Establishing Vietnam Culture Day, increasing investment in culture
The Resolution takes effect from July 1, 2026. According to the Resolution, the State ensures that annual cultural spending is at least 2% of total state budget expenditure and gradually increases according to development requirements in each period. At the same time, encourage the mobilization of social resources for cultural development.
One of the most notable points is that the National Assembly decided to choose November 24th every year as Vietnam Culture Day. Workers across the country are off work and receive full salary on this day.
Competent state agencies will decide on the exemption or reduction of fees and charges for visiting public cultural and sports facilities on November 24. The Resolution also encourages people, especially youth and children, to participate in cultural activities during major national and country holidays.
Expanding incentives, promoting the cultural industry
The Resolution stipulates the formation of clusters, cultural creative industrial parks and cultural creative complexes to develop a modern cultural and entertainment industrial ecosystem based on high technology and innovation.
Organizations and individuals investing in the cultural sector will enjoy many incentives such as support for access to land, production and business premises; corporate income tax exemption for 2 years and a 50% reduction in tax payable in the next 4 years for income from cultural activities.
The Resolution also exempts personal income tax and corporate income tax for income from share transfers and capital contributions to cultural enterprises.
For experts and scientists working in the field of culture at enterprises, they will be exempt from personal income tax for 2 years and reduced by 50% of the tax payable in the next 4 years for income from salaries and wages.
Some key priority areas include cultural tourism, cinema, performing arts, fine arts and online electronic games with educational content, promoting Vietnamese cultural and historical values. The Resolution also applies a preferential tax rate of 5% for cinema, performing arts, exhibitions and professional sports.
Notably, the State will implement a tax refund policy for foreign organizations and individuals who film in Vietnam to promote the country's image and Vietnamese tourism internationally.
In addition, the Resolution also stipulates piloting the establishment of a Cultural and Art Fund at the central level and in some localities according to the public-private partnership model until the end of 2035 to support innovative startups and cultural projects with potential social spillover effects.
According to the Resolution, the Ministry of Culture, Sports and Tourism is the focal agency responsible to the Government in state management and urging implementation.
