The country falls three places in corruption index compared to last year.
Vietnam has ranked 119 out of 174 countries and territories in the Corruption Perceptions Index 2014, down from 116th place last year, with a score of 31.
Prepared by Transparency International, the Corruption Perceptions Index ranks countries based on a 100-point “corruption perception” scale, where zero equals a “highly corrupt” perception and 100 means the country is perceived to be clean. This year’s index ranked 174 countries and territories based on the perceived level of corruption in the public sector among businesspeople and country experts.
The Index highlights the problems emerging economies face regarding public sector corruption, misappropriation of funds, and bribery, said Mr. Jose Ugaz, Chairman of Transparency International.
Vietnam was ranked sixth in Southeast Asia, following Singapore, Malaysia, the Philippines, Thailand and Indonesia. Denmark and New Zealand were seen as the world’s least corrupt countries this year, with scores of 92 and 91, respectively. Meanwhile, North Korea and Somalia shared bottom place, picking up just eight points.
Addressing the Vietnam Business Forum 2014 on December 2, Prime Minister Nguyen Tan Dung targeted anti-corruption as a priority for 2015. The PM also proposed a number of solutions, including the completion of the market economy in accordance with reforming administrative procedures, being transparent in asset, budget, mineral resources, and State-owned enterprise management, and strictly dealing with corruption.