Director of the Việt Nam Centre for Protection of Music Copyright Đinh Trung Cẩn (second from right) at the meeting of the International Confederation of Societies of Authors and Composers in Beijing, China, in October. — Photo nhandan.vn

HÀ NỘI — Việt Nam has been listed among the world’s top 50 countries with the highest music copyright revenue, and among the top 10 digital-revenue markets in the Asia-Pacific region, according to the Việt Nam Centre for Protection of Music Copyright (VCPMC).

The announcement follows the official release of the Global Collections Report 2025 by the International Confederation of Societies of Authors and Composers (CISAC).

The report provides a comprehensive analysis of 2024 copyright revenue data compiled from 228 collective management organisations across 111 countries and territories. According to CISAC, global copyright collections reached 13.97 billion euros (US$16.17 billion) in 2024, up 6.6 per cent year-on-year, with digital revenue continuing to drive worldwide growth.

The report placed Việt Nam among the top 10 Asia-Pacific countries with the highest digital copyright collections, which totalled 12 million euros in 2024. Việt Nam ranks eighth in the region for digital music copyright revenue, surpassing markets such as Taiwan (China) and Thailand.

Although Việt Nam is still undergoing digital transformation, VCPMC has maintained a forward-looking approach, seizing opportunities, leveraging available resources and expanding international cooperation. This strategic direction has enabled the centre to optimise revenue streams and establish its own effective development pathway.

Việt Nam’s digital revenue grew by 15.7 per cent, reflecting significant expansion in the online copyright market. Digital income now accounts for 86.6 per cent of total collections – one of the highest proportions in the region, showing Việt Nam’s heavy reliance on digital platforms.

The CISAC report also provides the global copyright revenue ranking, in which Việt Nam stands at 47th among the world’s top 50 music copyright markets. The country generated a total of 14 million euros in 2024, up 12.7 per cent from 2023 – an impressive increase signalling strong market development, particularly in the digital domain, which accounts for more than 86 per cent of total revenue.

A VCPMC representative reported that from the beginning of 2025 to November 18, an additional 734 authors had registered as members, bringing the total number of authorised members to 7,072.

In the third quarter of 2025, royalty disbursements to authors and rightsholders exceeded VNĐ108 billion ($4 million). Of this, over VNĐ92.5 billion was paid to domestic authors and nearly VNĐ15.7 billion to foreign authors.

In recent years, VCPMC has made significant progress across all areas of operation. CISAC has recognised the centre as a collective management organisation (CMO) with a model comparable to leading societies worldwide, including SACEM (France), JASRAC (Japan), GEMA (Germany), APRA AMCOS (Australia) and KOSA (Republic of Korea).

VCPMC now maintains reciprocal agreements with many CISAC members, enabling Vietnamese works to earn royalties internationally and foreign works to be licensed and remunerated in Việt Nam.

CISAC has highlighted VCPMC as a CMO with solid growth, strong credibility in the region and expanding international partnerships. The centre continues to play a vital role in promoting Vietnamese musical works globally while protecting authors’ legitimate rights and interests, thereby fostering creativity in a modern and progressive environment. — VNA/VNS