News & Events

Regularly update news & events about business integrity

Facilitate businesses to develop internal control toward business integrity

Sign MoU between VCCI and VIMC to provide TA on development of internal control system in compliance with international standards

February 21st 2020, in Hanoi, VCCI and VIMC have signed a MoU of providing technical assistance for VIMC to develop internal control system in compliance with international standards. This is an an activity of the Government and Business Integrity Initiative (GBII) implemented by VCCI under the UNDP’s Regional “Promoting A Fair Business Environment in ASEAN” project.

The ceremony was attended and witnessed by Mr. Nguyen Canh Tinh, Acting General Director of VIMC and the Board Members as well as Advisory Board, Mr. Nguyễn Quang Vinh, VCCI Secretary General cum Director of SDforB, Mr. Jon Lambe, British Ambassador in ASEAN, Mr. Stephan Taylor, Head of Politics, Bristish Embassy in Hanoi, Mr. Matthew Doidge in charge of ASEAN. Mrs. Sitara Syed, Deputy Chief Representative of UNDP in Vietnam.

The technical assistance program for VIMC to build the internal control system according to international standards helped VIMC conduct overview assessment and evaluate the status of the internal control system which included control environment and risk evaluation. This TA is supportive to standardize internal control systems (review of regulations, internal control strategies and policies, operational guidelines. internal audit …).

In 2020, VIMC restructured to be joint-stock company.  Along with the change in the management and administration organization, many corporate governance solutions will be implemented. In particular, building an effective internal control mechanism is an indispensable requirement to prevent, detect and handle risks in the operation process and ensure the rights and interests of shareholders. at VIMC.

Share articles:
Project news

Below, please kindly find the entire opening speech by Mr.…

22.12.2022
452 views

Hanoi, 21 September 2022 – Viet Nam Business Integrity Index…

21.09.2022
473 views
Project news

In recent years, the issue of business integrity has come…

20.01.2022
828 views