Netflix wants to produce Vietnamese content

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Speaking at a meeting with Mai Tien Dung, Chairman of the Government Office on Monday, Reed Hastings added that the company, which has set up offices in other Asian countries like India, Singapore, South Korea, and Japan, wants to set up one in Vietnam too.
Netflix has been available in Vietnam since 2016 at VND180,000 ($7.8) a month for a basic subscription.
It has been seeking to produce and acquire rights for more Asian content to increase the number of global subscribers.
In September “Hau Due Mat Troi” (Descendants of the Sun Vietnam) became the first Vietnamese series to be screened on Netflix following the screening of movies like “Trung So” (Jackpot) and “Hai Phuong” (Furie).
Netflix has 151 million subscribers in 190 countries.
Questions & Answers
Q.What is the primary reason Netflix wants to produce content in Vietnam?
What is the primary reason Netflix wants to produce content in Vietnam?
Netflix's CEO stated that the company wants to produce content in Vietnam as part of its strategy to expand its services across Asia. This move aims to increase its global subscriber base.
Q.When did Netflix become available to subscribers in Vietnam?
When did Netflix become available to subscribers in Vietnam?
Netflix has been accessible in Vietnam since 2016, offering a basic subscription plan for VND180,000, which is equivalent to $7.8. It has been available for four years now.
Q.Has Netflix already screened any Vietnamese content?
Has Netflix already screened any Vietnamese content?
Yes, Netflix has screened Vietnamese content. 'Hau Due Mat Troi' became the first Vietnamese series to appear on the platform in September, following films such as 'Trung So' and 'Hai Phuong'.
Q.Is Netflix planning to open an office in Vietnam?
Is Netflix planning to open an office in Vietnam?
Yes, Netflix's CEO Reed Hastings indicated the company's desire to establish an office in Vietnam. Netflix already has offices in other Asian countries, including India, Singapore, South Korea, and Japan.
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