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Update news Vietnam’s cultural industries
Many cultural experts believe that raising VAT (value added tax) on cultural products is not a wise decision right now as this is not in line with the general trend.
The Ministry of Culture, Sports and Tourism on November 5 issued a plan to carry out the Prime Minister’s Directive No.30, dated August 29, 2024, on the development of cultural industries.
Prime Minister Pham Minh Chinh on August 29 signed a directive outlining tasks for the development of the country's cultural industries, aiming to position Vietnam as a major player in the field.
The Government has issued a decision approving the development strategy for Vietnam’s cultural industries to 2020 with a vision to 2030.