Cinema industry aims to make $50m by 2020

September 17, 2016 - 09:00

Việt Nam aims to earn US$50 million in revenue from Vietnamese films by 2020

Locals buy tickets at a movie theatre. Revenue from the cinema industry is expected to reach US$150 million by 2020. —VNA/VNS Photo Anh Tuấn
Viet Nam News

HÀ NỘI — Việt Nam aims to develop a film making industry worth of  US$50 million in revenue by 2020.

This is one of the targets mentioned under the Việt Nam Culture Industry Development Strategy, which was approved by the Prime Minister earlier this week. Revenue from the culture industry is expected to contribute three per cent to the country’s GDP by 2020.

Pushing forward human resources development and improving management and sales skills of employees working in the culture industry are among the tasks and measures that need to be undertaken to achieve the targets.

In addition, enhancing the application of modern technology in producing, publishing and storing cultural products is also required.

Reforming and developing the print and publication industry, art performances, film production, advertising and exhibitions must also be encouraged to realise the goals. — VNS

 

 

 

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