Stimulating Hanoi's economy through cultural industries
Hoan Kiem District has invested a lot of resources in developing cultural tourism in recent years.
Hoan Kiem District has invested a lot of resources in developing cultural tourism in recent years.
In keeping with the UN's Sustainable Development Goals, Vietnam is fostering cultural industries.
The city government aims for cultural industries to contribute around 5% of the city's gross regional product (GRDP) by this year.
The government is expected to issue specific resolutions and guidelines for ministries to develop cultural industries and make them a pillar of the economy.
With special provisions to foster cultural industries in Hanoi, the amended Capital Law is expected to establish the capital as the nation's beating heart.
The cultural industry needs to be developed while balancing economic interests and culture; this will ensure that human and cultural considerations are included in economic development.
International experts and cultural activists have joined hands with Hanoi in boosting capital cultural industries.
Hanoi is the first city in Vietnam to issue a resolution on cultural industry development, demonstrating the determination of the people and authorities of Hanoi to promote cultural values as an economic spearhead.
Many developing countries, including Vietnam, forged their path to harness national cultural strength for human development.
Many cultural enterprises and artists desire to join in boosting the country's cultural industries, but they face many obstacles.