Increasing transparency and accountability is a key to the success of Vietnam ’s battle against corruption, Swedish Ambassador to Vietnam Staffan Herrstrom has said.

Speaking at a press briefing on the threshold of the ninth Anti-Corruption Dialogue in Hanoi on May 24, Ambassador Herrstrom spoke highly of the dialogue’s theme, “Corruption in the Mining Industry in Vietnam ,” as the issue will have negative impacts on the country’s sustainable development and trust in its business environment.

The diplomat congratulated the Vietnamese Government on the organisation of the biannual dialogue which systematically mentions and regularly updates the corruption issue within the framework of dialogue with domestic and foreign partners.

He also asked the Government of Vietnam to create conditions for individuals and organisations to join the anti-corruption efforts.

He said he expected the dialogue, to be held on May 25, to discuss measures to implement the Extractive Industries Transparency Initiative (EITI) in Vietnam , as a tool to combine the efforts of the Government, civil society, media and private sector in the battle against corruption in the mining industry.

The dialogue will be jointly held by the Government Inspectorate, the Office of the National Steering Committee on Corruption Prevention and the Swedish Embassy.

EITI is being implemented in 35 countries worldwide, including those with abundant natural resources contributing 25 percent or more to their respective GDP.

In Vietnam , mining is one of the fastest developing industries which contributes greatly to the State budget.

The Southeast Asian country ranks seventh in Asia-Pacific and third in Southeast Asia in crude oil production./.