Megastar cinemas renamed CGV

Megastar Cinemas, the largest cinema chain in Vietnam, has officially been renamed as CGV. The change was announced by the CJ CGV Group of South Korea, which is now the new manager of the cinema chain.

Here are some key takeaways:

• Megastar Cinemas rebranded as CGV, managed by CJ CGV Group of South Korea.
• 4DX technology to be installed in CGV cinemas, starting in Hanoi and Ho Chi Minh City.
• CGV aims to maintain market share, provide exciting movie experiences, and promote Vietnamese films.

Introduction of 4DX Technology in CGV Cinemas

The CJ CGV Group plans to install 4DX technology in all CGV cinemas to provide a four-dimensional movie experience to audiences. Hanoi and Ho Chi Minh City cinemas will be the first to offer this technology.

CGV’s Commitment to the Vietnamese Film Industry

MegaStar Cinemas, a joint venture between Vietnamese and foreign investors, opened its first cinema in Hanoi and Ho Chi Minh City in 2007. Since then, the chain has grown to 13 cinema complexes in seven cities and provinces nationwide, with over 50% market share. The new CEO of CGV Vietnam, Seo Jung, aims to maintain this market share and provide new and exciting movie experiences to audiences. Hollywood blockbusters will be screened in Vietnam before they are released in North America, and the group plans to organize a Vietnam Film Festival in South Korea this year to promote the country’s film industry.

In conclusion, the rebranding of Megastar Cinemas to CGV marks a new era in the Vietnamese film industry, with the latest technology and exciting experiences for audiences. The CJ CGV Group’s commitment to maintaining market share and promoting Vietnamese films is a positive step forward.