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Thursday, December 26, 2024

Hanoi to host UN Cybercrime Convention signing in 2025

By Gia Nghi

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HCMC – The UN General Assembly approved the Cybercrime Convention on December 24, designating Hanoi as the host city for its signing ceremony in 2025. This marks the first time Vietnam’s capital will be associated with a global multilateral treaty.

Under Article 64 of the UN Cybercrime Convention, the treaty will officially be known as the “Hanoi Convention,” according to the Baochinhphu news site.

This milestone highlights Vietnam’s growing influence in global affairs and 47 years of partnership with the United Nations. Hosting the Hanoi Convention underscores Vietnam’s commitment to shaping a secure and equitable international cyberspace.

The event presents a significant opportunity for Vietnam to contribute to building a fair, democratic, open, and secure cyberspace that promotes sustainable development worldwide.

The Hanoi Convention, comprising nine chapters and 71 articles, is the culmination of nearly four years of negotiations among UN member states. It establishes a comprehensive legal framework for combating cybercrime, addressing a pressing international issue nearly twenty years after the adoption of the UN Convention on Transnational Organized Crime.

Cybercrime poses a growing global economic threat, causing an estimated loss of US$8 trillion in 2023, with projections reaching US$10.5 trillion by 2025. The Hanoi Convention provides a crucial legal framework for nations to address this escalating challenge.

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