Vietnam and Cambodia have signed a memorandum of understanding (MoU) on the exchange of information in the fight against money laundering and terrorism financing. The MoU, signed by Governor of the State Bank of Vietnam Nguyen Van Binh and Governor of the National Bank of Cambodia Chea Chanto in Phnom Penh on March 28, will create favourable conditions for the two countries’ financial investigation agencies to learn experience from each other in tracking down, preventing and eliminating money laundering and financing for terrorists in their countries.The deal reflects the two countries’ participation in international efforts to combat money laundering and terrorism financing activities.At the signing ceremony, both sides discussed measures to supervise the banking system and money laundering and terrorism financing activities as well as plans to strengthen cooperation between the two central banks.They also witnessed the signing of a MoU on training and research cooperation in the banking and financial sector between Vietnam’s Banking Academy and Cambodia’s Banking Research Centre.During his visit to Cambodia from March 27-30, Governor Binh will attend the ASEAN Central Bank Governors’ Meeting, receive the Governor of Singapore’s Central Bank and visit branches of some Vietnamese banks.VNA/VOV Online