Skip to main content
Imax Corp (IMAX)
Media and Entertainment Communication Services
Stock AI

IMAX Corporation Strengthens Presence in Vietnam with CGV Partnership

Last updated: July 21, 2026
Taurigo

1. IMAX Expands IMAX with Laser Experience Across Vietnam

In a significant move to enhance its footprint in Southeast Asia, IMAX Corporation (NYSE: IMAX) has announced a partnership with CGV to upgrade three existing CGV/IMAX locations in Vietnam to the cutting-edge IMAX® with Laser technology. This transition marks an exciting development for moviegoers in Ho Chi Minh City and Hanoi, set to commence in 2027.

A Thriving Market for IMAX

Vietnam has emerged as one of the most promising growth markets for IMAX, characterized by a rapidly expanding local film industry and a fervent audience eager for superior cinematic experiences. Preetham Daniel, Vice President of Theatre Development for India, Korea, Southeast Asia, and Australasia at IMAX, expressed enthusiasm about this partnership, stating, “Vietnam has quickly emerged as one of IMAX’s most exciting growth markets in Southeast Asia, driven by a passionate moviegoing audience, a strengthening local-language film industry, and strong demand for the best experiences possible.”

The upgrade to IMAX with Laser technology will elevate the viewing experience, delivering unparalleled image clarity and immersive sound, aligning with IMAX's commitment to providing the highest quality cinematic experience for audiences.

Record Growth in 2025

The announcement follows an impressive year for IMAX in Vietnam, where 2025 marked the company's most successful period to date, generating nearly $6 million in box office revenue. This surge was significantly bolstered by the release of the first-ever Vietnamese-language IMAX films, including “Money Kisses” and the recent “A Gift From Heaven.” The network of IMAX locations in Vietnam has doubled since 2022, growing to eight sites, with additional locations in development, showcasing the increasing demand for premier cinematic experiences in the region.

Cutting-Edge Technology

The CGV IMAX locations will be equipped with IMAX with Laser, IMAX’s most advanced cinema technology. This system is designed from the ground up to maximize immersion, offering crystal-clear 4K images and precision audio, coupled with state-of-the-art projection technologies. This upgrade is poised to set a new benchmark for moviegoing in Vietnam, elevating the entertainment landscape.

IMAX's Global Reach

As of March 31, 2026, IMAX operates 1,865 systems across 91 countries and territories, establishing itself as a global leader in entertainment technology. IMAX Corporation continues to innovate, providing filmmakers and audiences with one of the most powerful platforms for blockbuster events and entertainment.

The collaboration with CGV underscores IMAX's strategic focus on expanding its influence in high-growth markets while delivering exceptional cinematic experiences that resonate with local audiences. With the future upgrades set to enhance the CGV/IMAX network, movie lovers in Vietnam can look forward to an elevated viewing experience that redefines the way films are enjoyed.

For more information about IMAX and its innovative technology, visit www.imax.com.

You may also be interested in:
Copyright ©2026 Taurigo GmbH. All rights reserved.Taurigo GmbH provides no investment advice. Any analyses, research, ideas, prices, or other information contained on this website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. We assume no responsibility for the accuracy, completeness or timeliness of any financial information contained on this site. In particular, we do not constitute an invitation to buy, sell or hold securities or other financial products. We shall not be liable for any loss or damage, including without limitation loss of profits, arising directly or indirectly from use of or reliance on the provided information. Before making any investment decision, you should consider whether it is suitable for your situation and obtain appropriate financial, tax and legal advice.