The authorities said the seized drugs have an estimated street value of more than S$237,000 and could have fed the addiction of approximately 1,440 drug abusers for a week.
Budget 2026 follows this year's Budget, which was delivered ahead of the May General Election and was widely described by political observers as a "feel-good" Budget.
Vietnam's GDP is projected to reach about US$510 billion this year, while average per capita income is expected to surpass US$5,000 for the first time.
The measures were implemented by the SPF in collaboration with the MAS, the Infocomm Media Development Authority and the Government Technology Agency of Singapore (GovTech).
For first-time offenders, loan shark harassment carries a penalty of a fine ranging from S$5,000 to S$50,000, imprisonment of up to five years, and caning of up to six strokes.
The police will apply for him to be remanded for psychiatric evaluation. If convicted, he faces a possible jail term of up to 10 years, a fine of up to S$500,000, or both.