Hanoi, Aug. 20 -- The State Bank of Vietnam (SBV) has proposed that all electronic money transfers of 1,000 USD or more at the shaping International Financial Centre (IFC) must be reported. This measure is part of the SBV's draft decree, which is seeking feedback, outlining regulations on lincensing establishment and operations of banks; managing foreign exchange; and preventing money laundering, terrorist financing and financing proliferation of weapons of mass destruction within the IFC. The draft decree aims to implement Resolution No. 222/2025/QH15 of the National Assembly on establishing the IFC. It seeks to provide a dedicated legal framework with preferential policies in foreign exchange, banking, and anti-money laundering to attra...