Vietnamnet.vn
Podcast
underground fee
Update news underground fee
Businesses have to pay “underground” fees to lubricate government apparatus
VietNamNet Bridge - Eighty-nine percent of foreign-invested enterprises (FIEs) say if they do not pay “commissions” to state agency officials, they will meet with unfortunate action or behavior.
State-owned enterprises’ under-the-table fees a burden on businesses
It is difficult for businesses to calculate their production costs because they not only have to pay official fees but under-the-table charges as well.
Loosened regulations cause capital undercurrents, threatening economy
Defined as the credit activities which occur outside banks, shadow banking has become a new big threat.
Under the table fees burden businesses
Sixty three percent of enterprises said they always have to pay under the table fee to state officials in order to expedite their administrative procedures.
