The entertainment industry in Vietnam has undergone significant changes in recent years, with the introduction of streaming platforms such as Netflix (Nguyen, 2020). The impact of Netflix on the entertainment industry in Vietnam is a topic of growing interest among scholars and researchers. The purpose of this literature review is to examine the available research on the topic and to provide an overview of the key findings.

In the past, the entertainment industry in Vietnam was primarily dominated by state-owned television and film production companies. However, the rise of streaming platforms such as Netflix has disrupted this traditional model and has begun to change the way that content is produced, distributed, and consumed in the country. This literature review will explore the specific impact of Netflix on the entertainment industry in Vietnam, including its effects on content production, distribution, and consumption.

The scope of the literature being cited in this review includes studies that have been published in academic journals, as well as articles and reports from industry experts. While there is a growing body of research on the topic, the availability of resources is limited (Tran, 2019). This is partly due to the fact that Netflix only recently entered the Vietnamese market, and there is still a lack of long-term data and research on the impact of the platform. Nevertheless, the studies that have been conducted provide valuable insights into the impact of Netflix on the entertainment industry in Vietnam.

One of the major findings from the literature is that Netflix has had a significant impact on the way that content is produced in Vietnam. The platform has increased the demand for high-quality, locally-produced content. This has led to the development of a new generation of independent filmmakers and production companies, who are now able to reach a global audience through the platform (Nguyen, 2020). Additionally, it has also created opportunities for collaboration between local and international production companies. Netflix has also had a significant impact on the distribution of content in Vietnam. The platform has made it possible for audiences in Vietnam to access a wide range of international content, which was previously unavailable due to limited distribution channels (Le, 2018). This has led to an increase in the diversity of content available to viewers in the country. Furthermore, the platform has also provided a new distribution channel for locally-produced content, which has helped to increase the visibility and reach of Vietnamese films and television shows.

The literature also shows that Netflix has had a significant impact on the way that content is consumed in Vietnam. The platform has made it possible for viewers to access the content at any time and on any device, which has increased the convenience and flexibility of viewing (Tran, 2019). Furthermore, the platform has also made it possible for viewers to access a wide range of content in different languages, which has helped to increase the accessibility of international content to audiences in Vietnam.

However, there are also challenges and opportunities that Netflix presents for the entertainment industry in Vietnam. The literature highlights that the platform is facing challenges in terms of regulations and copyright infringement (Nguyen, 2020). Furthermore, the literature also points out that there is a lack of long-term data and research on the impact of the platform, which makes it difficult to fully understand the long-term effects of Netflix on the entertainment industry in Vietnam. Despite these challenges, the literature shows that there are also opportunities for the entertainment industry in Vietnam to benefit from the platform, such as the increase in demand for high-quality, locally-produced content and the creation of new distribution channels for locally-produced content.

In conclusion, this literature review provides an overview of the current state of research on the impact of Netflix on the entertainment industry in Vietnam. The literature shows that Netflix has had a significant impact on the way that content is produced, distributed, and consumed in Vietnam, increasing the demand for high-quality, locally-produced content, providing new distribution channels, increasing the convenience and flexibility of viewing, and increasing the accessibility of international content.

BASED ON ABOVE READING, PLEASE BRIEF AN INTRODUCTION BY ACADEMIC WRITING (200 WORDS) WITH IN-TEXT CITATIONS in the Reading FOR LITERATURE REVIEW (Grammar, Spelling, Plagiarism checks) follow the following guidelines:

-Scope of the Literature being cited: Comments on the availability of resources.

-Significant of the work: Presents the context of the literature

-Overview of the chapter: Covers core features, implications, risks, benefits, and opportunities of the topic under study.

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Introduction The entertainment industry in Vietnam has experienced significant transformations in recent years primarily due to the emergence of streaming platforms like Netflix This literature review ... View the full answer