The film “Đào, Phở và Piano” and the film “MAI” by director Trấn Thành are currently the two hottest works in cinemas nationwide. However, in stark contrast to MAI, which has dozens of screenings each day at all cinemas, “Đào, Phở và Piano” has a limited number of screenings. Currently, this film is only screened at a single complex, the National Cinema Center.
The film “Đào, Phở và Piano” is a motion picture by director Phi Tiến Sơn commissioned by the Ministry of Culture, Sports and Tourism, the Film Department, and produced by Film Production Joint Stock Company I, inspired by the 60-day battle at the end of 1946 and early 1947 in Hanoi. Before its release on the occasion of Tet, the film won the Silver Lotus Award at the 23rd Vietnam Film Festival in November 2023.
However, recently, in an interview with Văn Hóa newspaper, Chairman of Beta Group Bùi Quang Minh – known as Minh Beta and an investor on the program Shark Tank Vietnam – expressed the company’s desire to screen the film “Đào, Phở và Piano” at 18 Beta Cinemas. Thus, this film can reach a larger audience in the near future.
Image of people lining up to buy tickets for Đào, Phở và Piano at the National Cinema Center.
About the production unit of the above-mentioned film, Film Production Joint Stock Company I was originally the Film Production Company I, established on March 5, 1990. In 2010, Film Production Company I was transformed into Film Production Joint Stock Company I, with nearly 60% of government capital, the first stock corporation in the film industry. Since 1998, the company has been headquartered at No. 151 Hoàng Hoa Thám Alley, Ngọc Hà Ward, Ba Đình District, Hanoi, on loan from the Film Department.
On June 30, 2023, Film Production Joint Stock Company I had a charter capital of over 14 billion Vietnamese Dong, with three major shareholders including SCIC (59.95%), Mr. Trần Như Hưng – Deputy Chairman of the Board of Directors and Deputy General Director owning 15.54%, and Ms. Nguyễn Hồng Phương Lan owning 5.31%.
In its main business of film production, video production, and television program production, Film Production Joint Stock Company I is well-known through feature films such as “Chuyện của Pao, Lưới Trời, Lính chiến, Phượng cháy, Miền núi và hải đảo”.
In terms of business performance, Film Production Joint Stock Company I’s revenue in 2022 reached 13.1 billion Vietnamese Dong, an increase of over 10% compared to the same period last year. Deducting expenses, the company had a net profit of 25.3 million Vietnamese Dong. As previously affected by the COVID-19 pandemic, Film Production Joint Stock Company I’s revenue in 2020 reached nearly 5 billion Vietnamese Dong, and the company made no profit. In fact, the company incurred a net loss of 9.2 million Vietnamese Dong in 2021.
However, in late December 2023, SCIC announced the implementation of a competitive public offering of all 840,910 shares, equivalent to 59.95% of the capital of Film Production Joint Stock Company I to domestic investors. The total shares will be consolidated into one lot with a starting price of over 8.86 billion Vietnamese Dong.
Participating investors must deposit 10% of the value of the share lot registered for purchase in Vietnamese Dong according to the starting price of the competitive public offering. The deadline for registration and deposit payment is no later than December 18, 2023. Petroleum Securities Joint Stock Company (HNX: PSI) is the organizer advising on this transaction.
Regarding the auction time, SCIC is expected to start the auction at 9:00 AM on December 26, 2023. The time for payment for share purchase and refund of deposits will take place from December 26, 2023, to January 2.
Earlier, the auction session for Film Production Joint Stock Company I’s shares by SCIC on November 7 did not succeed as there were no investors registered to participate in the auction by the registration and deposit deadline (4:00 PM on October 31, 2023).
