Challenge for Vietnamese movie production: high costs, low profits

April 08, 2024

A workshop at the Ho Chi Minh City International Film Festival 2024 (HIFF 2024) has highlighted the challenge Vietnamese movie producers face: despite high production costs, profits remain low. Ngo Thi Bich Hanh, co-founder and vice-chairwoman of multimedia company BHD, reports news about Vietnam’s cinema industry. At present, nearly 50 Vietnamese enterprises are engaged in movie production and over half of them have produced only one movie each. However, film production and cinema operation costs are high in Vietnam, resulting in low profits, especially after the COVID-19 pandemic was kept at bay. She blamed the high film production costs on the shortage of fixed film studios.

The source of this news is from Tuoi Tre News

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