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Anti-Corruption

Corruption can pose a serious barrier to trade and might cause Danish companies loosing orders in foreign markets. The Trade Council can assist you with market-specific information, counseling and useful tools to prevent corruption.

Experience shows that knowledge and systematic risk management can prevent much of the corruption to which companies are exposed. Thus, the Trade Council offers counseling and simple tools to control such hazards. Today, anti-corruption requirements placed on companies are increasing rapidly.

The Embassy of Denmark in Vietnam can help with the following anti-corruption tasks:

  • Country specific information about corruption, including information about particularly exposed markets, sectors, and regions.
  • Risk assessment on the basis of the company’s present and potential market situation.
  • Assistance concerning identification and preliminary screening of agents, consultants, and distributors.
  • Help with preparation of contracts in which anti-corruption is incorporated.
  • Guidance concerning public offerings.
  • Access to a network of local organizations dealing with corruption issues.
  • Information about relevant national and international anti-corruption legislation.
  • Assistance in relation to public authorities.

You can find further information about how companies can avoid corruption on the Ministry of Foreign Affairs’ anti-corruption portal here

You can find information on laws and guidelines on corruption from the Danish Ministry of Justice at www.jm.dk

The Trade Council has implemented an internal anti-corruption policy establishing clear guidelines on how Trade Council staff is to respond to corruption and bribery. The internal policy is founded on a “zero-tolerance-principle” towards corruption and bribery.

All Trade Council employees at representations abroad as well as in Copenhagen are obligated to report any knowledge of Danish companies involved in bribery. The same applies to the awareness of Trade Council staff, including locally employed staff, giving or receiving bribes.

Reporting should be made to the Ministry of Foreign Affairs, where after the Ministry will decide on further action including potential notification to Danish and foreign authorities. This applies regardless of whether the bribery has taken place in Denmark or abroad, and regardless of how the information came into The Trade Council's possession.
 
For further information please download  The Trade Council’s anti-corruption policy