Business Associations lead the way in promoting business integrity in Viet Nam

Wednesday, 13/11/2019 14:27
(CPV) - In Viet Nam, 11 Business Associations have officially signed the Business Integrity Pledge to uphold the core values of integrity, ethical behavior, and accountability.

This was announced at the workshop “Enhancing Business Sector Engagement through Integrity Pledge Cooperation” jointly organized on November 13th 2019 by the Viet Nam Chamber of Commerce and Industry (VCCI), the UN Development Programme (UNDP) and the British Embassy in Ha Noi.

“The workshop today recognizes the important pledges made by 11 business associations committed to promoting business integrity in Viet Nam,” Mr. Stephen Taylor, Head of Political Division, British Embassy in Ha Noi, said in his opening speech. “We congratulate them for leading the way in promoting Viet Nam’s future success by seeking to make Viet Nam a better place to do business and hope that many other businesses will follow their example”.

Source: VNA

This is a result of a campaign which has been implemented by VCCI to call on business associations in Ha Noi and Ho Chi Minh City to sign the “Business Integrity Pledge” to promote collective action of business associations to create business integrity culture in Viet Nam.

“The professionalism, ethical behavior and integrity of employee, customer and supply chain are an integral part of any business activities,” Mr. Vu Tien Loc, Chairperson of VCCI, emphasized. “Business Associations are expected to be an active partner to vigorously urge the movement of business integrity in the sectors that they represent. It is to call for a collective action to create a solid shield to minimize and prevent risks related to bribery and corruption in all forms of business transactions”.

In her opening speech, Ms. Caitlin Wiesen, UNDP Resident Representative in Viet Nam, welcomed the Government’s recent efforts through the adoption of the Anti-Corruption Law 2018. She said: “As change takes time, it is key to set up clear milestones and benchmarks to track progress, so that the pledge is not only a promise, but an effective instrument of collective action to build a more transparent and fair business environment in Viet Nam”.

The workshop was attended by more than 70 participants from Government agencies, enterprises, business associations, and social organizations. It is one of the key activities of the Government and Business Integrity Initiative (GBII) implemented by VCCI under the UNDP’s Regional Project “Promoting A Fair Business Environment in ASEAN”. This project aims to support the development of transparent mechanisms in both public and private sectors, strengthening the rule of law, preventing corruption, and promoting accountable business models./.

Khac Kien

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm