Encourage to strengthen the investment in the cultural creativity

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This is one of tasks and solution prescribed at the Decision No. 1755/QD-TTg dated September 08, 2016 of the Prime Minister on approving the development strategy of Vietnamese cultural industry by 2020 and with a vision to 2030.

Accordingly, with the general objectives on the development of Vietnamese cultural industries; targets by 2020 is to strive for the revenues of cultural industries to contribute about 3% GDP and create more jobs for society in which the contribution of some industries; and targets by 2030 is to strive for the revenues of cultural industries to contribute about 7% GDP and create more jobs for society in which the contribution of some industries…beside encouraging the foreign and domestic enterprises to strengthen the investment in the cultural creativity, making of cultural products and services; developing the enterprise network particularly forming a number of large groups of cultural industry in the field of communication, Cinematography, radio, television, software and online games; the Prime Minister also suggests some other major tasks and solution such as developing the preferential policies, promoting the propagation and investment and development of cultural industries with their existing advantages and potential such as: Cinematography; performing art; advertising; handicraft; software and entertainment games; television and radio; fashion and cultural tourism; Gradually increasing the proportion of Vietnamese films in theaters; producing cartoon in association with the accompanied products and services; stepping up the autonomy for the public non-business in accordance with the characteristics of each art form; Forming the non-public Center for assessment and auction of fine art works and fashion design Centers and the production linkage network between the enterprises in the industry…

This Decision takes effect on the signing date.