Deputy Prime Minister Vuong Dinh Hue, head of the committee, chaired the function.
The committee is responsible for assisting the Prime Minister in preparing a strategy, plans, policies and programmes in the prevention and combat of money laundering. It directs the implementation of Vietnam's member duties in the Asia/Pacific Group on Money Laundering (APG) and plan to fully realise recommendations of the Financial Action Task Force (FATF) on money laundering.
The committee coordinates with counter-terrorism forces to study and propose laws, programmes, and measures against the financing of terrorism across the country to State relevant agencies. Another task of the committee is assisting the Prime Minister in studying and promulgating policies on international cooperation in the field through each period.