80-NQ/TW on Vietnamese culture development, Vietnam has added a law on cultural industries development to its legislative agenda. The second meeting of the Central Steering Committee for the Development of Vietnamese Culture identified turning cultural industries into a new growth driver as a key priority. Vietnam boasts a rich cultural heritage, a young creative workforce, a market of over 100 million people and rapidly developing digital infrastructure – all favourable conditions for cultural industries to scale up. MOCST statistics show cultural industries’ average annual production value hit nearly 1.06 quadrillion Vietnamese VND (44 billion USD) between 2018 and 2022. The draft law will focus on key areas, including cultural industries ecosystem, cultural IP assets, infrastructure, workforce and trading platforms.