Cinema industry aims to make 50 million USD by 2020

Poster of Jackpot. Vietnam's film industry aims to earn 50 million USD by 2020. (Source: honolulumuseum.org)

Hanoi (VNA) - Vietnam aims to develop a film making industry worth of 50 million USD in revenue by 2020.

This is one of the targets mentioned under the Vietnam Culture Industry Development Strategy, which was approved by the Prime Minister earlier this week. Revenue from the culture industry is expected to contribute three percent 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.-VNA