Similar to any private sectors, all public units are facing up with big challenge of financial allocation management for higher efficiency. In order to deal with the issues of ineffective financial management at public service units, various concepts relating to public performance management will be discussed within this research including the autonomy, self-responsibility, and basing on the outputs; assessing the process of implementation, the results and limitations of financial management mechanism under the autonomy, self-responsibility. Then based on the literature review of these core concepts in accordance with the understanding of current issue facing the Vietnamese Women’s Museum, the author would recommend solutions to improve financial management mechanism in the Vietnamese Women’s Museum
