Vietnam vice minister apologizes to Japan for “$2 Billion loan” gaffe

[NiceGuy]

Niceguy should watch out for VCP roaming around or he might end up in the slammer once again

Dude, we have the right to show our disapointmetn to the Govt on internet as long as we dont turn it into action.

 

[pigtaker]

There is no way to stop corruption in VN except war happen or some countries invade us again .and people r forced to remove bad Govt. and find a better leader.

Our Govt is just like Kim's family in NK, cant remove them , thats why many VNese prefer a closer tie wt US-France to Japan coz US-France have a strict rules to corrupted Govt when JP-China Govt. willing to support corrupted Govt to make dirty money from poor people.

niceguy, be careful, vietcong may be watching you.

 

[BoQ77]

niceguy, be careful, vietcong may be watching you.

We always feel free to post those. Don't worry. We are living in Vietnam.

 

[NiceGuy]

Are you really serious right now? You know how strict we are regarding corruption right? We have already threatened to cancel ODA to Vietnam BECAUSE of the corruption in your government.

In fact, Japan is probably the MOST serious about corruption issues with foreign aid sent to foreign nations.

As to your remark about France and United States. Do you understand that they do not even compare to the level of investment Japan has in your country right? You understand that Japan is the #1 Greatest Investor into your country right? There is no comparison , bud.

Btw, you should know that any investments with France and USA come with "strings attached".



Vietnam - Japan continue bilateral dialogue on anti-ODA corruption - News VietNamNet

Let me tell u the Truth that there r many dirty trick to our poor people on ODA project. For example the Can Tho bridge funded by ODA collapse, many poor workers died . Every VNese know there is corruption in the project, but no VN official r in jailed coz Japan took all fault to them.

My relative is one of the managers in the project, and we all knew the Truth lead to the collapse of the bridge, we just didnt speak out.

Japanese diplomat honors Vietnam bridge's casualties
By Hanh Nguyen, Thanh Nien News

CAN THO - Wednesday, November 05, 2014 21:41Email Mekong Delta yet to fully enjoy new bridge's benefits[/paste:font]

• World's 7th longest bridge opens in Mekong Delta

• PM Dung calls for timely completion of Can Tho Bridge

During a trip to promote investment in the Mekong Delta, Japanese Consul General Nakajima Satoshi visited a pagoda where he burned incense for the 55 construction workers who died building the Can Tho Bridge in 2007.
Standing before the commemorative stele at the nearby Bo De Pagoda, Satoshi once again expressed his condolences to the families of the workers who died in the collapse which occurred on September 26.
On that day, two massive spans collapsed on the Vinh Long Province side of the bridge as roughly 120 construction workers were positioned 30 meters above the road and 100 others were working on the ground.
Eighty men survived with injuries.
Satoshi and a group of Japanese delegates visited the site and the victims' bereaved families.
“When driving across this bridge, I always remember the accident and the 55 victims,” he said.
He said the bridge, located on the backbone National Highway 1A in the Mekong Delta, has contributed significantly to the region’s development.
That progress can be directly attributed to the brave sacrifice of the workers who were so commited the spirit of bilateral cooperation, he said.
Satoshi was visiting Vinh Long, Can Tho and Soc Trang to promote cooperation and investment.
He said Japan can further assist Vietnam as it develops its infrastructure and improves its overall agricultural productivity throughout the Mekong Delta.
“We are encouraging enterprises to survey and invest in the Mekong Delta,” he said.
Construction of the US$342 million Can Tho Bridge began in 2004 and completed in 2010 to replace a ferry on the Hau River – a tributary of the Mekong River.
The bridge shortened the travel time from Can Tho to Vinh Long by half an hour.
It became Southeast Asia’s longest cable-stayed bridge with total length of 2,750 meters (9,022 feet) and was funded with Japanese aid.
The accident was considered the most serious disaster in Vietnam's history.

Japanese diplomat honors Vietnam bridge's casualties | Politics | Thanh Nien Daily

The accident was considered the most serious disaster in Vietnam's history.

 

[William Hung]

niceguy, be careful, vietcong may be watching you.

Do you dare to say anything negative about China or Chinese people? Most PRC chinese here are the ones that is scared to say bad things about china.

 

[NiceGuy]

niceguy, be careful, vietcong may be watching you.

Yeah, maybe , but they dont wanna waste time wt me, I have been showed my dissatisfied since I came here (abt 3 years).

And My Govt. is not so dirty to the people like ur Govt.

 

[Aepsilons]

Let me tell u the Truth that there r many dirty trick to our poor people on ODA project. For example the Can Tho bridge funded by ODA collapse, many poor workers died . Every VNese know there is corruption in the project, but no VN official r in jailed coz Japan took all fault to them.

My relative is one of manager in the project, and we all knew the Truth lead to the collapse of the bridge, we just didnt speak out.

The accident was considered the most serious disaster in Vietnam's history.

Exactly, that disaster happened back in 2005-2006. I do hope that the pledge of the Vietnamese Government to Japanese Government regarding the transparency initiative we had agreed to last year will be implemented. The level of corruption in Vietnam is something that needs to be addressed.

 

[BoQ77]

Do you dare to say anything negative about China or Chinese people? Most PRC chinese here are the ones that is scared to say bad things about china.

Do you mean they are not independent guys as us?

 

[NiceGuy]

Do you mean they are not independent guys as us?

They r normal Chinese, but they dont have the right to show their dissatisfied to their leader and Mr.Xi's family like VNese

Thats why, China is on the black list of human right watch when VN is not .

 

[William Hung]

Do you mean they are not independent guys as us?

You don't need me to answer this, you can see for yourself on PDF.

 

[Carlosa]

I don't agree that project.

That project has the corruption label written all over it and lets not forget that one of the reasons for the project is that they want to use the old airport as a golf course. I don't believe the excuse that the old airport doesn't have enough land to expand since its actually a bigger space than Singapore and Bangkok airports.

 

[Carlosa]

If I remember, it's 8 billion, not 18 billion.
And yes, I agree. It's too expensive for a phase 1 : capacity 25 million passenger. ( phase 2: 50 million; phase 3: 100 million )

As I read KLIA 2 : 45 million passenger capacity: cost just about 1.5 billion

Its 18 billion for all 3 phases of the project.

 

[LeveragedBuyout]

In fact, Japan is probably the MOST serious about corruption issues with foreign aid sent to foreign nations.
...
Btw, you should know that any investments with France and USA come with "strings attached"

Are you certain about this?. Japan's anti-corruption stance is relatively new, and still doesn't approach the breadth and reach of the US Foreign Corrupt Practices Act, which affects US nationals both at home and abroad, and also foreign nationals in the US. To illustrate:

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CC0QFjAB&url=http://www.lw.com/thoughtLeadership/bribery-and-corruption-japan&ei=oK1lVKn7Ca7CsATn4IDYBw&usg=AFQjCNHqQZU7CL4zoAg6x1Al4-l7dEx9cg&bvm=bv.79142246,d.cWc

Bribery of foreign public officials

Japan has been a member of the Organisation for Economic Co-operation and Development (“OECD”) since 1964. It implemented the 1997 OECD Anti-Bribery Convention in 1998, by amending the Unfair Competition Prevention Law (“UCPL”) to add Article 18, which criminalised bribery of foreign public officials. Additional law was enacted in 2004 to broaden the jurisdiction of Article 18 to cover conduct by Japanese nationals while abroad. Also, the Tax Law was amended in 2006 to prohibit the deduction as business expenses of bribes paid abroad. Unlike the Penal Code, the UCPL expressly imposes criminal liability on legal persons (firms and organisations).

Article 18 was intended to track the language of the Anti-Bribery Convention, and provides as follows:

No person shall give, offer or promise any pecuniary or any other advantage, to a
foreign public official, in order that the official act or refrain from acting in relation to
the performance of official duties, or in order that the official, using his position, exert
upon another foreign official so as to cause him to act or refrain from acting in relation
to the performance of official duties, in order to obtain or retain improper business
advantage in the conduct of international business.
​

Originally, the penalty for bribery of a foreign public official was imprisonment with work for not more than 3 years or a fine of not more than 3 million yen, or both, and the statute of limitations for natural persons had been 3 years; but in response to the OECD’s recommendations, the penalties were increased to 5 years and 5 million yen, and the limitations period was also extended to 5 years. In addition, if an individual bribed a foreign official in connection with the business of a legal person, such legal person may be subject to a fine of not more than 300 million yen. The law does not provide for confiscation of the proceeds of bribing a foreign public official.

The Ministry of Economy, Trade and Industry (“METI”) administers the UCPL, including Article 18, but prosecutions under Article 18 are handled by the Public Prosecutors Offi ce. METI’s website includes a section dedicated to the prevention of bribery of foreign officials, and provides detailed “Guidelines to Prevent Bribery of Foreign Public Officials” in Japanese and English that explains the law, as well as what companies can do to prevent bribery.
​

Now, to be fair, corruption and illegal business practices still occur in the US, especially in the accounting realm. Prosecutions for corruption are a regular feature of our Justice Department. The article also notes Japan's high score in the Transparency International Index (higher even than the US). But again, specifically referring to foreign investments, the Foreign Corrupt Practices Act is probably only rivaled by the UK's Bribery Act. And that's just addressing the private investment side.

On a public finance level, it's a hard case to make that Japan is the most serious against foreign aid-related corruption. The attached strings you mentioned that USAID imposes specifically address human rights, labor rights, and market access, which serve as an additional check on misuse of the funds (and USAID is also regularly audited to follow up on the use of its funds). That's one of the reasons why the US has refrained from putting money into places like Vietnam and Myanmar, which are increasingly popular with Japan, but still have serious corruption and human rights issues (and thus the dearth of US MNC involvement in those countries, among others, despite their favorable economic outlooks).

It's good that Japan is serious about fighting corruption in the use of its ODA, but please don't denigrate US efforts in that area, as they predate Japan's by decades.

 

[Carlosa]

I understand that. The point I'm trying to make is that Vietnam needs to sack any official or official(s) that have a history of propagating this pilfering culture.

I think that will be a bit difficult since the people in charge of anti corruption are themselves corrupted and they were appointed to those positions by their bosses, which of course are also corrupted.

 

[Kyle Sun]

Air port Long Thanh project is in "Project Report" stage now.

View attachment 151147

Viet Airline has very ugly Green/Blue coating. I just saw it one week ago in Shang Hai airport.