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

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Chairman of the National Assembly's Committee on Culture and Education Nguyen Dac Vinh presents the draft Resolution on investment policy for the National Target Program on Cultural Development for the 2025-2035 period.

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

The program, 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 standardize 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 program 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 program, 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.

Source: VNA