Public security minister fields questions relating ‘black credit’
Public security minister fields questions relating ‘black credit’ issue
Minister of Public Security To Lam fielded questions about the Government’s responsibilities and solutions in stopping criminal gangs and rings involved in loan sharks during a question and answer session of the National Assembly Standing Committee in Hanoi on August 15.
Minister of Public Security To Lam answers deputies' questions (Photo: VNA)
Hanoi (VNA) – Minister of Public Security To Lam fielded questions aboutthe Government’s responsibilities and solutions in stopping criminal gangs andrings involved in loan sharks during a question and answer session of theNational Assembly Standing Committee in Hanoi on August 15.
The issue has caused public concern and drawn the attention of many NAdeputies, Lam said.
As many as 436 cases and 766 people relating to loan sharks known as ‘blackcredit’ and illegal debt collection were prosecuted in the first six months ofthis year, he said, adding that the police force also adopted measures to bust1,400 loan shark gangs across the country.
Although ‘black credit’ had been reduced, Lam admitted that gangs operate in asophisticated manner, causing anxiety for local residents.
‘Black credit’ is advertised online, making it difficult to control, he said.
He added the fact that people still sought loan sharks and the legalregulations were unclear made it difficult for the police to deal with thiskind of crime.
The Ministry of Public Security will continue campaigns to suppress criminalactivities, particularly rings involved in 'black credit' and illegal debtcollection, he said, adding it will coordinate with relevant agencies inremoving legal obstacles to enhance its effectiveness.
“Any individual or organisation related to loan shark gangs will be strictlydealt with,” Minister Lam said. - VNA
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Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
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At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
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President Luong Cuong called on the two countries to join hands to promote South – South cooperation, contribute to building a fair and equal global political and economic order, safeguard independence and sovereignty, and promote extensive and substantive international solidarity and cooperation.
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Vietnamese President Luong Cuong and Speaker of the National Assembly (NA) of Angola Carolina Cerqueira agreed to continue strengthening political trust, boost high-level delegation exchanges via all channels, including the parliamentary one, and create favourable legal conditions for bilateral cooperation.
Vietnamese State President Luong Cuong and Angolan President João Manuel Gonçalves Lourenço met with the press right after concluding their talks and witnessing the signing of seven cooperation agreements between the two countries in Luanda on August 7.
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The robust collaboration between the Vietnamese National Assembly and Japan’s National Diet, particularly between the two nations’ parliamentary friendship groups, is a hallmark of bilateral relations, contributing to deepening the Vietnam-Japan comprehensive strategic partnership, said NA Chairman Tran Thanh Man.
Minister of Public Security To Lam answers deputies' questions (Photo: VNA) 
