International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

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 Volume 9, Issue 11 (November 2022), Pages: 71-76

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 Original Research Paper

 Bribery in business sector: Vietnam's regulation and current situation

 Author(s): Vu Van Hung 1, Nguyen Duy Dung 2, *

 Affiliation(s):

 1Faculty of Law, University of People's Security, Ho Chi Minh City, Vietnam
 2Faculty of Law, Nguyen Tat Thanh University, Ho Chi Minh City, Vietnam

  Full Text - PDF          XML

 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0001-8091-2103

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2022.11.008

 Abstract:

Corruption is a negative phenomenon appearing in many subjects of society. In Vietnam’s business sector, the most common form of corruption is bribery. Bribery to falsify business activities undermines development, and innovation reduces labor productivity and hinders the correct policies of the Government. In recent years, Vietnam’s economy has been developing rapidly. However, besides the economic development, Vietnam is facing many problems in business, such as bribery, which is considered an "inevitable" issue when doing business in Vietnam. Previous studies have focused on bribery in Vietnam. However, most researchers are concerned with the consequences of bribery, the effects of bribery on socio-economic, and the Government anti-corruption policy. There is no in-depth research to analyze the legal framework and clarify the situation in a narrow field such as bribery in business in Vietnam. Our study will evaluate Vietnam's regulations on anti-bribery in business and analyze the current practice of this problem, which focuses on clarifying the situation of enterprises bribing officials and assesses the extent of the act of bribery, thereby providing a general overview of bribery in business in Vietnam.

 © 2022 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Bribery, Business sector, Regulation, Current situation, Vietnam

 Article History: Received 9 April 2022, Received in revised form 19 July 2022, Accepted 28 July 2022

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Hung VV and Dung ND (2022). Bribery in business sector: Vietnam's regulation and current situation. International Journal of Advanced and Applied Sciences, 9(11): 71-76

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