Singapore and Vietnam have signed an agreement to enhance cooperation on financial market regulation and digital asset oversight.

The Monetary Authority of Singapore and Vietnam's State Securities Commission will exchange expertise on supervisory practices, anti-money laundering measures, and counter-terrorism financing as part of the deal. The move aligns with growing economic ties between the two nations.

The agreement is expected to support Vietnam in developing a more robust regulatory framework for digital assets while ensuring fair and transparent financial markets.

Singapore's Assistant Managing Director for Capital Markets, Lim Tuang Lee, highlighted the importance of cross-border financial connectivity, reinforcing both countries' commitment to market stability.

Vietnam's SSC Chairperson Vu Thi Chan Phuong described the partnership as a significant milestone in bilateral cooperation.

The signing took place during an official visit to Singapore, attended by Singapore Prime Minister Lawrence Wong and Vietnam's General Secretary To Lam. The collaboration reflects a shared vision for stronger financial oversight and deeper regional integration.

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