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Update news vietnam's film industry
Investors in the film industry are not pleased about the decision to raise the VAT rate on culture and art products from 5 percent to 10 percent, saying that the tax rate will hinder the development of the industry.
Vietnam's tourism and cinema industries are aligning like never before, with policies fostering collaboration between the two sectors. However, effectively promoting Vietnamese tourism through cinema in foreign markets remains an uphill battle.
Lawmakers caution against judging Vietnam’s film industry solely by high-grossing films as dozens struggle with financial losses.
More than 100 films from 51 countries and territories will be screened in the seventh Hanoi International Film Festival (HANIFF), which will take place from November 7 to 11.
With its stunning natural landscapes, diverse culture, and rich cuisine, Vietnam has significant potential to develop tourism through the film industry, however, this potential remains fully untapped.
Da Nang is luring filmmakers keen to shoot in the central coastal city, and spurring local tourism in the process, a municipal official has said.
At the Telefilm 2024 event held in HCM City from June 6-8, Thu Do Multimedia introduced three cutting-edge AI-integrated solutions designed to elevate quality and efficiency in the film and television industry.