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1. List the main values and ethics of one of the companies/organizations

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1. List the main values and ethics of one of the companies/organizations

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Main values & ethics: Credibility - Integrity - Creativity - Speed - Quality - Humanity

Credibility: Vingroup protects its credibility and build trust by providing products and services that go beyond expectation

Integrity: Vingroup’s internal team follows the law, professional - social ethics, and customer-service approach (customer satisfaction is most important)

Creativity: They are always eager to learn and apply modern technologies into its production and management process to improve product & service quality

Speed: They strive to meet deadlines but still ensuring efficiency and quality in every activity/project

Quality: Vingroup gathers the most suitable people who has solid skills, knowledge and ethics to provide the best product & service possible. Employees will also be put into suitable positions so they can grow more.

Humanity:

Vingroup aims to improve people’s lives in Vietnam

Builds a professional and collaborative working environment that values discipline, loyalty, social responsibility and fair opportunities for employees

Builds good relationship with every stakeholder

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2. Discuss why you believe this organization must uphold its codes of conduct/ethics.

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2. Discuss why you believe this organization must uphold its codes of conduct/ethics.

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Vingroup must uphold its code of conduct and ethics because they are one of the leading companies that represents Vietnamese brand and reputation on an international level. If they don’t follow business ethics, it will leave a bad impression on international partners. Vingroup is also providing a lot of services so they must uphold ethics to maintain trust and loyalty among customers and other stakeholders, and continue to grow their business.

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3. To the best of your knowledge, do these companies uphold their values? Has there been any scandal in the news?

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3. To the best of your knowledge, do these companies uphold their values? Has there been any scandal in the news?

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1. In my opinion, Vingroup was known for upholding its values and maintaining a relatively positive reputation, as it has been recognized for its commitment to sustainability and corporate social responsibility.

Obviously, doing business cannot avoid scandals, but there is little of Vingroup’s scandal shown on the Internet due to the company’s immediate responses and solutions to the scandals.

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4. What does this company do to managers or providers, when these ethics/codes of conduct are violated?

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4. What does this company do to managers or providers, when these ethics/codes of conduct are violated?

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According to recent research, Vingroup had established procedures and policies for addressing ethics or code of conduct violations by managers or providers.

Internal Investigation: to gather facts and evidence related to the alleged violation.

Disciplinary Action: can range from verbal or written warnings to suspension, termination of employment, or legal action if the violation involves criminal behavior.

Remedial Actions: include implementing new policies or procedures to prevent similar violations in the future.

Reporting to Authorities: cooperate with law enforcement agencies in the investigation and prosecution of the responsible individuals.

Reevaluation of Policies: to review and strengthen its ethics and code of conduct policies to prevent future violations.

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5. Critical Thinking: What do these ethics make you think about this company in terms of Ethical Business Values? Explain your response.

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5. Critical Thinking: What do these ethics make you think about this company in terms of Ethical Business Values? Explain your response.

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To Vingroup  they protect the credibilities and beliefs values as the company recognises them as the core advantage to grow against their competitors. Vingroup’s corporate culture state their thorough caring attitude towards their stakeholders’ (customers, business partners, colleagues, and investors)  relationships. Vingroup harmonize corporate goals with community contribution:

Convert Vinmec, and Vinschool into non-profit models

Invest in Vineco’s high-tech agriculture with the goal of bringing safer food to Vietnamese people.