Tuesday, May 20, 2008


There is another story out of Vietnam. Here is the link.

Here is the story.

Transparency needed to fight corruption


HCM CITY — How to eliminate corruption in the corporate and government sectors topped the agenda at a meeting held in HCM City yesterday by the Viet Nam Chamber of Commerce and Industry (VCCI) and the Swedish embassy.

The seminar was attended by company and government officials and experts from Transparency International, a global non-governmental organisation that tracks corruption.

Tran Duc Luong, director of the Government Inspectorate’s Anti-Corruption Department, said enterprises and business associations should build a transparent business culture to prevent bribery, adding that forging an equal business environment was the Government’s target by 2020.

Viet Nam had signed international anti-corruption agreements, attended the Asia Pacific region’s programme to stamp out corruption, and become a member of World Trade Organisation, he said. It now followed global trading rules and encouraged foreign and local enterprises to fight corruption, he said.

To prevent bribery and extortion, treatment rules and professional etiquette standards should be spelled out, he said, adding, enterprises and business associations were an important information bridge between the corporate sector and administrators.

Chan Sun Lee, chairman of Transparency International, said that around the world corruption was considered a crime and people who took bribes were sent to jail. He added that corruption had become a problem in many countries.

The Malaysian Government had established an agency to fight corruption and a website to publish information about corruption and bribery cases, he said, acknowledging that co-operation between the media, community and government was essential to eliminate corruption.

VCCI deputy chairman Doan Duy Khuong stressed that companies should enhance transparency in their operations by taking full advantage of information technology, as transparency was an important factor in preventing corruption. — VNS

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