Corruption in Vietnam

Overall, Vietnam is characterised by corruption, a weak legal infrastructure, financial unpredictability and conflicting and negative bureaucratic decision-making. Surveys reveal that petty corruption has decreased significantly throughout the country, while high-level corruption has increased.[1] Corruption is considered an obstacle for doing business in Vietnam, and the use of facilitation payments are widespread when dealing with frontline civil servants.[2] Corruption has moved up the political agenda in Vietnam, and the legal framework for tackling corruption is now better developed.[3]

Anti-corruption efforts

In order to improve the business climate and attract foreign investment, Vietnam has taken efforts to combat corruption. The government established a new anti-corruption body and issued the National Strategy for Preventing and Combating Corruption Towards 2020. Vietnam's Anti-Corruption Law 2005 is considered by the World Bank to be among the best anti-corruption legal frameworks in Asia; however, it is considered complicated and challenging for its implementation.[4]

See also

References

  1. ↑ "Vietnam Corruption Profile". Business Anti-Corruption Portal. Retrieved 2 July 2015.
  2. ↑ "Investment Climate Statement- Vietnam 2012". The US Department of State. Retrieved 25 June 2014.
  3. ↑ "Vietnam Corruption Profile". Business Anti-Corruption Portal. Retrieved 2 July 2015.
  4. ↑ "Investment Climate Statement- Vietnam 2012". The US Department of State. Retrieved 25 June 2014.
A world map of the 2015 Corruption Perceptions Index by Transparency International
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