People often think that corruption is somehow related to social problems or politics more than to business. However, corruption in Vietnam is a big problem which the government have to strive different ways to reduce it. Corruption normally has bad effect on investment and economic growth. The article U.S. Falls in Annual Corruption Survey by David Jolly has reminded me about this problem. I also looked at the Corruption Perceptions Index 2010 Result and found my country's ranking is 116 with really high score while U.S. is much better with the rank of 22.
You can access the full article at:
http://www.nytimes.com/2010/10/27/business/global/27ranking.html?ref=business
Or look at the ranking table at:
http://www.transparency.org/policy_research/surveys_indices/cpi/2010/results
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