Remove the conditions for movie distribution business in Vietnam

Currently, the film distribution business is a conditional business line specified at Investment Law. However, Cinema Law 2022 has removed the conditions for the film distribution business in Vietnam.

Remove the conditions for movie distribution business in Vietnam(Source: Internet)

Specifically, in Article 48 of Vietnam's Law on Cinema 2022, No. 192 has been amended in Appendix IV-List of conditional business lines and industries promulgated together with Vietnam's Investment Law 2020 as follows:

No. Industries, professions
192 Film distribution business

Currently, No. 192, is the industry: Film distribution and dissemination business in Vietnam.

Thus, from January 1, 2023, the film distribution business is no longer a conditional business line in Vietnam.

 

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