An Analysis of the Reasons for the Continuous Development of Vietnams Film Industry

Abstract

In recent years, the Vietnamese entertainment industry has seen an increase exceeding the worlds average growth rate. The growth reflected the Vietnam governments long-term goal to build its cultural industry and entertainment industry from 2020 to 2030. The entertainment industry will include a broad range of interrelated industries that produce entertainment products and services, especially the film industry, which has seen significant growth throughout the years. To dive deeper into the development of Vietnams film industry, this study presents a comprehensive analysis of the drivers behind the growth trajectory of Vietnams film industry, examining the interplay of cultural, political, and economic factors. The research methodology employed in this study involves an extensive review and synthesis of existing scholarly literature and reputable sources pertaining to the development of Vietnams film industry. This shift in the film industry is attributed to factors such as the abolition of censorship, the industrys appeal to a broader demographic, the diversification of content, and the transformative impact of streaming platforms. Additionally, while the industry exhibits notable progress, challenges persist, including the need for policies to nurture emerging talent and address the shortage of skilled professionals in various production roles.