Ensuring the right to information in Vietnam – One step of many

While there is still a long way towards effective implementation, Vietnam finally has a law affirming citizens’ right to information. Transparency International’s national chapter actively contributed to the legislative process, helping ensure a stronger legal framework.

Transparency Int’l – 14 April 2020

When Vietnam’s Law on Access to Information took effect in July 2018, it was long overdue. For many years, citizens had found it very difficult to get government guidance on vital issues like health care, borrowing and employment. Businesses had needed to use personal connections to access information held by state agencies, which regularly refused to clarify policies and share socio-economic development plans. Needless to say, few businesses and citizens could hold their government accountable using information.

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Accessing the 45 largest companies in Vietnam – Transparency in Corporate Reporting 2018

Hanoi, 21 August 2018.

Vietnamese companies do not perform well in reporting on their anti-corruption programs. However, they outperform their foreign counterparts on the disclosure of their organizational structure and ownership., thanks to local existing regulations. FDI companies are far ahead their local counterparts in disclosing their anti-corruption programs. None of the companies operating outside of Vietnam discloses key financial information for countries where they operate.

These are some highlights of the key findings of the report “Transparency in Corporate Reporting: Assessing the 45 largest companies” (TRAC Vietnam 2018), released today by Towards Transparency (TT), the National Contact of Trasparency International (TI) in 3 dimensions: anti-corruption programs, organizational structure and financial information on a country-by-country basis. Tiếp tục đọc “Accessing the 45 largest companies in Vietnam – Transparency in Corporate Reporting 2018”