Việt Nam is in the top 10 developing economies in exporting creative products with a value of US$14.153 billion, heard a conference on Tuesday.The conference, co-organised by the Central Institute for Economic Management (CIEM) and the German Agency for International Cooperation (GIZ), discusses opportunities and recommendations for Việt Nam to promote the development of its creative economy.According to Nguyễn Anh Dương, Head of the CIEM’s General Research Department, the global export of creative products increased from $208 billion in 2002 to $524 billion in 2020, in which Asia has been the largest exporter since 2007.CIEM’s statistics showed that the world’s biggest exporters of creative products include the US, Italy, Germany, France, the UK, the Republic of Korea, Poland, Switzerland, the Netherlands and Japan, with a total value of $170.7 billion.The top developing economies in term of creative product exports included mainland China, Hong Kong, Việt Nam, India, Taiwan (China), Malaysia, Singapore, Turkey, United Arab Emirates and Thailand, with a total value of $276.997 billion.Creative economic sectors include handicraft, fashion and design, culinary art, performing art, visual art, film and media, information technology and software engineering, tourism and cultural heritage, music and entertainment, publishing and literature, digital content creation, digital marketing and advertising.CIEM pointed out that a young and technology-savvy population, favourable policies and rich cultural heritage coupled with the rapid digitalisation and economic integration will fuel the boom of the creative economy in Việt Nam.A number of policies for the development of the creative economy in Việt Nam have been issued, such as the regulations on science and technology, intellectual property, performing arts and online games.Việt Nam could learn from the experiences of foreign countries in promoting creative economy development, according to CIEM. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News