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Vietnam aims to become Asia's next cultural powerhouse

Vietnam is actively pursuing a strategy to become a major cultural exporter in Asia, leveraging both government initiatives and grassroots creativity. The government has designated culture as a key pillar for sustainable development, aiming for the cultural economy to grow 10% annually and constitute 7% of GDP by 2030. This top-down approach is complemented by a vibrant bottom-up movement of young creators empowered by digital access and a growing middle class, leading to the international recognition of Vietnamese pop culture and fashion. AI

RANK_REASON Government policy and economic strategy to foster a cultural export industry. [lever_c_demoted from significant: ic=1 ai=0.1]

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Vietnam aims to become Asia's next cultural powerhouse

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Lee Williamson ·

    More than manufacturing: Vietnam has hopes to become Asia’s next cultural powerhouse

    Government policy and grassroots creators hope to prove that Vietnam can export culture as well as consumer goods.