A state entity, as well, commits to a graft-free billion-dollar project. Will the anticorruption pledge take hold nationwide?
Giant chipmaker Intel made August headlines in Vietnam when it signed a pact with the government-owned Saigon Hi-Tech Park, where it is building a $1 billion factory, to fight against corruption and any improper business conduct.
Vietnam, for all of its buzz of economic activity, remains high on Transparency International's list of the world's most corrupt countries. Prime Minister Nguyen Tan Dung has promised to combat graft, and Intel (nasdaq: INTC - news - people )'s deal was taken as a sign of governmental resolve. This is the first time a state agency made such a deal. It's also a first for Intel in its foreign investments. Cont....
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