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Integrity and Transparency in Business Initiative for Vietnam
Quick facts for this project:
|Project Partner Organizations:||International Business Leaders Forum (IBLF), United Kingdom|
|Country of implementation:||Vietnam|
|Duration (in years):||3 years*|
|Funding volume in US-Dollar (million):||0.5 M|
The initiative’s aim is to mobilize the business community in Vietnam around the challenges of integrity, transparency and corruption.
The initiative aims at bringing companies operating in Vietnam together to work towards improving integrity and transparency of the way business is conducted. It is expected that the key objective will be achieved by focusing on three main activities:
It is believed that the achievements from implementing these activities will be scaled up, to have greater impact on the sustainable improvement of transparency and integrity in doing business in Vietnam.
The Office for Business Sustainable Development (SDforB) was established in 2006 by the Vietnam Chamber of Commerce and Industry (VCCI) which is an independent, non-governmental and national organization representing the Vietnamese business community, business associations, and employers for the promotion and protection of their interests in domestic and international relations. Furthermore, the Chamber has served as a forum for the exchange of information and ideas among businesses and between businesses with governmental authorities on matters concerning economic activities, the business environment, and sustainable development in Vietnam. As an integral part of VCCI, SDforB concentrates on support and orientation activities to assist the Vietnam business community and entrepreneurs in achieving sustainable development and productive integration in the 21st century.
Vietnam Chamber of Commerce and Industry, VCCI
This project is supported by Siemens as part of the Siemens Integrity Initiative.
Source: Project profile provided by the Integrity Partner as at date of funding agreement. For updates kindly refer to the latest Siemens Integrity Initiative Annual Report.
* SDforB/VCCI scheduled to end the project officially by end of December 2012 according to the approval of the Government. Accordingly Siemens agreed with SDforB/VCCI to end also the part of the project that is funded by Siemens. Given the Siemens AG financial year and the scope and timing of the approved budgets and approved work plans, Siemens AG and SDforB/VCCI have mutually discussed and agreed to cease actual project activities as of 30 June 2012, and to cease funding by 30 September 2012 in order to allow for the preparation of final reports.