Internal Control in Enterprises: Research at Construction Enterprises in Vietnam

Internal control aims to limit potential risks, safeguard assets, and protect business information. In the context of the current digital revolution, new approaches to internal control are emerging. A study on internal control in Vietnamese construction enterprises was conducted through a survey questionnaire. With 50 questionnaires sent to the top 5 construction enterprises in Vietnam-ContecCons, FECON, Licogi 16, Vingroup, and Vinaconex - 40 valid responses were received. The results show that Vietnamese construction enterprises are not yet effectively using internal control. The article also provides recommendations for applying elements of internal control more appropriately and effectively.