IMPACTS OF FINANCIAL AUTONOMY ON FINANCIAL RESOURCES AT VIETNAM PUBLIC UNIVERSITIES

Abstract

This study employed document analysis method in combination with surveys with leaders to collect data. Several important findings regarding financial autonomy in the context of Vietnamese and interternational universities were identified. First, the majority of Vietnamese public universities believe that financial autonomy constantly has a positive impact on their financial resources and that the implementation of financial autonomy is always favorable. Second, most of the universities were not sure about the possible impact while some universities alluded to negative impacts. The findings revealed the majority of universities documented an increased level of financial autonomy. 75% of universities reported an increase in total revenue, 72% of universities in non-state budget revenues and 88% of universities in the income of staff and lecturers. However, 25% of universities reported a decrease or no change in their revenue, 12% of universities showed a decrease or no change in the income of staff and lecturers. From there, some conclusion regarding finacial autonomy in Vietnamese university context were made.