Update news CGV
Viewers at cinemas in Hanoi now have to follow strict guidelines when going to watch a movie, including wearing face masks and having their body temperature checked as a means of controlling the further spread of the novel coronavirus.
Vietnam’s retail market is growing at an annual rate of 10.9% in the 2013 – 2018 period, while most leading names in the market come from the Republic of Korea (RoK) and Japan.
VietNamNet Bridge - The cinema market was estimated to have modest value of $6 million in 2008, but the figure soared by 10 times in 2013 and exceeded the $100 million threshold in 2015, according to CGV.
VietNamNet Bridge - The HCM City cinema market has become much more competitive with the closure of Galaxy Nguyen Trai, one of the most important cinemas of Galaxy Cinema, and the rise of several newcomers.
South Korean conglomerate CJ’s movie theatre chain CGV is under suspicion of monopoly behaviour disadvantaging Vietnamese movie producers and distributors.