VnnNews – Vietnamese movies must account for at least 20 percent of the total shows at cinemas, according to the government’s newly-issued circular guiding the implementation of some articles in the Cinema Law 2006 and the amended Cinema Law 2009, which will take effect on July 7.
Celebrating Vietnamese film
According to the new regulation, locally-made films must cover at least 30 percent of the total broadcasting time for movies on television channels. Vietnamese movies must be broadcast from 8-10pm.
At the cinemas, Vietnamese films must account for at least 20 percent of the total shows in a year.
Films for kids of less than 16 must account for at least 5 percent of the total broadcasting time for films on television channels.
To encourage the local movie industry, the state will wholly or partly buy the ownership of films which are produced by local film firms and considered to have values. Film companies are exempt from registration fees for land and housing usage. Provincial authorities have to give priority to film firms in land allocation.
In addition, film firms must have authorized capital of at least 1 billion dong.
The government will set up the Movie Assistance Fund, an independently financial firm financed by the state at its establishment.
PV
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