beta media receives cash injection amid cinema industrys hefty losses

Beta Media receives cash injection amid cinema industry's hefty losses

Cineplexes startup Beta Media just received an investment of several million US dollar from Daiwa PI Partner, fueling the firm's ambitions to extend its network and create more Vietnam-made movies for local customers.    
will online movie platforms overtake traditional theatres

Will online movie platforms overtake traditional theatres?

A new cinematic experience has been occurring during the COVID-19 pandemic.
ott takes advantage of cinema slump

OTT takes advantage of cinema slump

National social distancing measures are dragging CGV and other cineplexes down, causing substantital losses. However, over-the-top services operating online like Netflix have greatly profited from the crisis, especially since they have yet to observe their tax obligations in Vietnam.
hanoi orders closure of bars to stop covid 19

Hanoi orders closure of bars to stop COVID-19

Authorities in Hanoi have ordered the temporary closure of bars, massage parlours, karaoke clubs and cinemas to avoid large crowds.
cj cgv vietnam temporarily shuts down cineplexes in ho chi minh city

CJ CGV Vietnam temporarily shuts down cineplexes in Ho Chi Minh City

CJ CGV Vietnam foresees great losses from the next two weeks as it announced to temporarily halt the operation of all cineplexes in Ho Chi Minh City.
ho chi minh city temporary closes public entertainment facilities

Ho Chi Minh City temporary closes public entertainment facilities

Deputy chairman of Ho Chi Minh City People’s Committee Le Thanh Liem on March 14 signed an urgent document requiring local authorities to temporary stop all public entertainment facilities such as cinemas, pubs, online gaming shops, massage parlours, karaoke clubs, discotheques, and theatres in all 24 districts of the city starting from 6pm today (March 15).
trade centers and playgrounds abandoned over weekend

Trade centers and playgrounds abandoned over weekend

People avoided trade centres, cinemas, and playgrounds even during the weekend due to worries about the novel coronavirus.
vietnamese movie screened at rok film festival

Vietnamese movie screened at RoK film festival

The Republic of Korea (RoK)-based ASEAN Culture House (ACH) is holding a film festival showing films from ASEAN countries including Vietnamese movie Hai Phuong (Furie).
netflix cannot find grip on vietnam

Netflix cannot find grip on Vietnam

While Netflix is eating into the business of the cinema industry across the world, three years after being launched, it has yet to find success in Vietnam. Anh Thu reports.
phong nha ke bang to be introduced at hollywood

Phong Nha-Ke Bang to be introduced at Hollywood

Phong Nha-Ke Bang National Park in the central province of Quang Binh will be introduced in a Hollywood cinema on January 23, said head of the province’s department of tourism.
netflix may turn a corner in vietnam

Netflix may turn a corner in Vietnam

As Netflix is taking the cinema industry by storm across the world, it cannot take over Vietnam, despite being launched for three years.
latin american films to be screened for free

Latin American films to be screened for free

The sixth Latin American Film Festival will return to the capital city on October 8-13, promising to provide fans of the silver screen with entertaining treats.
foreign players dominate blossoming cinema scene

Foreign players dominate blossoming cinema scene

CJ CGV and Lotte Cinema hold the upper hand in the domestic cinema scene, with about two-thirds of the market, while local cinemas are floundering without necessary finance to really cope with such a threat. Kim Anh reports.
phuong nam wishes to divest all its cgv stakes at low price

Phuong Nam wishes to divest all its CGV stakes at low price

Phuong Nam Cultural JSC’s divestment of its stake in cinema giant CJ CGV (CGV) is rather unusual, as the cinema chain has been constantly expanding and Phuong Nam’s selling price is remarkably low.
lottecinema obscenely violates food safety

LotteCinema obscenely violates food safety

Processing areas, food storage, and restaurants are not hygienic, and maggots were found in milk machines. Are these the standards of LotteCinema Vietnam Co., Ltd. and Lotte Group?