Business integrity in high-tech parks in Vietnam

Description

This survey on business integrity provides a snapshot of bribery challenges faced by companies in the three national high-tech parks, located in Hanoi, Da Nang and Ho Chi Minh City, as well as the existing measures put in place to mitigate these risks.

The survey results suggest that companies operating in an environment promoting integrity can avoid or limit their engagement in bribery. Indeed, all companies interviewed recognized that such an environment exists in the three high tech parks, where Boards of Management took initiatives in streamlining administrative procedures and supporting companies in dealing with bribery.

The survey also shows that differences in size and origin of companies affect the way corruption risks are tackled. Foreign companies are more experienced with regard to ethics and compliance policies, while most local companies still lag behind, but are increasingly interested to develop internal compliance systems.

The survey report also provides recommendations to the high-tech parks’ Boards of Management and their tenant companies on how to further build a business integrity culture, emphasizing that high-tech parks’ experience could be replicated elsewhere in Vietnam.

Authors

Lien Nguyen, Christian Levon and Linh Nguyen, Towards Transparency Vietnam

Date

30/08/2018

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