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Corruption In Vietnam
Corruption in Vietnam is pervasive and widespread, due to weak legal infrastructure, financial unpredictability, and conflicting and negative bureaucratic decision-making. Surveys reveal that while petty corruption has decreased slightly throughout the country, high-level corruption has significantly increased as a means of abuse of political power. Corruption is a very significant problem in Vietnam, impacting all aspects of administration, education and law enforcement. Vietnam is an authoritarian one-party state under the Communist Party of Vietnam (CPV). The party claims that corruption has moved up the political agenda in the country, and the legal framework for tackling corruption has become "better developed". However, political academics have cited that such efforts are likely a cover for a political purge between factions of the party. Vietnam also scores one of the highest rates in terms of bribery practices – the rate citizens have paid a bribe to key public inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flag Of Vietnam
The flag of Vietnam, officially the National Flag of the Vietnam, Socialist Republic of Vietnam (), or (), also (), was designed in 1940 and used during an uprising against the French in southern Vietnam that year. The red background symbolizes revolution and bloodshed. The golden star represents the five main classes in Vietnamese society — intellectuals, farmers, workers, entrepreneurs, and soldiers. The flag was used by the Viet Minh, a communist-led organization created in 1941 to oppose Japanese occupation. At the end of World War II, Viet Minh leader Ho Chi Minh proclaimed Vietnam independent and signed a decree on 5 September 1945 adopting the Viet Minh flag as the flag of the North Vietnam, Democratic Republic of Vietnam."Decree number 5 of September 05, 1945" , ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Vietnam
The politics of Vietnam is dominated by a single party, the Communist Party of Vietnam (CPV). The President of Vietnam is the head of state, and the Prime Minister of Vietnam is the head of government, both of these are separate from the General Secretary of the Communist Party of Vietnam who leads the Communist Party and is head of the Politburo and the Central Military Commission, thus the General Secretary is the ''de facto'' supreme leader of Vietnam. Executive power is exercised by the government and the President of Vietnam. Legislative power is vested in the National Assembly of Vietnam ( vi, Quốc hội Việt Nam). The Judiciary is independent of the executive. The parliament adopted the current Constitution of Vietnam, its fifth, on 28 November 2013. The Vietnamese political system is authoritarian, with the freedom of assembly, association, expression, press and religion as well as civil society activism being tightly restricted. There are no freely ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption In Asia
Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption may involve many activities which include bribery, influence peddling and the embezzlement and it may also involve practices which are legal in many countries. Political corruption occurs when an office-holder or other governmental employee acts with an official capacity for personal gain. Corruption is most common in Kleptocracy, kleptocracies, oligarchy, oligarchies, narco-states, and mafia states. Corruption and crime are endemic sociological occurrences which appear with regular frequency in virtually all countries on a global scale in varying degrees and proportions. Each individual nation allocates domestic resources for the control and regulation of corruption and the deterrence of crime. Strategies which are undertaken in order to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business-Anti-Corruption Portal
The Risk & Compliance Portal (formerly The Business Anti-Corruption Portal) is a powerhouse for business anti-corruption information offering tools on how to alleviate or reduce risks and costs of corruption when doing business abroad. All the information on the Portal is produced by GAN Integrity Solutions, a Denmark-based IT & Professional Services firm. The Portal was created in 2006 and is aided by the European Commission and a number of European governments. The BACP is referred to by many government and non-government organisations and co-operations, amongst others, the Organisation for Economic Co-operation and Development, the United Nations, the OECD Business and Industry Advisory Committee (BIAC), and the World Bank. In addition, the BACP is the only externally cited tool for anti-corruption risk assessment in the UK Bribery Act 2010 Quick Start Guide. The BACP is listed in the UN Global Compact Anti-Corruption Tools Inventory as an efficient resource to help companies a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crime In Vietnam
Crime is present in various forms in Vietnam. According to the United States 2016 OSAC Crime report, Hanoi is rated as medium in Overall Crime and Safety Situation. History of organised crime Among the first organised crime group to emerge in Vietnam were the Bình Xuyên, which during the 1920s acted mainly as river pirates led by Dương Văn Dương, before later becoming a legitimate military organization that nearly controlled the entire supply of opium of Vietnam in 1954. With the arrival of Vietnamese independence in 1945 (in the North) and 1955 (in the South), organized crime activity, including protection rackets, were drastically reduced as both the Northern and Southern governments purged criminal activity in their halves of the country. In spite of this, organized crime continued to persist in both halves of Vietnam. In the South, during the 1960s, the underworld of Saigon at the time was defined by the "Four Great Kings" period, where the city was ruled by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Việt Á Scandal
During the COVID-19 pandemic in Vietnam, colluded with government officials to sell COVID-19 RT-PCR tests, and later imported rapid tests falsely marketed as locally made, at a heavy markup to provincial health departments and hospitals through 2020 and 2021. The discovery of this corruption in late 2021 led to a number of prominent officials being dismissed, including Nguyễn Thanh Long, who had been health minister for most of the pandemic, and reduced public trust in the government. Background ( vi, Công ty Cổ phần Công nghệ Việt Á, , Vietnam-Asia Technology Joint Stock Company) was considered one of the most prominent companies in the Vietnamese medical technology sector and a major supplier of chemicals and machines for the country's hospitals. In February 2020, the company collaborated with the to develop a domestically manufactured COVID-19 RT-PCR test that was released one month later; its quick deployment has been cited as a factor in the early success of Vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PMU 18 Scandal
The PMU 18 scandal is a multi-million dollar political corruption scandal that involved accusations of embezzlement, bribery, nepotism, and gambling at the Vietnamese Ministry of Transport (''Bộ Giao thông Vận tải'', GTVT) at the beginning of 2006. The scandal received extensive press coverage in Vietnam, a rarity in the one-party state. It generated a great public outcry in Vietnam and controversy in other countries and at organizations that provided Official Development Assistance (ODA) to the country. Due to the scandal, Transport Minister Đào Đình Bình was forced to resign and his deputy was arrested. The scandal became a major issue leading up to the Tenth National Congress of the Communist Party of Vietnam, when the government leadership was being reviewed. In the aftermath of the scandal, the Vietnamese government clamped down on journalists reporting on the case. Two prominent journalists were tried and convicted of "abusing democratic freedoms" and propagati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trịnh Xuân Thanh
Trịnh Xuân Thanh (born 13 February 1966 in Hanoi) is a former Vietnamese politician and businessman. He is the former head of the state-owned Petrovietnam Construction Joint Stock Corporation (a subsidiary of Petrovietnam), and the former Deputy-Chairman of the Provincial People's Committee of Hậu Giang. In 2016, he was accused of causing massive losses at the state-owned company and fled the country. While in Berlin, as an asylum-seeker, he was allegedly kidnapped and repatriated to Vietnam on 23 July 2017. This led to diplomatic scandal resulting in Germany to expel a Vietnamese diplomat. He later announced on Vietnam television that he had decided to turn himself in to Vietnamese authorities. However, there have been suggestions that his statement was possibly made under duress. On 22 January 2018 he was sentenced to life imprisonment. Early life Trịnh Xuân Thanh was born 13 February 1966 in Hanoi, Vietnam. He graduated from Hanoi Architectural University in 1990. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nguyễn Thanh Long
Nguyễn Thanh Long is a Vietnamese politician and doctor who served as Minister of Health from July 2020 to his removal from the Communist Party of Vietnam in June 2022 for involvement in the Việt Á corruption scandal. During his term as Minister of Health, he was in acting capacity from July to November 2020. He has been noted for being one of the chief strategists of the response of the Vietnamese government to the COVID-19 pandemic. Career Long graduated in Infectious Medicine from Hanoi Medical University in 1995 and received his doctors degree in 2003. He received the title of Professor in 2013. Between 2005 and 2011, he oversaw HIV/AIDS prevention at the Ministry of Health and from 2011 to 2018 he served as Deputy Minister of Health, before being appointed Deputy Director of the Central Propaganda Department. At the start of the COVID-19 pandemic, he returned as Deputy Minister of Health and since July 2020 as acting Minister of Health. He has been credited as one of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nguyễn Đức Chung
Nguyễn Đức Chung (born August 3, 1967) is a former Major General of the Vietnam People's Public Security and Vietnamese politician. He is a former Chairman of the Hanoi People's Committee. In August 2020, he was prosecuted and detained. Đức Chung used to be Director of Hanoi City Police (2012-2016), a member of the 13th National Assembly of Vietnam (2011-2016), a member of the Hanoi delegation, member of the National Judiciary Committee session 13. In the Communist Party of Vietnam, he served as a member of the 12th Central Committee of the Vietnamese Communist Party, Deputy Secretary of the Hanoi Party Committee. He was temporarily suspended from work for 90 days from August 11, 2020, to investigate, verify and clarify related responsibilities in a number of cases. On September 25, 2020, he was officially dismissed from all positions. Prior to that, his private driver and secretary had both been detained for investigation into the theft of State secrets. On November 22, 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Đinh La Thăng
Đinh La Thăng (10 September 1960) was a former Minister of Transport, former Communist Party Secretary of Ho Chi Minh City, and former member of the Politburo. On 22 January 2018 he became the first top Party official in several decades to be tried and sentenced to prison for corruption. Early life and political career Đinh La Thăng was born in 1960 in Yên Bình Commune, Ý Yên District, Nam Định Province, and graduated from the University of Hanoi's School of Finance and Accounting (now the Academy of Finance). He was a member of the 10th and 11th Central Committees of the Communist Party of Vietnam, a member of the 12th Politburo of the Communist Party of Vietnam, and also a member of the National Assembly of Vietnam from the XIth through XIIIth sessions. Before becoming the Minister of Transport, he was the Chairman of the Board of PetroVietnam, the national oil and gas company; Deputy Secretary of the Communist Party of Thừa Thiên–Huế Province (November 2003 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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