PROJECT WEB PAGE:

• FairBiz - Promoting a Fair Business Environment in Viet Nam
• FairBiz - Promoting a Fair Business Environment in ASEAN

PROJECT SUMMARY

• This project, carried out by the UNDP in cooperation with the UK government, aims to promote fair, transparent and predictable business environments in dynamic ASEAN countries. By working with both governments and the private sectors, the project focuses on six countries in ASEAN and Viet Nam is one of the priority countries.
• The project will help develop transparent systems in both public and private sectors, champion responsible business practices, as well as strengthen rule of law and anticorruption mechanisms.
• This is the first project to be funded by the UK Prosperity Fund in Southeast Asia, as part of its Economic Reform Programme. The UK Prosperity Fund will provide £1.2 billion globally to reduce poverty by promoting economic reform and development to boost inclusive growth in middleincome countries.

OBJECTIVES

• Objective 1: Anti-corruption - To promote the adoption and implementation of the revised Anti-Corruption Law, especially the business related provisions and other relevant laws, policies and tools that foster a fair business environment.
• Objective 2: Business Integrity - To promote business integrity and compliance mechanisms for private sector and state-owned enterprises. 
• Objective 3: Redress Mechanisms - To promote the development of effective dispute resolution mechanisms, including for public-privaate dispute settlements.

EXPECTED RESULTS

• Provide legal advice on the revised anti-corruption law as it relates to the private sector and support its implementation by developing guiding manuals and tools
• Support the institutionalization of Anti-Corruption Assessment indexes at provincial and ministerial levels
• Provide capacity building for private companies and state-owned enterprises to adopt and apply codes of conduct and internal control mechanisms
• Improve the legal framework for dispute resolution and strengthen capacities of judiciary officers in handling disputes
• Promote peer-to-peer learning between judiciaries in Viet Nam to enhance transparency in the court system
• Promote business integrity for new businesses (including startups) by capacity-building for mentors and young entrepreneurs, developing business integrity investment toolkit for investors, self-assessment toolkit for new businesses, and creating Business Integrity Chatbot

KEY ACHIEVEMENTS

2018

• New Anti-Corruption Law was adopted by the National Assembly at its 6 session on 20th November 2018 and came into effect on 1st July 2019 with a new Chapter on preventing & combating corruption in non-state enterprises and organizations.
• Consultation workshops, business forums on AC Law, the preventing and combating corruption in the private sector were organized.
• A study on codes of conducts and internal control mechanisms for enterprises were conducted.
• A module for training program of the Court Academy on handling international commercial disputes was developed.
• A hundred of judges, lawyers and justice officers acquired new capacity on settling disputes through the application of international conventions by participating in the workshops and trainings we organized.

2019

• Manuals on codes of conduct and internal control mechanism for business were developed.
• 152 companies have better understandings through a series of trainings on codes of conduct and internal control mechanisms.
• 300 judges have improved capacities on resolving international trade disputes.
• 14 business associations signed Business Integrity Pledge as a commitment towards social responsibility and accountability.

MORE ABOUT THE PROJECT, PLEASE VISIT:

• Project's Web Page: 
  1. FairBiz - Promoting a Fair Business Environment in Viet Nam
  2. FairBiz - Promoting a Fair Business Environment in ASEAN
  3. Business Integrity

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