Cultural industries boast great potential and opportunities for development, and they are increasingly playing an important role in the economy, becoming a driving force for sustainable development.

The Ministry of Industry and Trade has recently announced the implementation of solutions aimed at promoting economic - trade and investment ties between Vietnam and C5 countries in Central Asia, including Kazakhstan, Kyrgyzstan, Takjikistan, Turkmenistan, and Uzbekistan.

Vietnam will enjoy favourable conditions to fuel its economic recovery this year despite the global moderate growth forecast, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.

Vietnam is well positioned to see the sharpest spike in wealth growth over the next decade as the country dubbed a global manufacturing hub remains a bright spot in its economic picture, American business news CNBC quoted a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & Partners.