{"id":91096,"date":"2026-04-15T16:29:00","date_gmt":"2026-04-15T09:29:00","guid":{"rendered":"https:\/\/tcvn.gov.vn\/?p=91096"},"modified":"2026-06-02T16:35:44","modified_gmt":"2026-06-02T09:35:44","slug":"nang-cao-hieu-qua-hoat-dong-cua-doanh-nghiep-nha-nuoc-goc-nhin-tu-khung-nguyen-tac-quan-tri-cong-ty-cua-oecd","status":"publish","type":"post","link":"https:\/\/tcvn.gov.vn\/nang-cao-hieu-qua-hoat-dong-cua-doanh-nghiep-nha-nuoc-goc-nhin-tu-khung-nguyen-tac-quan-tri-cong-ty-cua-oecd\/15\/04\/2026\/","title":{"rendered":"N\u00e2ng cao hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc: G\u00f3c nh\u00ecn t\u1eeb khung nguy\u00ean t\u1eafc qu\u1ea3n tr\u1ecb c\u00f4ng ty c\u1ee7a OECD"},"content":{"rendered":"
T\u1ea1i Vi\u1ec7t Nam, doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc gi\u1eef vai tr\u00f2 quan tr\u1ecdng trong th\u00fac \u0111\u1ea9y t\u0103ng tr\u01b0\u1edfng v\u00e0 \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4. Tuy nhi\u00ean, nh\u1eefng h\u1ea1n ch\u1ebf v\u1ec1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng v\u00e0 ch\u1ea5t l\u01b0\u1ee3ng qu\u1ea3n tr\u1ecb trong b\u1ed1i c\u1ea3nh h\u1ed9i nh\u1eadp v\u00e0 c\u1ea1nh tranh ng\u00e0y c\u00e0ng gia t\u0103ng \u0111\u1eb7t ra y\u00eau c\u1ea7u c\u1ea5p thi\u1ebft ph\u1ea3i \u0111\u1ed5i m\u1edbi m\u00f4 h\u00ecnh qu\u1ea3n tr\u1ecb. M\u1eb7c d\u00f9, Ch\u00ednh ph\u1ee7 \u0111\u00e3 tri\u1ec3n khai c\u00e1c bi\u1ec7n ph\u00e1p c\u1ed5 ph\u1ea7n h\u00f3a v\u00e0 t\u00e1i c\u01a1 c\u1ea5u v\u1ed1n, hi\u1ec7u qu\u1ea3 b\u1ec1n v\u1eefng c\u1ee7a c\u00e1c c\u1ea3i c\u00e1ch n\u00e0y ph\u1ee5 thu\u1ed9c \u0111\u00e1ng k\u1ec3 v\u00e0o vi\u1ec7c n\u00e2ng cao chu\u1ea9n m\u1ef1c qu\u1ea3n tr\u1ecb c\u00f4ng ty. Trong b\u1ed1i c\u1ea3nh \u0111\u00f3, c\u00e1c Nguy\u00ean t\u1eafc qu\u1ea3n tr\u1ecb c\u00f4ng ty c\u1ee7a T\u1ed5 ch\u1ee9c H\u1ee3p t\u00e1c v\u00e0 Ph\u00e1t tri\u1ec3n Kinh t\u1ebf (OECD) cung c\u1ea5p khu\u00f4n kh\u1ed5 quan tr\u1ecdng nh\u1eb1m t\u0103ng c\u01b0\u1eddng minh b\u1ea1ch, tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh v\u00e0 b\u1ea3o \u0111\u1ea3m c\u1ea1nh tranh b\u00ecnh \u0111\u1eb3ng trong qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc. B\u00e0i vi\u1ebft ph\u00e2n t\u00edch \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc, t\u1eeb k\u1ebft qu\u1ea3 \u0111\u1ea1t \u0111\u01b0\u1ee3c, khuy\u1ebfn ngh\u1ecb c\u00e1c gi\u1ea3i ph\u00e1p th\u00fac \u0111\u1ea9y \u00e1p d\u1ee5ng c\u00e1c nguy\u00ean t\u1eafc n\u00e0y, qua \u0111\u00f3 n\u00e2ng cao hi\u1ec7u qu\u1ea3 v\u00e0 ph\u00e1t huy vai tr\u00f2 d\u1eabn d\u1eaft c\u1ee7a doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc trong ph\u00e1t tri\u1ec3n kinh t\u1ebf – x\u00e3 h\u1ed9i c\u1ee7a Vi\u1ec7t Nam trong th\u1eddi gian t\u1edbi.<\/em><\/div>\n
\n

TS. Nguy\u1ec5n Thanh Huy\u1ec1n<\/em><\/strong><\/p>\n

Tr\u01b0\u1eddng \u0110\u1ea1i h\u1ecdc T\u00e0i ch\u00ednh \u2013 Marketing<\/em><\/p>\n

GI\u1edaI THI\u1ec6U<\/strong><\/p>\n

Qu\u1ea3n tr\u1ecb c\u00f4ng ty (QTCT) trong doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc (DNNN) l\u00e0 ch\u1ee7 \u0111\u1ec1 trung t\u00e2m trong nghi\u00ean c\u1ee9u qu\u1ed1c t\u1ebf do vai tr\u00f2 kinh t\u1ebf quan tr\u1ecdng v\u00e0 nh\u1eefng th\u00e1ch th\u1ee9c \u0111\u1eb7c th\u00f9 c\u1ee7a s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc. DNNN ho\u1ea1t \u0111\u1ed9ng trong m\u00f4i tr\u01b0\u1eddng th\u1ec3 ch\u1ebf ph\u1ee9c t\u1ea1p, n\u01a1i c\u00e1c m\u1ee5c ti\u00eau t\u00e0i ch\u00ednh, ch\u00ednh tr\u1ecb v\u00e0 x\u00e3 h\u1ed9i \u0111an xen, t\u1ea1o ra c\u0103ng th\u1eb3ng m\u00e0 c\u00e1c m\u00f4 h\u00ecnh truy\u1ec1n th\u1ed1ng kh\u00f3 gi\u1ea3i th\u00edch (Rajavuori, 2018).<\/p>\n

C\u00e1c nghi\u00ean c\u1ee9u ti\u1ebfp c\u1eadn qu\u1ea3n tr\u1ecb DNNN t\u1eeb nhi\u1ec1u l\u00fd thuy\u1ebft nh\u01b0 \u0111\u1ea1i di\u1ec7n, c\u00e1c b\u00ean li\u00ean quan, ng\u01b0\u1eddi qu\u1ea3n l\u00fd v\u00e0 gi\u00e1 tr\u1ecb c\u00f4ng. Tuy nhi\u00ean, s\u1ef1 \u0111a d\u1ea1ng n\u00e0y \u0111i k\u00e8m v\u1edbi k\u1ebft qu\u1ea3 r\u1eddi r\u1ea1c v\u00e0 thi\u1ebfu t\u00edch h\u1ee3p h\u1ec7 th\u1ed1ng, \u0111\u00f2i h\u1ecfi c\u00e1c nghi\u00ean c\u1ee9u t\u1ed5ng quan \u0111\u1ec3 h\u1ec7 th\u1ed1ng h\u00f3a tri th\u1ee9c (Pandey v\u00e0 c\u1ed9ng s\u1ef1, 2023). \u0110\u1ed3ng th\u1eddi, vi\u1ec7c \u00e1p d\u1ee5ng c\u00e1c nguy\u00ean t\u1eafc qu\u1ed1c t\u1ebf nh\u01b0 T\u1ed5 ch\u1ee9c H\u1ee3p t\u00e1c v\u00e0 Ph\u00e1t tri\u1ec3n Kinh t\u1ebf (OECD) c\u00f2n g\u1eb7p kh\u00f3 kh\u0103n do \u1ea3nh h\u01b0\u1edfng c\u1ee7a y\u1ebfu t\u1ed1 ch\u00ednh tr\u1ecb v\u00e0 th\u1ec3 ch\u1ebf, khi\u1ebfn qu\u1ea3n tr\u1ecb DNNN \u1edf nhi\u1ec1u qu\u1ed1c gia v\u1eabn mang t\u00ednh k\u1ef3 v\u1ecdng h\u01a1n l\u00e0 th\u1ef1c ti\u1ec5n (Johannes et al., 2025).<\/p>\n

B\u00ean c\u1ea1nh \u0111\u00f3, c\u00e1c xu h\u01b0\u1edbng m\u1edbi nh\u01b0 s\u1ed1 h\u00f3a v\u00e0 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng v\u1eeba t\u1ea1o c\u01a1 h\u1ed9i n\u00e2ng cao minh b\u1ea1ch v\u00e0 hi\u1ec7u qu\u1ea3, v\u1eeba \u0111\u1eb7t ra th\u00e1ch th\u1ee9c v\u1ec1 th\u00edch \u1ee9ng th\u1ec3 ch\u1ebf v\u00e0 ph\u00e2n m\u1ea3nh qu\u1ea3n tr\u1ecb (Burlacu v\u00e0 c\u1ed9ng s\u1ef1, 2025). M\u1ed1i li\u00ean h\u1ec7 gi\u1eefa qu\u1ea3n tr\u1ecb v\u00e0 c\u00f4ng b\u1ed1 th\u00f4ng tin b\u1ec1n v\u1eefng ng\u00e0y c\u00e0ng tr\u1edf th\u00e0nh th\u01b0\u1edbc \u0111o m\u1ee9c \u0111\u1ed9 tr\u01b0\u1edfng th\u00e0nh DNNN (Stanciu et al., 2020).<\/p>\n

Theo OECD (2022), \u00e1p d\u1ee5ng c\u00e1c nguy\u00ean t\u1eafc QTCT hi\u1ec7n \u0111\u1ea1i gi\u00fap t\u0103ng minh b\u1ea1ch, tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh v\u00e0 hi\u1ec7u qu\u1ea3 s\u1eed d\u1ee5ng v\u1ed1n. T\u1ea1i Vi\u1ec7t Nam, DNNN gi\u1eef vai tr\u00f2 \u0111\u1ed9ng l\u1ef1c t\u0103ng tr\u01b0\u1edfng, v\u1edbi n\u1ed7 l\u1ef1c c\u1ed5 ph\u1ea7n h\u00f3a v\u00e0 t\u00e1i c\u01a1 c\u1ea5u nh\u1eb1m n\u00e2ng cao n\u0103ng l\u1ef1c c\u1ea1nh tranh. Tuy nhi\u00ean, c\u00e1c nghi\u00ean c\u1ee9u c\u00f2n r\u1eddi r\u1ea1c v\u00e0 thi\u1ebfu gi\u1ea3i ph\u00e1p ph\u00f9 h\u1ee3p b\u1ed1i c\u1ea3nh, trong khi c\u00e1c th\u00e1ch th\u1ee9c nh\u01b0 can thi\u1ec7p qu\u1ea3n l\u00fd v\u00e0 h\u1ea1n ch\u1ebf tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh v\u1eabn t\u1ed3n t\u1ea1i (Zhou, 2019). Tr\u00ean c\u01a1 s\u1edf ph\u00e2n t\u00edch t\u1eeb g\u00f3c \u0111\u1ed9 th\u1ef1c ti\u1ec5n \u00e1p d\u1ee5ng c\u00e1c nguy\u00ean t\u1eafc QTCT c\u1ee7a DNNN, b\u00e0i vi\u1ebft l\u00e0m r\u00f5 c\u00e1c l\u1ee3i \u00edch, th\u00e1ch th\u1ee9c c\u1ea3n tr\u1edf hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng, t\u1eeb \u0111\u00f3 \u0111\u1ec1 xu\u1ea5t khuy\u1ebfn ngh\u1ecb \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o s\u1ef1 ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng c\u1ee7a n\u1ec1n kinh t\u1ebf t\u1ea1i c\u00e1c DNNN c\u1ee7a Vi\u1ec7t Nam.<\/p>\n\n\n\n\n\n\n\n\n\n
B\u1ea2NG: C\u01a0 C\u1ea4U T\u1ed4 CH\u1ee8C V\u00c0 C\u00c1CH TH\u1ee8C T\u1ed4 CH\u1ee8C QTCT THEO LO\u1ea0I H\u00ccNH DNNN<\/strong><\/td>\n<\/tr>\n
Lo\u1ea1i h\u00ecnh DNNN<\/strong><\/td>\nC\u01a1 c\u1ea5u t\u1ed5 ch\u1ee9c \u0111\u01b0\u1ee3c ph\u00e9p c\u1ee7a DNNN<\/strong><\/td>\nS\u1ed1 th\u00e0nh vi\u00ean H\u1ed9i \u0111\u1ed3ng th\u00e0nh vi\u00ean \/ H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb<\/strong><\/td>\nS\u1ef1 t\u1ed3n t\u1ea1i c\u1ee7a Ban ki\u1ec3m so\u00e1t<\/strong><\/td>\nC\u00e1c vai tr\u00f2 ki\u00eam nhi\u1ec7m<\/strong><\/td>\n<\/tr>\n
S\u1edf h\u1eefu to\u00e0n b\u1ed9 (100%)<\/strong><\/td>\n<\/tr>\n
C\u00f4ng ty tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n m\u1ed9t th\u00e0nh vi\u00ean (do m\u1ed9t \u201ct\u1ed5 ch\u1ee9c\u201d s\u1edf h\u1eefu)<\/td>\nC\u01a1 quan \u0111\u1ea1i di\u1ec7n ch\u1ee7 s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc l\u1ef1a ch\u1ecdn: 1. C\u00f4ng ty c\u00f3 Ch\u1ee7 t\u1ecbch v\u00e0 T\u1ed5ng gi\u00e1m \u0111\u1ed1c (TG\u0110); ho\u1eb7c 2. C\u00f4ng ty c\u00f3 H\u1ed9i \u0111\u1ed3ng th\u00e0nh vi\u00ean (H\u0110TV) v\u00e0 TG\u0110.<\/td>\nT\u1ed1i \u0111a 7 th\u00e0nh vi\u00ean<\/td>\nB\u1eaft bu\u1ed9c (\u0111\u1ed1i v\u1edbi DNNN)<\/td>\n1. Ch\u1ee7 t\u1ecbch c\u00f3 th\u1ec3 ki\u00eam ch\u1ee9c v\u1ee5 TG\u0110. 2. Ch\u1ee7 t\u1ecbch ho\u1eb7c c\u00e1c th\u00e0nh vi\u00ean kh\u00e1c c\u1ee7a H\u1ed9i \u0111\u1ed3ng th\u00e0nh vi\u00ean c\u00f3 th\u1ec3 gi\u1eef ch\u1ee9c v\u1ee5 TG\u0110.<\/td>\n<\/tr>\n
S\u1edf h\u1eefu \u0111a s\u1ed1 (tr\u00ean 50% v\u00e0 d\u01b0\u1edbi 100%)<\/strong><\/td>\n<\/tr>\n
C\u00f4ng ty tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n hai th\u00e0nh vi\u00ean tr\u1edf l\u00ean<\/td>\nH\u1ed9i \u0111\u1ed3ng th\u00e0nh vi\u00ean; Ch\u1ee7 t\u1ecbch H\u1ed9i \u0111\u1ed3ng th\u00e0nh vi\u00ean; v\u00e0 TG\u0110.<\/td>\nT\u1eeb 3 \u0111\u1ebfn 7 th\u00e0nh vi\u00ean<\/td>\nB\u1eaft bu\u1ed9c, bao g\u1ed3m c\u1ea3 trong c\u00f4ng ty con<\/td>\nCh\u1ee7 t\u1ecbch H\u0110TV c\u00f3 th\u1ec3 ki\u00eam ch\u1ee9c v\u1ee5 TG\u0110<\/td>\n<\/tr>\n
C\u00f4ng ty c\u1ed5 ph\u1ea7n<\/td>\nTr\u1eeb tr\u01b0\u1eddng h\u1ee3p quy \u0111\u1ecbnh t\u1ea1i Lu\u1eadt Ch\u1ee9ng kho\u00e1n, CTCP c\u00f3 th\u1ec3 l\u1ef1a ch\u1ecdn gi\u1eefa 2 m\u00f4 h\u00ecnh: 1. CTCP c\u00f3 \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng, H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb (H\u0110QT), Ban ki\u1ec3m so\u00e1t (BKS) (tr\u1eeb tr\u01b0\u1eddng h\u1ee3p CTCP c\u00f3 d\u01b0\u1edbi 11 c\u1ed5 \u0111\u00f4ng v\u00e0 c\u00e1c c\u1ed5 \u0111\u00f4ng l\u00e0 t\u1ed5 ch\u1ee9c s\u1edf h\u1eefu d\u01b0\u1edbi 50% t\u1ed5ng s\u1ed1 c\u1ed5 ph\u1ea7n) v\u00e0 TG\u0110; HO\u1eb6C 2. CTCP c\u00f3 \u0110\u1ea1i h\u1ed9i \u0111\u1ed3ng c\u1ed5 \u0111\u00f4ng, H\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb (c\u00f3 \u1ee7y ban ki\u1ec3m to\u00e1n tr\u1ef1c thu\u1ed9c) v\u00e0 TG\u0110.<\/td>\nT\u1eeb 3 \u0111\u1ebfn 11 th\u00e0nh vi\u00ean<\/td>\nB\u1eaft bu\u1ed9c \u0111\u1ed1i v\u1edbi CTCP ho\u1ea1t \u0111\u1ed9ng theo m\u00f4 h\u00ecnh 1<\/td>\nCh\u1ee7 t\u1ecbch H\u0110QT kh\u00f4ng \u0111\u01b0\u1ee3c ki\u00eam ch\u1ee9c v\u1ee5 TG\u0110<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ngu\u1ed3n: Lu\u1eadt Doanh nghi\u1ec7p<\/em><\/p>\n

C\u01a0 S\u1ede L\u00dd LU\u1eacN<\/strong><\/p>\n

Doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc<\/strong><\/p>\n

T\u1ed5 ch\u1ee9c H\u1ee3p t\u00e1c v\u00e0 Ph\u00e1t tri\u1ec3n Kinh t\u1ebf (OECD, 2015) \u0111\u1ecbnh ngh\u0129a, DNNN l\u00e0 c\u00e1c c\u00f4ng ty do Nh\u00e0 n\u01b0\u1edbc s\u1edf h\u1eefu to\u00e0n b\u1ed9 ho\u1eb7c m\u1ed9t ph\u1ea7n th\u00f4ng qua c\u00e1c h\u00ecnh th\u1ee9c ph\u00e1p l\u00fd nh\u01b0 c\u00f4ng ty c\u1ed5 ph\u1ea7n, c\u00f4ng ty tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n ho\u1eb7c t\u1eadp \u0111o\u00e0n, v\u1edbi ho\u1ea1t \u0111\u1ed9ng ch\u1ee7 y\u1ebfu mang t\u00ednh kinh t\u1ebf. Theo IPSAS (2014), DNNN l\u00e0 th\u1ef1c th\u1ec3 do Nh\u00e0 n\u01b0\u1edbc ki\u1ec3m so\u00e1t, bao g\u1ed3m c\u1ea3 doanh nghi\u1ec7p th\u01b0\u01a1ng m\u1ea1i v\u00e0 t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh. V\u1ec1 b\u1ea3n ch\u1ea5t, DNNN kh\u00f4ng kh\u00e1c bi\u1ec7t \u0111\u00e1ng k\u1ec3 so v\u1edbi doanh nghi\u1ec7p khu v\u1ef1c t\u01b0 nh\u00e2n khi c\u00f9ng th\u1ef1c hi\u1ec7n c\u00e1c ho\u1ea1t \u0111\u1ed9ng kinh t\u1ebf v\u00e0 h\u01b0\u1edbng t\u1edbi m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn, d\u00f9 c\u00f3 th\u1ec3 k\u00e8m theo ngh\u0129a v\u1ee5 cung c\u1ea5p d\u1ecbch v\u1ee5 c\u00f4ng v\u1edbi gi\u00e1 \u01b0u \u0111\u00e3i ho\u1eb7c mi\u1ec5n ph\u00ed. V\u1ec1 l\u00fd thuy\u1ebft, DNNN lu\u00f4n \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch trong m\u1ed1i quan h\u1ec7 v\u1edbi th\u1ecb tr\u01b0\u1eddng. C\u00e1c c\u00e1ch ti\u1ebfp c\u1eadn kinh t\u1ebf coi DNNN nh\u01b0 m\u1ed9t doanh nghi\u1ec7p th\u00f4ng th\u01b0\u1eddng, nh\u01b0ng c\u00f3 \u0111\u1eb7c th\u00f9 v\u1ec1 c\u01a1 ch\u1ebf ph\u1ed1i h\u1ee3p v\u00e0 m\u1ee5c ti\u00eau, ph\u1ea3n \u00e1nh vai tr\u00f2 k\u00e9p gi\u1eefa hi\u1ec7u qu\u1ea3 kinh t\u1ebf v\u00e0 th\u1ef1c hi\u1ec7n ch\u1ee9c n\u0103ng c\u00f4ng.<\/p>\n

T\u1ea1i Vi\u1ec7t Nam, Lu\u1eadt Doanh nghi\u1ec7p 2020 quy \u0111\u1ecbnh, DNNN \u0111\u01b0\u1ee3c t\u1ed5 ch\u1ee9c qu\u1ea3n l\u00fd d\u01b0\u1edbi h\u00ecnh th\u1ee9c c\u00f4ng ty tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n, c\u00f4ng ty c\u1ed5 ph\u1ea7n, bao g\u1ed3m: Doanh nghi\u1ec7p do Nh\u00e0 n\u01b0\u1edbc n\u1eafm gi\u1eef 100% v\u1ed1n \u0111i\u1ec1u l\u1ec7; Doanh nghi\u1ec7p do Nh\u00e0 n\u01b0\u1edbc n\u1eafm gi\u1eef tr\u00ean 50% v\u1ed1n \u0111i\u1ec1u l\u1ec7 ho\u1eb7c t\u1ed5ng s\u1ed1 c\u1ed5 ph\u1ea7n c\u00f3 quy\u1ec1n bi\u1ec3u quy\u1ebft (B\u1ea3ng).<\/p>\n

Qu\u1ea3n tr\u1ecb c\u00f4ng ty t\u1ea1i c\u00e1c doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc<\/strong><\/p>\n

QTCT l\u00e0 h\u1ec7 th\u1ed1ng c\u01a1 ch\u1ebf nh\u1eb1m gi\u1edbi h\u1ea1n quy\u1ec1n l\u1ef1c v\u00e0 \u0111i\u1ec1u ch\u1ec9nh h\u00e0nh vi c\u1ee7a nh\u00e0 qu\u1ea3n l\u00fd, qua \u0111\u00f3 \u0111\u1ecbnh h\u00ecnh ph\u1ea1m vi ra quy\u1ebft \u0111\u1ecbnh (Charreaux, 1997). \u0110\u1ed1i v\u1edbi DNNN, nhi\u1ec7m v\u1ee5 k\u00e9p gi\u1eefa hi\u1ec7u qu\u1ea3 kinh doanh v\u00e0 cung c\u1ea5p d\u1ecbch v\u1ee5 c\u00f4ng \u0111\u00f2i h\u1ecfi m\u00f4 h\u00ecnh qu\u1ea3n tr\u1ecb ph\u1ea3i c\u00e2n b\u1eb1ng gi\u1eefa \u1ea3nh h\u01b0\u1edfng c\u1ee7a Nh\u00e0 n\u01b0\u1edbc v\u00e0 quy\u1ec1n t\u1ef1 ch\u1ee7 th\u1ecb tr\u01b0\u1eddng, \u0111\u1ed3ng th\u1eddi \u0111\u1ea3m b\u1ea3o tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh v\u00e0 b\u1ea3o v\u1ec7 quy\u1ebft \u0111\u1ecbnh chi\u1ebfn l\u01b0\u1ee3c (Albu et al., 2022). DNNN mang l\u1ea1i l\u1ee3i \u00edch \u1edf 2 c\u1ea5p \u0111\u1ed9: (i) th\u1ef1c hi\u1ec7n m\u1ee5c ti\u00eau ph\u00e1t tri\u1ec3n v\u00e0 g\u1eafn k\u1ebft ch\u00ednh s\u00e1ch v\u1edbi ng\u01b0\u1eddi d\u00e2n, \u0111\u00f2i h\u1ecfi qu\u1ea3n tr\u1ecb h\u01b0\u1edbng \u0111\u1ebfn hi\u1ec7u qu\u1ea3; (ii) cung c\u1ea5p d\u1ecbch v\u1ee5 chi\u1ebfn l\u01b0\u1ee3c v\u00e0 x\u00e3 h\u1ed9i, g\u00f3p ph\u1ea7n b\u1ea3o v\u1ec7 l\u1ee3i \u00edch c\u00f4ng c\u1ed9ng v\u00e0 \u0111\u1ea3m b\u1ea3o c\u00f4ng b\u1eb1ng. Do \u0111\u00f3, c\u00e1c doanh nghi\u1ec7p n\u00e0y c\u1ea7n \u0111\u1ea3m b\u1ea3o minh b\u1ea1ch, qu\u1ea3n l\u00fd hi\u1ec7u qu\u1ea3 v\u00e0 tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh cao.<\/p>\n

Th\u1ef1c thi c\u00e1c nguy\u00ean t\u1eafc qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc theo OECD<\/strong><\/p>\n

Vi\u1ec7c tri\u1ec3n khai QTCT trong c\u00e1c DNNN l\u00e0 th\u00e1ch th\u1ee9c ph\u1ed5 bi\u1ebfn do ch\u1ecbu \u1ea3nh h\u01b0\u1edfng c\u1ee7a quy\u1ec1n s\u1edf h\u1eefu mang \u0111\u1ed9ng c\u01a1 ch\u00ednh tr\u1ecb v\u00e0 s\u1ef1 can thi\u1ec7p tr\u1ef1c ti\u1ebfp, l\u00e0m suy y\u1ebfu tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh c\u1ee7a l\u00e3nh \u0111\u1ea1o (Szanyi- Gyenes, 2024). B\u00ean c\u1ea1nh \u0111\u00f3, DNNN th\u01b0\u1eddng kh\u00f4ng ch\u1ecbu \u00e1p l\u1ef1c t\u1eeb c\u00e1c c\u01a1 ch\u1ebf th\u1ecb tr\u01b0\u1eddng nh\u01b0 th\u00e2u t\u00f3m hay ph\u00e1 s\u1ea3n, trong khi c\u1ea5u tr\u00fac \u0111\u1ea1i di\u1ec7n nhi\u1ec1u t\u1ea7ng l\u00e0m ph\u1ee9c t\u1ea1p tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh v\u00e0 ra quy\u1ebft \u0111\u1ecbnh, d\u1eabn \u0111\u1ebfn hi\u1ec7u qu\u1ea3 qu\u1ea3n tr\u1ecb th\u1ea5p (Zhou, 2019). Do \u0111\u00f3, minh b\u1ea1ch m\u1ee5c ti\u00eau ch\u00ednh s\u00e1ch v\u00e0 gi\u00e1m s\u00e1t c\u1ee7a ch\u00ednh ph\u1ee7 l\u00e0 y\u1ebfu t\u1ed1 then ch\u1ed1t (Cuervo-Cazurra, 2018).<\/p>\n

C\u01a1 s\u1edf quy\u1ec1n s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc c\u1ea7n nh\u1ea5t qu\u00e1n v\u00e0 \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi khung ph\u00e1p l\u00fd \u0111\u00e1ng tin c\u1eady \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o tri\u1ec3n khai qu\u1ea3n tr\u1ecb hi\u1ec7u qu\u1ea3 (Zumente I. v\u00e0 Bistrova J., 2021). Theo l\u00fd thuy\u1ebft \u0111\u1ea1i di\u1ec7n, m\u1ee5c ti\u00eau t\u1ed1i \u0111a h\u00f3a gi\u00e1 tr\u1ecb c\u1ed5 \u0111\u00f4ng, trong \u0111\u00f3 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng, d\u00f9 v\u1eabn c\u00f3 tranh lu\u1eadn v\u1ec1 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u1ea5u tr\u00fac s\u1edf h\u1eefu v\u00e0 t\u00e0i ch\u00ednh (Wang v\u00e0 Cheng- Han, 2020). C\u00e1c m\u00f4 h\u00ecnh nh\u01b0 t\u01b0 nh\u00e2n h\u00f3a ho\u1eb7c PPP \u0111\u01b0\u1ee3c xem l\u00e0 gi\u1ea3i ph\u00e1p n\u00e2ng cao hi\u1ec7u qu\u1ea3 v\u00e0 minh b\u1ea1ch, nh\u01b0ng t\u00e1c \u0111\u1ed9ng th\u1ef1c t\u1ebf v\u1eabn ch\u01b0a th\u1ed1ng nh\u1ea5t (Varottil, 2020).<\/p>\n

\"N\u00e2ng<\/p>\n

C\u00e1c l\u00fd thuy\u1ebft qu\u1ea3n tr\u1ecb nh\u1ea5n m\u1ea1nh vai tr\u00f2 c\u1ee7a qu\u1ea3n l\u00fd r\u1ee7i ro, tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh v\u00e0 h\u1ec7 th\u1ed1ng ki\u1ec3m so\u00e1t trong n\u00e2ng cao hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb v\u00e0 \u0111\u1ea3m b\u1ea3o t\u00ednh li\u00eam ch\u00ednh (Chatterjee, 2022). \u0110i\u1ec1u n\u00e0y \u0111\u00f2i h\u1ecfi s\u1ef1 ph\u00e2n \u0111\u1ecbnh r\u00f5 vai tr\u00f2 gi\u1eefa h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb, ban \u0111i\u1ec1u h\u00e0nh, ch\u00ednh ph\u1ee7 v\u00e0 c\u00f4ng ch\u00fang nh\u1eb1m t\u0103ng c\u01b0\u1eddng minh b\u1ea1ch v\u00e0 ni\u1ec1m tin x\u00e3 h\u1ed9i (Postu\u0142a v\u00e0 Wieczorek, 2021).<\/p>\n

Cu\u1ed1i c\u00f9ng, vi\u1ec7c t\u1ed1i \u0111a h\u00f3a gi\u00e1 tr\u1ecb c\u1ed5 \u0111\u00f4ng c\u1ea7n \u0111i \u0111\u00f4i v\u1edbi tu\u00e2n th\u1ee7 ph\u00e1p l\u00fd, chu\u1ea9n m\u1ef1c \u0111\u1ea1o \u0111\u1ee9c v\u00e0 s\u1eed d\u1ee5ng hi\u1ec7u qu\u1ea3 v\u1ed1n c\u00f4ng, ph\u00f9 h\u1ee3p v\u1edbi l\u00fd thuy\u1ebft c\u1ed5 \u0111\u00f4ng v\u00e0 th\u1ec3 ch\u1ebf. Nh\u1eefng ph\u00e1t hi\u1ec7n n\u00e0y cung c\u1ea5p h\u00e0m \u00fd quan tr\u1ecdng cho nh\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch, c\u01a1 quan qu\u1ea3n l\u00fd v\u00e0 nh\u00e0 \u0111i\u1ec1u h\u00e0nh trong vi\u1ec7c n\u00e2ng cao hi\u1ec7u qu\u1ea3 QTCT t\u1ea1i DNNN.<\/p>\n

K\u1ebeT QU\u1ea2 V\u00c0 TH\u1ea2O LU\u1eacN<\/strong><\/p>\n

Th\u1ef1c tr\u1ea1ng ho\u1ea1t \u0111\u1ed9ng<\/strong><\/p>\n

C\u00e1c DNNN chi\u1ebfm t\u1ef7 tr\u1ecdng \u0111\u00e1ng k\u1ec3 trong GDP, vi\u1ec7c l\u00e0m v\u00e0 ng\u00e0y c\u00e0ng gi\u1eef vai tr\u00f2 quan tr\u1ecdng tr\u00ean th\u1ecb tr\u01b0\u1eddng v\u1ed1n to\u00e0n c\u1ea7u. N\u0103m 2023, khu v\u1ef1c c\u00f4ng chi\u1ebfm g\u1ea7n 12% v\u1ed1n h\u00f3a th\u1ecb tr\u01b0\u1eddng c\u00e1c c\u00f4ng ty ni\u00eam y\u1ebft (t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 11,7 ngh\u00ecn t\u1ef7 USD), h\u01a1n 1\/4 trong s\u1ed1 500 doanh nghi\u1ec7p l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi, v\u1edbi 21 tri\u1ec7u lao \u0111\u1ed9ng, 53,5 ngh\u00ecn t\u1ef7 USD t\u00e0i s\u1ea3n v\u00e0 h\u01a1n 12 ngh\u00ecn t\u1ef7 USD doanh thu (OECD, 2024). \u0110i\u1ec1u n\u00e0y cho th\u1ea5y vai tr\u00f2 l\u1edbn c\u1ee7a Nh\u00e0 n\u01b0\u1edbc trong \u0111\u1ecbnh h\u00ecnh ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng.<\/p>\n

T\u1ea1i Vi\u1ec7t Nam, Lu\u1eadt Doanh nghi\u1ec7p 2020 m\u1edf r\u1ed9ng \u0111\u1ecbnh ngh\u0129a DNNN theo t\u1ef7 l\u1ec7 s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc. N\u0103m 2019, c\u00f3 kho\u1ea3ng 2.109 DNNN trung \u01b0\u01a1ng v\u00e0 kho\u1ea3ng 1.100 DNNN \u0111\u1ecba ph\u01b0\u01a1ng, t\u1ea1o ra kho\u1ea3ng 1,1 tri\u1ec7u vi\u1ec7c l\u00e0m (GSO, 2021). Tuy nhi\u00ean, s\u1ed1 l\u01b0\u1ee3ng v\u00e0 t\u1ef7 tr\u1ecdng DNNN \u0111\u00e3 gi\u1ea3m \u0111\u00e1ng k\u1ec3 do c\u1ed5 ph\u1ea7n h\u00f3a, t\u1eeb 3.281 doanh nghi\u1ec7p (1,18%) n\u0103m 2010 xu\u1ed1ng c\u00f2n 0,31% n\u0103m 2019. \u0110\u1ed3ng th\u1eddi, t\u1ef7 tr\u1ecdng doanh thu v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf c\u0169ng gi\u1ea3m, ph\u1ea3n \u00e1nh xu h\u01b0\u1edbng Nh\u00e0 n\u01b0\u1edbc tho\u00e1i v\u1ed1n kh\u1ecfi c\u00e1c doanh nghi\u1ec7p hi\u1ec7u qu\u1ea3 h\u01a1n (GSO, 2021; ADBI, 2020).<\/p>\n

D\u00f9 v\u1eady, sau 40 n\u0103m, kinh t\u1ebf Vi\u1ec7t Nam t\u0103ng tr\u01b0\u1edfng GDP t\u1eeb 4,5 t\u1ef7 USD n\u0103m 1986 l\u00ean 476,3 t\u1ef7 USD n\u0103m 2024 v\u00e0 \u0111\u1ea1t tr\u00ean 510 t\u1ef7 USD n\u0103m 2025. \u0110\u00e1ng ch\u00fa \u00fd, DNNN l\u00e0 l\u1ef1c l\u01b0\u1ee3ng n\u00f2ng c\u1ed1t \u0111\u00f3ng g\u00f3p h\u01a1n 29% GDP (H\u00ecnh), thu h\u00fat kho\u1ea3ng 1\/4 t\u1ed5ng v\u1ed1n s\u1ea3n xu\u1ea5t kinh doanh c\u1ee7a to\u00e0n b\u1ed9 doanh nghi\u1ec7p.<\/p>\n

Theo OECD (2016), DNNN ni\u00eam y\u1ebft gi\u00fap c\u1ea3i thi\u1ec7n kh\u1ea3 n\u0103ng huy \u0111\u1ed9ng v\u1ed1n v\u00e0 n\u00e2ng cao minh b\u1ea1ch, c\u00f4ng b\u1ed1 th\u00f4ng tin nh\u1edd tu\u00e2n th\u1ee7 c\u00e1c quy \u0111\u1ecbnh th\u1ecb tr\u01b0\u1eddng. T\u1ea1i Vi\u1ec7t Nam, DNNN ni\u00eam y\u1ebft c\u00f3 hi\u1ec7u qu\u1ea3 t\u1ed1t h\u01a1n c\u00e1c DNNN kh\u00e1c nh\u01b0ng v\u1eabn k\u00e9m h\u01a1n doanh nghi\u1ec7p t\u01b0 nh\u00e2n ni\u00eam y\u1ebft. N\u0103m 2023, Vi\u1ec7t Nam c\u00f3 671 DNNN v\u00e0 142 doanh nghi\u1ec7p c\u00f3 v\u1ed1n nh\u00e0 n\u01b0\u1edbc, v\u1edbi t\u1ed5ng t\u00e0i s\u1ea3n 4,19 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng, v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu 1,985 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng, doanh thu tr\u00ean 3 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng v\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf g\u1ea7n 243 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng; ROE b\u00ecnh qu\u00e2n kho\u1ea3ng 12% v\u00e0 \u0111\u00f3ng g\u00f3p g\u1ea7n 397 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng v\u00e0o NSNN. D\u00f9 ch\u1ec9 chi\u1ebfm kho\u1ea3ng 0,08% s\u1ed1 doanh nghi\u1ec7p, DNNN 100% v\u1ed1n nh\u00e0 n\u01b0\u1edbc n\u1eafm gi\u1eef ngu\u1ed3n l\u1ef1c l\u1edbn nh\u01b0 7% t\u1ed5ng t\u00e0i s\u1ea3n, 10% v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu v\u00e0 \u0111\u00f3ng g\u00f3p kho\u1ea3ng 28% thu NSNN. Tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, t\u00ednh \u0111\u1ebfn th\u1eddi \u0111i\u1ec3m cu\u1ed1i n\u0103m 2025, t\u1ed5ng v\u1ed1n h\u00f3a c\u1ee7a 51 DNNN ni\u00eam y\u1ebft \u01b0\u1edbc \u0111\u1ea1t 3 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng, chi\u1ebfm kho\u1ea3ng 30% v\u1ed1n ho\u00e1 to\u00e0n th\u1ecb tr\u01b0\u1eddng; l\u1ee3i nhu\u1eadn r\u00f2ng \u0111\u1ea1t 197.817 t\u1ef7 \u0111\u1ed3ng, t\u0103ng kho\u1ea3ng 26% so v\u1edbi n\u0103m 2024. T\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn r\u00f2ng b\u00ecnh qu\u00e2n t\u1eeb 2021-2025 c\u1ee7a kh\u1ed1i n\u00e0y tr\u00ean s\u00e0n \u01b0\u1edbc \u0111\u1ea1t kho\u1ea3ng 21%\/n\u0103m, ph\u1ee5c h\u1ed3i m\u1ea1nh sau d\u1ecbch Covid-19 (DNSE, 2026). DNNN c\u00f3 quy m\u00f4 l\u1edbn (b\u00ecnh qu\u00e2n 4.100 t\u1ef7 \u0111\u1ed3ng\/doanh nghi\u1ec7p), v\u01b0\u1ee3t xa doanh nghi\u1ec7p FDI v\u00e0 ngo\u00e0i qu\u1ed1c doanh, \u0111\u1ed3ng th\u1eddi chi\u1ebfm th\u1ecb ph\u1ea7n l\u1edbn trong c\u00e1c ng\u00e0nh tr\u1ecdng \u0111i\u1ec3m nh\u01b0 n\u0103ng l\u01b0\u1ee3ng, vi\u1ec5n th\u00f4ng, ng\u00e2n h\u00e0ng, \u0111\u00f3ng g\u00f3p h\u01a1n 29% GDP, t\u1eadp trung ch\u1ee7 y\u1ebfu \u1edf 17 ng\u00e0nh, \u0111\u1eb7c bi\u1ec7t l\u00e0 n\u0103ng l\u01b0\u1ee3ng, khai kho\u00e1ng, h\u1ea1 t\u1ea7ng v\u00e0 v\u1eadn t\u1ea3i. \u1ede c\u00e1c ng\u00e0nh quy m\u00f4 nh\u1ecf h\u01a1n, DNNN c\u00f3 \u1ea3nh h\u01b0\u1edfng h\u1ea1n ch\u1ebf, do \u0111\u00f3 c\u1ea7n \u0111\u1ea9y m\u1ea1nh t\u00e1i c\u01a1 c\u1ea5u, c\u1ed5 ph\u1ea7n h\u00f3a v\u00e0 tho\u00e1i v\u1ed1n \u0111\u1ec3 huy \u0111\u1ed9ng ngu\u1ed3n l\u1ef1c x\u00e3 h\u1ed9i, qua \u0111\u00f3 t\u1eadp trung ph\u00e1t tri\u1ec3n c\u00e1c l\u0129nh v\u1ef1c then ch\u1ed1t (T\u1ea1p ch\u00ed C\u1ed9ng s\u1ea3n, 2025). DNNN ni\u00eam y\u1ebft ti\u00ean phong th\u1ef1c hi\u1ec7n t\u1ed1t 3\/6 nguy\u00ean t\u1eafc qu\u1ea3n tr\u1ecb c\u1ee7a OECD \u0111\u00f3 l\u00e0 b\u1ea3o \u0111\u1ea3m quy\u1ec1n v\u00e0 \u0111\u1ed1i x\u1eed c\u00f4ng b\u1eb1ng v\u1edbi c\u1ed5 \u0111\u00f4ng (th\u00f4ng qua t\u1ed5 ch\u1ee9c \u0111\u1ea1i h\u1ed9i c\u1ed5 \u0111\u00f4ng th\u01b0\u1eddng ni\u00ean; b\u1ea3o \u0111\u1ea3m quy\u1ec1n bi\u1ec3u quy\u1ebft v\u00e0 chi tr\u1ea3 c\u1ed5 t\u1ee9c \u0111\u00fang h\u1ea1n; \u1ee9ng d\u1ee5ng c\u00f4ng ngh\u1ec7 b\u1ecf phi\u1ebfu tr\u1ef1c tuy\u1ebfn – Evoting); c\u00f4ng b\u1ed1 th\u00f4ng tin v\u00e0 minh b\u1ea1ch (ki\u1ec3m to\u00e1n b\u00e1o c\u00e1o t\u00e0i ch\u00ednh h\u1eb1ng n\u0103m b\u1edfi c\u00e1c t\u1ed5 ch\u1ee9c ki\u1ec3m to\u00e1n uy t\u00edn; c\u00f4ng b\u1ed1 th\u00f4ng tin b\u1eb1ng ti\u1ebfng Anh, \u00e1p d\u1ee5ng c\u00e1c chu\u1ea9n m\u1ef1c c\u00f4ng b\u1ed1 th\u00f4ng tin qu\u1ed1c t\u1ebf, nh\u01b0 OECD, GRI, ISSB, SASB…). Nhi\u1ec1u DNNN th\u00e0nh l\u1eadp c\u00e1c \u1ee7y ban chuy\u00ean tr\u00e1ch (\u1ee7y ban qu\u1ea3n l\u00fd r\u1ee7i ro, \u1ee7y ban ki\u1ec3m to\u00e1n, \u1ee7y ban chi\u1ebfn l\u01b0\u1ee3c v\u00e0 ph\u00e1t tri\u1ec3n, \u1ee7y ban nh\u00e2n s\u1ef1; \u1ee7y ban c\u00f4ng ngh\u1ec7…); t\u1ed5 ch\u1ee9c c\u00e1c cu\u1ed9c h\u1ecdp H\u0110QT \u0111\u1ecbnh k\u1ef3; c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh \u0111\u00e0o t\u1ea1o v\u1ec1 QTCT g\u00f3p ph\u1ea7n n\u00e2ng cao ch\u1ea5t l\u01b0\u1ee3ng v\u00e0 hi\u1ec7u qu\u1ea3 gi\u00e1m s\u00e1t c\u1ee7a H\u0110QT (Nguy\u1ec5n Th\u1ecb Thu Trang, 2026).<\/p>\n

\u0110\u00e1nh gi\u00e1 theo Khung nguy\u00ean t\u1eafc qu\u1ea3n tr\u1ecb c\u00f4ng ty c\u1ee7a OECD<\/strong><\/p>\n

Qu\u1ea3n tr\u1ecb c\u00f4ng ty t\u1ea1i c\u00e1c DNNN \u0111\u00e3 v\u00e0 \u0111ang \u0111\u01b0\u1ee3c ch\u00fa tr\u1ecdng \u0111\u1ed5i m\u1edbi \u0111\u1ec3 ti\u1ec7m c\u1eadn c\u00e1c ti\u00eau chu\u1ea9n qu\u1ed1c t\u1ebf, \u0111\u00e1p \u1ee9ng y\u00eau c\u1ea7u m\u1edbi v\u1ec1 chuy\u1ec3n \u0111\u1ed5i xanh – s\u1ed1, n\u00e2ng cao t\u00ednh b\u1ec1n v\u1eefng v\u00e0 kh\u1ea3 n\u0103ng ch\u1ed1ng ch\u1ecbu. Tuy nhi\u00ean, m\u1ee9c \u0111\u1ed9 th\u1ef1c h\u00e0nh QTCT v\u1eabn c\u00f3 kho\u1ea3ng c\u00e1ch kh\u00e1 l\u1edbn so v\u1edbi khu v\u1ef1c v\u00e0 th\u1ebf gi\u1edbi, x\u1ebfp h\u1ea1ng v\u00e0 \u0111i\u1ec3m s\u1ed1 QTCT Vi\u1ec7t Nam v\u1eabn x\u1ebfp \u1edf m\u1ee9c th\u1ea5p nh\u1ea5t ASEAN-6. Theo ACGS (2024), \u0111i\u1ec3m trung b\u00ecnh c\u1ee7a doanh nghi\u1ec7p Vi\u1ec7t Nam v\u1eabn th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 \u0111i\u1ec3m trung b\u00ecnh khu v\u1ef1c (75 \u0111i\u1ec3m); kh\u00f4ng c\u00f3 DNNN n\u00e0o l\u1ecdt v\u00e0o Top 250 doanh nghi\u1ec7p ASEAN-Assets (Nguy\u1ec5n Th\u1ecb Thu Trang, 2026). B\u00ean c\u1ea1nh \u0111\u00f3, m\u1ed9t s\u1ed1 h\u1ea1n ch\u1ebf c\u00f2n t\u1ed3n t\u1ea1i nh\u01b0 c\u00e1c ch\u1ee9c n\u0103ng s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc v\u00e0 \u0111i\u1ec1u ti\u1ebft th\u1ecb tr\u01b0\u1eddng trong DNNN v\u1eabn th\u01b0\u1eddng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n; ch\u01b0a t\u00e1ch b\u1ea1ch gi\u1eefa c\u01a1 ch\u1ebf \u0111\u1ea1i di\u1ec7n ch\u1ee7 s\u1edf h\u1eefu v\u00e0 qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc; gi\u1eefa m\u1ee5c ti\u00eau kinh doanh v\u00e0 nhi\u1ec7m v\u1ee5 c\u00f4ng \u00edch; h\u1ec7 th\u1ed1ng ch\u1ec9 ti\u00eau \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng ch\u01b0a \u0111\u1ea7y \u0111\u1ee7…<\/p>\n

Vai tr\u00f2 qu\u1ea3n l\u00fd v\u1ed1n nh\u00e0 n\u01b0\u1edbc g\u1eafn ch\u1eb7t v\u1edbi m\u1ee5c ti\u00eau ch\u00ednh s\u00e1ch c\u00f4ng, l\u00e0m gia t\u0103ng nguy c\u01a1 can thi\u1ec7p h\u00e0nh ch\u00ednh v\u00e0 gi\u1ea3m t\u00ednh \u0111\u1ed9c l\u1eadp c\u1ee7a doanh nghi\u1ec7p. M\u1eb7c d\u00f9 ph\u00e1p lu\u1eadt kh\u00f4ng ph\u00e2n bi\u1ec7t gi\u1eefa DNNN v\u00e0 doanh nghi\u1ec7p t\u01b0 nh\u00e2n, s\u1ef1 g\u1eafn k\u1ebft gi\u1eefa DNNN v\u1edbi c\u01a1 quan ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch, c\u00f9ng vi\u1ec7c s\u1eed d\u1ee5ng DNNN nh\u01b0 c\u00f4ng c\u1ee5 th\u1ef1c thi ch\u00ednh s\u00e1ch, \u0111\u00e3 t\u1ea1o ra nh\u1eadn th\u1ee9c v\u1ec1 thi\u1ebfu trung l\u1eadp c\u1ea1nh tranh v\u00e0 minh b\u1ea1ch th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Li\u00ean quan \u0111\u1ebfn minh b\u1ea1ch v\u00e0 c\u00f4ng b\u1ed1 th\u00f4ng tin, hi\u1ec7n ch\u01b0a c\u00f3 trang web chuy\u00ean d\u1ee5ng n\u00e0o \u0111\u1ec3 \u0111\u0103ng t\u1ea3i th\u00f4ng tin trong b\u00e1o c\u00e1o v\u00e0 c\u00e1c th\u00f4ng tin v\u1ec1 t\u1eebng DNNN cung c\u1ea5p th\u00f4ng tin c\u00f4ng khai v\u1ec1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng t\u00e0i ch\u00ednh v\u00e0 phi t\u00e0i ch\u00ednh c\u1ee7a DNNN. \u0110i\u1ec1u n\u00e0y \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn th\u00f4ng tin c\u1ee7a c\u00e1c b\u00ean li\u00ean quan, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb. M\u1ee9c \u0111\u1ed9 c\u00f4ng b\u1ed1 v\u00e0 ch\u1ea5t l\u01b0\u1ee3ng th\u00f4ng tin (bao g\u1ed3m c\u1ea3 th\u00f4ng tin t\u00e0i ch\u00ednh v\u00e0 phi t\u00e0i ch\u00ednh) c\u0169ng kh\u00e1c nhau t\u00f9y thu\u1ed9c v\u00e0o b\u1ed9 ch\u1ee7 qu\u1ea3n ch\u1ecbu tr\u00e1ch nhi\u1ec7m ho\u1eb7c b\u00ean ki\u1ec3m so\u00e1t li\u00ean quan (OECD, 2022).<\/p>\n

C\u01a1 quan \u0111\u1ea1i di\u1ec7n ch\u1ee7 s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc c\u00f3 tr\u00e1ch nhi\u1ec7m ra quy\u1ebft \u0111\u1ecbnh giao k\u1ebf ho\u1ea1ch s\u1ea3n xu\u1ea5t\/kinh doanh h\u00e0ng n\u0103m cho DNNN, bao g\u1ed3m t\u1ef7 su\u1ea5t sinh l\u1eddi tr\u00ean v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu k\u1ef3 v\u1ecdng (ROE). Tuy nhi\u00ean, vi\u1ec7c n\u00e0y tr\u00ean th\u1ef1c t\u1ebf \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n kh\u00f4ng theo k\u1ebf ho\u1ea1ch. C\u00f2n thi\u1ebfu khu\u00f4n kh\u1ed5 ph\u00e1p l\u00fd \u0111\u1ea3m b\u1ea3o chi ph\u00ed v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc ph\u00f9 h\u1ee3p v\u1edbi th\u1ecb tr\u01b0\u1eddng v\u00e0 ngu\u1ed3n v\u1ed1n t\u1eeb nh\u00e0 n\u01b0\u1edbc ph\u1ea3i \u0111\u1ea3m b\u1ea3o t\u1ef7 su\u1ea5t l\u1ee3i nhu\u1eadn tr\u00ean v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu \u0111\u1ea1t m\u1ee9c k\u1ef3 v\u1ecdng t\u1ed1i thi\u1ec3u. C\u01a1 ch\u1ebf qu\u1ea3n tr\u1ecb c\u0169ng c\u00f2n b\u1ea5t c\u1eadp, h\u1ec7 th\u1ed1ng ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 ph\u00e2n t\u00e1n gi\u1eefa nhi\u1ec1u ch\u1ee7 th\u1ec3 (H\u0110QT, Ban ki\u1ec3m so\u00e1t\u2026), g\u00e2y ch\u1ed3ng ch\u00e9o v\u00e0 h\u1ea1n ch\u1ebf \u00e1p d\u1ee5ng th\u00f4ng l\u1ec7 qu\u1ed1c t\u1ebf v\u1ec1 qu\u1ea3n tr\u1ecb r\u1ee7i ro.<\/p>\n

D\u00f9 khung ph\u00e1p l\u00fd \u0111\u00e3 t\u01b0\u01a1ng \u0111\u1ed1i \u0111\u1ea7y \u0111\u1ee7, v\u1ea5n \u0111\u1ec1 l\u1edbn n\u1eb1m \u1edf th\u1ef1c thi ch\u01b0a nghi\u00eam, ch\u1ecbu \u1ea3nh h\u01b0\u1edfng b\u1edfi c\u00e1c m\u1ed1i quan h\u1ec7 quy\u1ec1n l\u1ef1c phi ch\u00ednh th\u1ee9c. V\u00ec v\u1eady, c\u1ea7n t\u0103ng c\u01b0\u1eddng chuy\u00ean nghi\u1ec7p h\u00f3a ch\u1ee9c n\u0103ng \u0111\u1ea1i di\u1ec7n ch\u1ee7 s\u1edf h\u1eefu v\u00e0 n\u00e2ng cao minh b\u1ea1ch \u0111\u1ec3 c\u1ea3i thi\u1ec7n qu\u1ea3n tr\u1ecb DNNN.<\/p>\n

GI\u1ea2I PH\u00c1P, KHUY\u1ebeN NGH\u1eca<\/strong><\/p>\n

Lu\u1eadt s\u1ed1 68\/2025\/QH15 v\u00e0 Ngh\u1ecb quy\u1ebft s\u1ed1 79-NQ\/ TW \u0111\u00e3 t\u1ea1o n\u1ec1n t\u1ea3ng ph\u00e1p l\u00fd thu\u1eadn l\u1ee3i, gi\u00fap DNNN duy tr\u00ec \u1ed5n \u0111\u1ecbnh v\u00e0 \u0111\u1ea1t k\u1ebft qu\u1ea3 t\u00edch c\u1ef1c. \u0110i\u1ec1u n\u00e0y cho th\u1ea5y vai tr\u00f2 ng\u00e0y c\u00e0ng r\u00f5 n\u00e9t c\u1ee7a DNNN trong m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf, \u0111\u00e1nh d\u1ea5u b\u01b0\u1edbc chuy\u1ec3n quan tr\u1ecdng trong \u0111\u1ecbnh v\u1ecb DNNN, t\u1eeb th\u1ef1c hi\u1ec7n vai tr\u00f2 ch\u1ee7 \u0111\u1ea1o tr\u00ean di\u1ec7n r\u1ed9ng sang t\u1eadp trung d\u1eabn d\u1eaft c\u00e1c l\u0129nh v\u1ef1c then ch\u1ed1t, v\u1eadn h\u00e0nh theo th\u1ecb tr\u01b0\u1eddng v\u00e0 t\u1ea1o l\u1ef1c k\u00e9o cho ph\u00e1t tri\u1ec3n kinh t\u1ebf – x\u00e3 h\u1ed9i. Trong b\u1ed1i c\u1ea3nh hi\u1ec7n nay, ph\u1ea7n l\u1edbn doanh nghi\u1ec7p ch\u1ecbu t\u00e1c \u0111\u1ed9ng m\u1ea1nh t\u1eeb vi\u1ec7c chi ph\u00ed \u0111\u1ea7u v\u00e0o gia t\u0103ng, c\u00f9ng v\u1edbi c\u01a1 ch\u1ebf thu\u1ebf, ph\u00ed v\u00e0 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a l\u00e3i su\u1ea5t, t\u1ef7 gi\u00e1, qua \u0111\u00f3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn vi\u1ec7c th\u1ef1c hi\u1ec7n c\u00e1c h\u1ee3p \u0111\u1ed3ng xu\u1ea5t nh\u1eadp kh\u1ea9u, duy tr\u00ec ngu\u1ed3n cung nguy\u00ean\/nhi\u00ean li\u1ec7u v\u00e0 hi\u1ec7u qu\u1ea3 s\u1ea3n xu\u1ea5t kinh doanh. \u0110i\u1ec3n h\u00ecnh, Vietnam Airlines, Petrolimex ch\u1ecbu \u00e1p l\u1ef1c l\u1edbn do bi\u1ebfn \u0111\u1ed9ng gi\u00e1 x\u0103ng d\u1ea7u th\u1ebf gi\u1edbi v\u00e0 chi ph\u00ed nh\u1eadp kh\u1ea9u t\u0103ng cao, EVN g\u1eb7p kh\u00f3 kh\u0103n trong \u0111\u1ea3m b\u1ea3o ngu\u1ed3n nhi\u00ean li\u1ec7u \u0111\u1ea7u v\u00e0o cho ph\u00e1t \u0111i\u1ec7n trong c\u00e1c th\u1eddi \u0111i\u1ec3m cao \u0111i\u1ec3m (Ho\u00e0ng Y\u1ebfn, 2026). Theo \u0111\u00f3, \u0111\u1ec3 \u0111\u1ea9y m\u1ea1nh c\u1ea3i c\u00e1ch n\u00e2ng cao ch\u1ea5t l\u01b0\u1ee3ng DNNN trong b\u1ed1i c\u1ea3nh m\u1edbi, QTCT kh\u00f4ng c\u00f2n mang t\u00ednh khuy\u1ebfn ngh\u1ecb m\u00e0 tr\u1edf th\u00e0nh y\u00eau c\u1ea7u b\u1eaft bu\u1ed9c, t\u1ea1o \u0111\u1ed9ng l\u1ef1c n\u00e2ng cao ch\u1ea5t l\u01b0\u1ee3ng QTCT c\u1ee7a DNNN, thu h\u1eb9p kho\u1ea3ng c\u00e1ch v\u1ec1 qu\u1ea3n tr\u1ecb t\u1ed1t v\u1edbi khu v\u1ef1c ASEAN v\u00e0 qu\u1ed1c t\u1ebf. QTCT t\u1ea1i c\u00e1c DNNN c\u0169ng c\u1ea7n g\u1eafn v\u1edbi minh b\u1ea1ch v\u00e0 tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh, c\u1ee5 th\u1ec3:<\/p>\n

– T\u0103ng c\u01b0\u1eddng vai tr\u00f2 c\u1ee7a ch\u00ednh ph\u1ee7 v\u1edbi t\u01b0 c\u00e1ch \u0111\u1ea1i di\u1ec7n ch\u1ee7 s\u1edf h\u1eefu<\/em>. <\/strong>Vi\u1ec7c thi\u1ebft l\u1eadp m\u1ed9t khu\u00f4n kh\u1ed5 th\u1ed1ng nh\u1ea5t cho vai tr\u00f2 s\u1edf h\u1eefu nh\u00e0 n\u01b0\u1edbc trong DNNN l\u00e0 c\u1ea7n thi\u1ebft nh\u1eb1m kh\u1eafc ph\u1ee5c t\u00ecnh tr\u1ea1ng ph\u00e2n m\u1ea3nh v\u00e0 can thi\u1ec7p ch\u00ednh tr\u1ecb do s\u1ef1 tham gia c\u1ee7a nhi\u1ec1u b\u1ed9, ng\u00e0nh (Shafuda v\u00e0 c\u1ed9ng s\u1ef1, 2020). Do \u0111\u00f3, c\u1ea7n x\u00e2y d\u1ef1ng ch\u00ednh s\u00e1ch h\u1ee3p nh\u1ea5t \u0111\u1ec3 ph\u00e2n \u0111\u1ecbnh r\u00f5 vai tr\u00f2 ch\u1ee7 s\u1edf h\u1eefu v\u1edbi ch\u1ee9c n\u0103ng ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch v\u00e0 qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc. C\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y gi\u00fap n\u00e2ng cao minh b\u1ea1ch, t\u0103ng c\u01b0\u1eddng ph\u1ed1i h\u1ee3p v\u00e0 \u0111\u1ea3m b\u1ea3o t\u00ednh nh\u1ea5t qu\u00e1n trong qu\u1ea3n tr\u1ecb, qua \u0111\u00f3 h\u1ed7 tr\u1ee3 th\u1ef1c hi\u1ec7n hi\u1ec7u qu\u1ea3 c\u00e1c m\u1ee5c ti\u00eau kinh t\u1ebf – x\u00e3 h\u1ed9i.<\/p>\n

– N\u00e2ng cao t\u00ednh chuy\u00ean nghi\u1ec7p. <\/em>H\u0110QT gi\u1eef vai tr\u00f2 then ch\u1ed1t trong tri\u1ec3n khai QTCT hi\u1ec7u qu\u1ea3. Vi\u1ec7c x\u00e2y d\u1ef1ng H\u0110QT c\u00f3 n\u0103ng l\u1ef1c, \u0111\u01b0\u1ee3c tuy\u1ec3n ch\u1ecdn minh b\u1ea1ch v\u00e0 theo quy tr\u00ecnh chu\u1ea9n h\u00f3a s\u1ebd h\u1ea1n ch\u1ebf ch\u1ed3ng ch\u00e9o, m\u00e2u thu\u1eabn v\u00e0 gi\u1ea3m can thi\u1ec7p ch\u00ednh tr\u1ecb (Mbidzo, 2020). \u0110\u1ed3ng th\u1eddi, c\u1ea7n t\u0103ng quy\u1ec1n t\u1ef1 ch\u1ee7 cho DNNN v\u00e0 n\u00e2ng cao tr\u00e1ch nhi\u1ec7m \u1ee7y th\u00e1c c\u1ee7a H\u0110QT trong c\u00e1c quy\u1ebft \u0111\u1ecbnh chi\u1ebfn l\u01b0\u1ee3c (Kabeyi, 2019). V\u1edbi \u0111\u1eb7c \u0111i\u1ec3m c\u1ee7a Vi\u1ec7t Nam, c\u00e1c quy \u0111\u1ecbnh c\u1ea7n si\u1ebft ch\u1eb7t qu\u1ea3n tr\u1ecb DNNN b\u1eb1ng c\u00e1ch l\u00e0m r\u00f5 vai tr\u00f2, n\u00e2ng cao tr\u00e1ch nhi\u1ec7m th\u00e0nh vi\u00ean H\u0110QT v\u00e0 ban \u0111i\u1ec1u h\u00e0nh, \u0111\u1ea3m b\u1ea3o quy\u1ec1n l\u1ee3i c\u1ed5 \u0111\u00f4ng, v\u00e0 minh b\u1ea1ch h\u00f3a th\u00f4ng tin, h\u01b0\u1edbng t\u1edbi ti\u00eau chu\u1ea9n qu\u1ed1c. B\u00ean c\u1ea1nh vi\u1ec7c ban h\u00e0nh c\u00e1c quy \u0111\u1ecbnh chuy\u00ean bi\u1ec7t cho DNNN v\u00e0 t\u0103ng c\u01b0\u1eddng c\u01a1 ch\u1ebf gi\u00e1m s\u00e1t, minh b\u1ea1ch th\u00f4ng tin s\u1ebd gi\u00fap n\u00e2ng cao hi\u1ec7u qu\u1ea3 tri\u1ec3n khai v\u00e0 tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh.<\/p>\n

– N\u0103ng l\u1ef1c t\u00e0i ch\u00ednh<\/em>. Nhi\u1ec1u DNNN g\u1eb7p kh\u00f3 kh\u0103n do thi\u1ebfu v\u1ed1n v\u00e0 g\u00e1nh n\u1eb7ng n\u1ee3, d\u1eabn \u0111\u1ebfn ph\u1ee5 thu\u1ed9c v\u00e0o h\u1ed7 tr\u1ee3 nh\u00e0 n\u01b0\u1edbc (Mo v\u00e0 c\u1ed9ng s\u1ef1, 2021). Do \u0111\u00f3, c\u1ea7n \u0111a d\u1ea1ng h\u00f3a ngu\u1ed3n v\u1ed1n th\u00f4ng qua k\u1ebft h\u1ee3p v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu v\u00e0 v\u1ed1n vay, th\u00fac \u0111\u1ea9y m\u00f4 h\u00ecnh PPP v\u00e0 ho\u00e0n thi\u1ec7n khung \u0111i\u1ec1u ti\u1ebft \u0111\u1ec3 n\u00e2ng cao t\u00ednh t\u1ef1 ch\u1ee7 t\u00e0i ch\u00ednh. Song song v\u1edbi ch\u1ee7 \u0111\u1ed9ng x\u00e2y d\u1ef1ng c\u00e1c ph\u01b0\u01a1ng \u00e1n huy \u0111\u1ed9ng v\u1ed1n ngo\u00e0i nh\u00e0 n\u01b0\u1edbc, \u0111\u1ed3ng th\u1eddi ph\u1ea3i c\u00f3 c\u00e1c ti\u00eau ch\u00ed \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 s\u1eed d\u1ee5ng v\u1ed1n \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 c\u00f4ng khai c\u00f9ng th\u1eddi \u0111i\u1ec3m ph\u00e1t h\u00e0nh b\u1ea3n c\u1ea3o b\u1ea1ch.<\/p>\n

– Minh b\u1ea1ch v\u00e0 tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh<\/em>. H\u1ec7 th\u1ed1ng qu\u1ea3n l\u00fd hi\u1ec7u su\u1ea5t (PMS) c\u1ea7n g\u1eafn v\u1edbi m\u1ee5c ti\u00eau chi\u1ebfn l\u01b0\u1ee3c, thi\u1ebft l\u1eadp KPI r\u00f5 r\u00e0ng v\u00e0 t\u00edch h\u1ee3p qu\u1ea3n l\u00fd r\u1ee7i ro, gian l\u1eadn (Neshamba, 2019). Hi\u1ec7u qu\u1ea3 DNNN n\u00ean \u0111\u01b0\u1ee3c \u0111\u00e1nh gi\u00e1 d\u1ef1a tr\u00ean c\u1ea3 k\u1ebft qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng v\u00e0 \u0111\u00f3ng g\u00f3p cho m\u1ee5c ti\u00eau ph\u00e1t tri\u1ec3n qu\u1ed1c gia. DNNN tu\u00e2n th\u1ee7 c\u00e1c y\u00eau c\u1ea7u cung c\u1ea5p th\u00f4ng tin c\u00f4ng khai tr\u00ean \u201cC\u1ed5ng th\u00f4ng tin doanh nghi\u1ec7p\u201d \u0111\u1ecbnh k\u1ef3 s\u1ebd gi\u00fap minh b\u1ea1ch h\u01a1n th\u00f4ng tin t\u00e0i ch\u00ednh c\u1ee7a t\u1ea5t c\u1ea3 c\u00e1c DNNN. Tuy nhi\u00ean \u0111\u1ec3 tri\u1ec3n khai th\u00e0nh c\u00f4ng ho\u1ea1t \u0111\u1ed9ng n\u00e0y \u0111\u00f2i h\u1ecfi ph\u1ea3i t\u0103ng c\u01b0\u1eddng gi\u00e1m s\u00e1t tu\u00e2n th\u1ee7 \u1edf m\u1ee9c \u0111\u1ed9 cao h\u01a1n so v\u1edbi hi\u1ec7n t\u1ea1i.<\/p>\n

T\u00f3m l\u1ea1i, \u0111\u1ec3 t\u0103ng c\u01b0\u1eddng t\u00ednh t\u1ef1 ch\u1ee7 v\u00e0 n\u00e2ng cao hi\u1ec7u qu\u1ea3 ho\u1ea1t ho\u1ea1t \u0111\u1ed9ng c\u1ee7a DNNN c\u1ea7n h\u01b0\u1edbng \u0111\u1ebfn c\u1ea3i c\u00e1ch v\u00e0 tu\u00e2n th\u1ee7 c\u00e1c nguy\u00ean t\u1eafc QTCT m\u00e0 OECD \u0111\u00e3 \u0111\u1ec1 xu\u1ea5t, qu\u00e1 tr\u00ecnh \u00e1p d\u1ee5ng c\u0169ng c\u1ea7n t\u00ednh \u0111\u1ebfn c\u00e1c y\u1ebfu t\u1ed1 ph\u00f9 h\u1ee3p v\u1edbi \u0111\u1eb7c th\u00f9, b\u1ed1i c\u1ea3nh c\u1ee7a Vi\u1ec7t Nam. X\u00e2y d\u1ef1ng l\u1ed9 tr\u00ecnh c\u1ea3i c\u00e1ch r\u00f5 r\u00e0ng, ph\u00e2n \u0111\u1ecbnh tr\u00e1ch nhi\u1ec7m v\u00e0 n\u00e2ng cao n\u0103ng l\u1ef1c th\u1ef1c thi s\u1ebd gi\u00fap c\u1ee7ng c\u1ed1 k\u1ef9 n\u0103ng qu\u1ea3n tr\u1ecb, n\u00e2ng cao hi\u1ec7u qu\u1ea3 v\u00e0 t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a DNNN.<\/p>\n

T\u00e0i li\u1ec7u tham kh\u1ea3o:<\/u><\/em><\/strong><\/p>\n

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  14. Wang, K. T., & Cheng-Han, T. (2020). Does corporate governance enhance firm performance? Evidence from emerging markets. Journal of Business Research, 112, 1-10.<\/em><\/li>\n
  15. World Bank (2021). State-owned enterprises: Improving corporate governance and efficiency. Washington, DC: World Bank.<\/em><\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    T\u1ea1i Vi\u1ec7t Nam, doanh nghi\u1ec7p nh\u00e0 n\u01b0\u1edbc gi\u1eef vai tr\u00f2 quan tr\u1ecdng trong th\u00fac \u0111\u1ea9y t\u0103ng tr\u01b0\u1edfng v\u00e0 \u1ed5n \u0111\u1ecbnh kinh t\u1ebf v\u0129 m\u00f4. Tuy nhi\u00ean, nh\u1eefng h\u1ea1n ch\u1ebf v\u1ec1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng v\u00e0 ch\u1ea5t l\u01b0\u1ee3ng qu\u1ea3n tr\u1ecb trong b\u1ed1i c\u1ea3nh h\u1ed9i nh\u1eadp v\u00e0 c\u1ea1nh tranh ng\u00e0y c\u00e0ng gia t\u0103ng \u0111\u1eb7t ra y\u00eau c\u1ea7u […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[59,22],"tags":[],"acf":{"linh-vuc":"\u0110o l\u01b0\u1eddng"},"_links":{"self":[{"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/posts\/91096"}],"collection":[{"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/comments?post=91096"}],"version-history":[{"count":2,"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/posts\/91096\/revisions"}],"predecessor-version":[{"id":91271,"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/posts\/91096\/revisions\/91271"}],"wp:attachment":[{"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/media?parent=91096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/categories?post=91096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tcvn.gov.vn\/wp-json\/wp\/v2\/tags?post=91096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}