Vietnam slides in global corruption index, amid anti-graft campaign

Vietnam slides in global corruption index, amid anti-graft campaign
Vietnam slides in global corruption index, amid anti-graft campaign

Hello and welcome to the details of Vietnam slides in global corruption index, amid anti-graft campaign and now with the details

Nevin Al Sukari - Sana'a - Vietnam, which is highly reliant on foreign investment, dropped to a rank of 83 last year in the index of 180 countries from 77 in 2022, and its score fell to 41 from 42, according to a 0-100 scale where 0 means highly corrupt. — Reuters pic

HANOI, Jan 30 — Vietnam slid in Transparency International’s 2023 Corruption Perceptions Index published today, amid the intensification in the Communist-ruled country in the last months of a major anti-graft campaign.

The southeast Asian nation, which is highly reliant on foreign investment, dropped to a rank of 83 last year in the index of 180 countries from 77 in 2022, and its score fell to 41 from 42, according to a 0-100 scale where 0 means highly corrupt.

The index ranks countries by their perceived levels of public-sector corruption according to experts and businesspeople.

Vietnam’s lower score coincided with a major crackdown on corruption last year which led to arrests and jail terms for deputy ministers, investigations of hundreds of officials and the dismissal of the then President Nguyen Xuan Phuc.

Advertisement

The “blazing furnace” anti-graft campaign, which is still in full swing, has intensified despite its negative effects on the economy as officials have often delayed investment decisions for fear of legal consequences amid sprawling investigations.

Vietnam’s poorer showing in the index follows improvements in the previous two years, but still leaves the country in a better position than many of its regional peers, with Indonesia, the Philippines and Thailand considered more corrupt. — Reuters

Advertisement

These were the details of the news Vietnam slides in global corruption index, amid anti-graft campaign for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT What to expect from Nato’s new chief Mark Rutte? Don’t expect a revolution, just steady leadership in turbulent times

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]