Strong rise of new players in Saigon cinema marketVietNamNet 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. 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. Galaxy Cinema announced on its official website that Galaxy Nguyen Trai had to close on August 15 after 10 years of operation.The cinema chain did not reveal the reason behind the decision to close Galaxy Nguyen Trai. With the closure, Galaxy now has one cinema – Galaxy Nguyen Du - in central district 1.Meanwhile, the other three cinemas are in non-central areas. Galaxy Quang Trung is in Go Vap district, while Galaxy Tan Binh in Tan Binh and Galaxy Kinh Duong Vuong in Binh Tan district.The HCMC cinema market in recent years witnessed the strong rise of new players.

Source: VietNamNet News September 02, 2016 09:00 UTC