Hanoi Convention: Establishing international standards and networks for cooperation in investigating cybercrime

On the afternoon of October 25, within the framework of the signing ceremony and the High-level Conference on the United Nations Convention against Cybercrime (Hanoi Convention), at the National Convention Center (Hanoi), a side event of the high-level discussion with the theme "Sharing experiences in investigating and collecting electronic evidence in cases related to virtual assets and money laundering" took place, chaired by Ms. Delphine Schantz, Chief Representative of the United Nations Office on Drugs and Crime (UNODC) in the Asia-Pacific region.

During the discussion, delegates agreed that cryptocurrencies bring many legitimate benefits to the digital economy , but are also being exploited by cybercriminals for illegal activities such as drug trafficking, money laundering or terrorist financing. Collecting digital evidence and cryptocurrencies is posing new challenges to global law enforcement, requiring a unified legal framework for effective investigation, freezing and confiscation of assets. Therefore, the UN Convention is expected to contribute to harmonizing laws, establishing international standards and a 24/7 cooperation network to support countries in investigating cybercrime.

From a private sector perspective, Jarek Jakubczak, Head of Enforcement Training at Binance Exchange, said that most cross-border investigations today require close cooperation with technology companies and e-exchanges.

According to Jarek Jakubczak, the majority of cross-border investigations, a very large proportion of which involve close cooperation with the private sector. In my many years of criminal investigation, I have never encountered a case that did not involve data from private industries. In addition, cross-border investigations are also difficult for law enforcement agencies. Many have abandoned the case when it was discovered that the suspect resided in another jurisdiction. Therefore, the Convention's reference to enhanced cooperation with this sector is absolutely necessary to detect cybercrime.

In an increasingly complex cyberspace, enhanced international cooperation – especially between public authorities and the private sector – will be key to effectively implementing the Convention against Cybercrime, ensuring a safer, healthier and more transparent digital space globally.

Also at the discussion session, providing information on anti-money laundering work in Vietnam, a representative of the State Bank of Vietnam said: In 2024, the Anti-Money Laundering Department - State Bank of Vietnam reviewed more than 400 suspicious transactions related to crypto assets, coordinated with competent authorities to verify and handle according to regulations. On June 14, 2025, the National Assembly of Vietnam passed the Law on Digital Technology Industry, the first legal document comprehensively regulating the digital technology sector. Then, on September 9, 2025, the Government issued Resolution No. 05/NQ-CP on piloting the crypto asset market, creating an important legal foundation for managing the digital asset market in Vietnam.

The State Bank said it will continue to collect, analyze and exchange information on suspicious transactions; build a technical platform, strengthen domestic and international cooperation, and strictly handle violations according to the law.

Source: https://baotintuc.vn/thoi-su/cong-uoc-ha-noi-thiet-lap-chuan-muc-quoc-te-va-mang-luoi-hop-tac-dieu-tra-toi-pham-mang-20251025212753779.htm