In November, Vietnam’s arts, entertainment, and recreation sector registered 1 new project with US$668,000 in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This represents a 30.05 percent increase compared to October, which recorded 1 new project and US$513,000 in newly registered capital.
Year-to-date (YTD), the sector has attracted a total of 7 new projects with US$13.2 million in newly registered capital, indicating growth in the sector.
The arts, entertainment, and recreation sector in Vietnam is benefitting from the country’s growing tourism and leisure industry. This sector plays a key role in supporting Vietnam’s entertainment infrastructure, which includes tourism attractions, cultural events, and recreational activities that contribute to the economy.
Key foreign firms in the arts, entertainment, and recreation sector in Vietnam include international brands and companies involved in tourism, cinemas, and recreation centers, which continue to invest in the country as part of its expanding entertainment market.
The sector is showing promising growth, with future prospects expected to continue as Vietnam’s entertainment industry develops.
See also: Creative Industries in Vietnam