 (equivalent to nearly VND2.2 billion).
Foreign currency credit: Balanced to avoid "dollarization"

Foreign currency credit: Balanced to avoid "dollarization"

VCN- Although the proportion of credit is still in favor of VND credit, but with the increase of foreign currency credit in the past, the banking system must be careful to avoid the implications for the work of controlling the status of "dollarization".
Mong Cai Customs prosecute a case of illegal transport of 322 million VND

Mong Cai Customs prosecute a case of illegal transport of 322 million VND

leader of Mong Cai Customs Branch – Quang Ninh Customs Department, confirmed that the unit has already issued a prosecution decision for the case of illegally transporting money across the border.
Warning about illegal transfer of foreign currency by fraudulent import of software

Warning about illegal transfer of foreign currency by fraudulent import of software

VCN- For example, in the beginning of 2018, the units under Ho Chi Minh Customs Department coordinated with Police force to detect the act of fraudulent declaration of software with a value of nearly US$ 3.7 million.
Long An Customs strictly anti-smuggling in the end of 2017

Long An Customs strictly anti-smuggling in the end of 2017

Although the smuggling activities outside customs management area happened complicatedly, it has been strictly controlled in order to prevent big cases.
Tay Ninh Customs: Prosecute the case of illegal transport more than $US 22,000

Tay Ninh Customs: Prosecute the case of illegal transport more than $US 22,000

Moc Bai Customs Branch (Tay Ninh Customs Department) said that, the unit has issued decision to prosecute a case of illegal transport more than $US 22,000 from Campuchia to Vietnam
Tay Ninh: Hot smuggling spot of money and foreign currency

Tay Ninh: Hot smuggling spot of money and foreign currency

VCN- The border area of the Tay Ninh province has a large traffic flow, opposite the Cambodian side, there are many casinos, so the illegal currency movement across the border happens complicatedly and tends to increase.
Discover a foreigner carrying foreign currency in excess of standard without declaration

Discover a foreigner carrying foreign currency in excess of standard without declaration

The exit luggage customs procedures team – Noi Bai International Airport Customs Branch made record of administrative violation for a foreigner carrying foreign currency in excess of standard without declaration.
Interest rate has many chances to decrease from now to the end of year

Interest rate has many chances to decrease from now to the end of year

In the last months of year 2017, the reduction of interest rate has received many supports from domestic and internationals.
Seized a case of illegally transporting $US 11,000 and 31.5 million vnd across border

Seized a case of illegally transporting $US 11,000 and 31.5 million vnd across border

Vinh Xuong Customs Branch (An Giang Customs Department) arrested a man who transported illegally $US 11,000 and 31.5 million vnd across border
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