On May 6, information from the National Assembly Office said that Politburo Member, National Assembly Chairman Tran Thanh Man has just signed and issued Resolution No. 28/2026/QH16 on Vietnamese cultural development on behalf of the National Assembly.
The resolution is expected to create a strong "push" for the development of the country's culture in the new period with many specific and superior policies in terms of financial resources, talent treatment and promotion of creative industries...
Regarding mechanisms and policies to attract investment resources for cultural development, the resolution clearly states that the formation of clusters and cultural creative industrial parks is an area with defined geographical boundaries, concentrating organizations, businesses, and individuals operating in the field of cultural industry;
Supporting cultural, artistic, entertainment, cultural service training, providing infrastructure, and other related support services to create a synchronous and modern cultural and entertainment industry ecosystem based on high technology platforms and innovative business models.
At the same time, forming and developing a cultural creative complex is a complex of works, spaces, and technical infrastructure for lease, exploitation, and use to develop cultural industry combined with commercial and service goals in urban areas, residential areas, cultural tourist areas and cultural creative complexes.
Organizations and individuals investing in clusters and cultural creative industrial parks according to regulations are entitled to appropriate policies to support land access, production and business premises.
Notably, organizations and individuals investing in digital infrastructure, developing high-tech solutions for culture and developing key industries and fields of cultural industry, including: cultural tourism; cinema; performing arts; fine arts; online electronic games with educational content, propaganda, and promotion of Vietnamese cultural and historical values, are supported with income tax as follows:
Corporate income tax exemption for a period of 2 years and 50% reduction of tax payable in the next 4 years for income from cultural activities of enterprises. The determination of tax exemption and tax reduction period shall be implemented in accordance with the provisions of the law on corporate income tax;
Exemption from personal income tax and corporate income tax for income from the transfer of shares, contributed capital, capital contribution rights, rights to purchase shares, rights to purchase contributed capital into enterprises for cultural activities;
Personal income tax exemption for 2 years and 50% reduction of tax payable in the next 4 years for income from salaries and wages of experts and scientists received from cultural activities of enterprises.
The commune-level People's Committee decides to assign the self-management organization of the residential community to manage, operate, exploit, and use grassroots cultural and sports facilities; inspect and supervise to ensure regular and effective operation.
