The Vietnam Music Copyright Protection Centre (VCPMC) collected over VND393 billion (US$15.48 million) in music copyright royalties last year, up 14.2% year-on-year, revealed the centre’s annual review conference held in Hanoi on January 8.
VOV.VN - The Music Copyrights Management Online Joint Stock Company (MCM Online) launched an ecosystem on February 22 as part of efforts to protect music copyright on the internet, the first of its kind in Vietnam.
Copyright fees collected overseas for the use of Vietnamese music increased from nearly VND2 billion (US$87,000) in 2019 to more than VND3.6 billion last year.