COTECCONS COLLABORATED WITH VILAF IN A TRAINING ON FOREIGN CORRUPT PRACTICES ACT (FCPA) COMPLIANCE AND VIETNAMESE ANTI-CORRUPTION LAWS

Recently, Coteccons collaborated with VILAF in a training on Foreign Corrupt Practices Act (FCPA) compliance and Vietnamese anti-corruption laws. The training was led by Tra Nguyen and Esko Cate, both lawyers at VILAF with extensive experience in anti-corruption and compliance matters, accompanied by the sharing of Mr. Christopher Senekki, Deputy General Director of Coteccons. Participating in the course were representatives of investors, consultants, all members of Lego Factory's Board of Directors, and key partners such as Shinryo VN and UG M&E. In the first part, Mr. Christopher Senekki, Deputy General Director of Coteccons, shared about "Coteccons' policy of business conduct." Specifically, Coteccons is committed to maintaining the highest standards of ethics and integrity in all its business dealings and continuously improving the quality of project implementation and operation to build a reputation based on honesty, fairness, respect, responsibility, integrity, trust, and sensible business judgment.

(L-R) Foreign Associate Esko Cate, Associate Tra Nguyen, and Coteccons Deputy CEO Chris Senekki

At the training session, the two VILAF speakers provided in-depth training, ensuring that the legal requirements and the most effective ways to prevent corruption and maintain compliance were clearly understood. The training session covered a wide variety of topics, including the FCPA, Vietnam's anti-corruption regulations, and internal controls. Being interactive with case studies, the training session not only provided plain theory but also helped employees understand how to identify and prevent potential cases of corruption. "Coteccons’ commitment to compliance and ethical business practices is commendable, and we are honored to have had the opportunity to work with them and others in the business community in Vietnam to promote compliance, making Vietnam a better place to do business in a professional manner," shared Esko Cate. Mr. Duong Trong Nghia, Lego Project Manager, shared: "I feel extremely proud of the journey we have gone through. We, the ones who carry the Coteccons DNA, have been upholding the highest standards of ethics and integrity in all of our business activities. And Coteccons will accompany the investors to create the sixth LEGO factory in the world, which will be a carbon-neutral factory from the very beginning when it opens in 2024, working together towards being environmentally friendly and sustainable. That is the highest mission." Coteccons believes that honesty and integrity are the foundation of everything we do. Therefore, we always take the initiative to maintain compliance, thereby promoting fair and transparent business activities.