On November 27, with 430 delegates in favor and 13 delegates against, the National Assembly voted to pass the "Resolution of the National Assembly on investment policy for the National Target Program on Cultural Development for the 2025-2035 period".
The Program implementation period is 10 years, from 2025 to the end of 2035.
Regarding implementation costs, the National Assembly resolved that the total capital to implement the National Target Program on Cultural Development for the 2025-2030 period is at least 122,250 billion VND.
Of which, central budget capital: 77,000 billion VND (accounting for 63%); Local budget capital: 30,250 billion VND (accounting for 24.6%); Other capital sources: estimated at about 15,000 billion VND (accounting for 12.4%).
During the operation process, the Government continues to balance the central budget to prioritize additional support for the Program in accordance with actual conditions and has appropriate solutions to mobilize all legal capital sources for implementation.
The National Assembly requires that the central budget allocated to the Program must be invested in a focused, key and sustainable manner, focusing on the contents that need to be prioritized to create breakthroughs in cultural development.
According to the National Assembly Resolution, investment needs to be decentralized to create initiative for local authorities.
One of the specific mechanisms and policies in implementing the Program is to invest in building Vietnamese Cultural Centers abroad.
Presenting the report explaining, receiving and revising the draft Resolution, Chairman of the Committee for Culture and Education Nguyen Dac Vinh said that regarding funding, there were concerns that the rate of other capital sources accounting for 12.4% was still high, lacking feasibility for localities with difficulties.
The National Assembly Standing Committee explained that other sources of capital mobilized to implement the Program include capital from enterprises, organizations, and individuals participating in project implementation; capital mobilized through investment attraction policies; voluntary contributions from people (money, goods, working days)...
According to Mr. Nguyen Dac Vinh, the rate of 12.4% is the average rate in the whole country. In areas with developed socio-economic conditions, especially localities developing cultural industries, the rate will be higher.
As for localities with difficult socio-economic conditions, it is possible to mobilize people's contributions in the form of working days and materials.
"When the Program is implemented effectively, its activities will benefit the community itself, attracting contributions from the residential community and businesses" - the National Assembly Standing Committee stated its opinion.
