Int’l community hails Viet Nam’s anti-corruption efforts
VGP - Viet Nam has moved up more than 30 spots in terms of the corruption perception index over the past decade thanks to its anti-corruption efforts, according to the Transparency International (TI).
The Southeast Asian country’s anti-corruption efforts were one of the main subjects that captured international media attention over the past week.
Titled "What's Behind Viet Nam's Latest Anti-Corruption Fight", the Bloomberg article analyzed Viet Nam’s anti-corruption campaign, particularly as the Vietnamese economy is the fastest growing in Southeast Asia.
Eight inspection teams have been set up in an effort to deal with corruption cases, including at party committees and agencies, according to the Central Steering Committee on Anti-Corruption.
Over 1,200 cases have been investigated this year, with over 730 involving more than 1,500 defendants brought to court. Indeed, over the last year the police have detained a number of executives as part of investigations into alleged stock price manipulation.
With a population of roughly 100 million, the nation has lots to gain economically providing that if it can bolster its image as a place to do business.
In another article entitled “Ex-Minister Detained as Viet Nam’s Abuse Probes Accelerate,” Bloomberg praised Viet Nam’s broad anti-corruption push for the highest-ranking government officials amidst investigations into a wide range of alleged illicit activity, from stock price manipulation to property fraud.
A series of international news sites such as Channel News Asia, The Star, and Nation Thailand have reported that the former Minister of Health and former Chairman of the Ha Noi People's Committee have been prosecuted and detained . These wrongdoings relate to abusing their positions and powers while performing official duties, causing severe consequences and losses to the State budget.
Kenneth Atkinson, President of the British Chamber of Commerce in Viet Nam (BritCham Viet Nam), said that Vietnamese anti-corruption actions are extremely welcome, especially with cases involving high-ranking officials.
Viet Nam was ranked 68th out of the 120 countries in the Open Budget Survey (OBS) 2021 which was recently released by the International Budget Partnership (IBP), up nine spots against 2019 and 23 compared to 2017’s standings./.