NA approves investment policy for national target programme on cultural development

Accordingly, between 2025 and 2030, at least 122.25 trillion VND (4.8 billion USD) will be spent for cultural development. Of the amount, 77 trillion VND will be sourced from the central budget, 30.25 trillion VND from local budgets, and approximately 15 trillion VND from other funding sources.

The National Assembly on November 27 morning pass a resolution approving investment policy for the national target programme on cultural development in the 2025-2035 period. (Photo: VNA)

The Government will continue to adjust the central budget during the programme’s implementation, prioritising additional support for the programme based on actual needs, and seek measures to mobilise funding sources for its execution.

The programme, set to be implemented nationwide and in countries with longstanding cultural ties with Vietnam, aims to create a strong and comprehensive transformation in cultural development; perfect and standardise the ethics, identity, and values of Vietnamese individuals and families; improve the spiritual life and the ability of people to access and enjoy culture, and address disparities in cultural enjoyment between regions, social classes, and genders.

The programme is expected to contribute to preserving and upholding the value of the nation's unique cultural heritage; promoting socio-economic development; and enhancing the country's position in the international arena through promoting "soft power” of the Vietnamese culture, international cultural integration, and absorbing the quintessence of human culture.

Under the cultural development programme, by 2030, Vietnam aims to restore 95% of special national relics (equivalent to about 127 relics) and 70% of national relics (equivalent to about 2,542 relics).

The cultural industry is expected to contribute 7% to the country's GDP.

By 2035, it is expected that all special national relics, and at least 80% national relics will be restored, while the cultural sector will contribute 8% to the country's GDP.