V Studios Sells ‘Red Woman’ To North America & Japan

EXCLUSIVE: V Studios, the Vietnamese production arm of Korean exhibitor CJ CGV, has closed multiple deals on supernatural fantasy Red Woman, including sales to NewGates Corporation for Japan and Mockingbird Pictures for the US and Canada.

The film, which is V Studios’ first fully in-house produced feature, has also gone to Infinity Entertainment for Australia & New Zealand; NK Contents for South Korea; and Westec Media for Cambodia.

V Studios, which was previously known as V Pictures and launched here at Busan two years ago, also handles international sales for a slate of films it has invested in, as well as third-party titles. Since launch, the company has handled films including horror hits Ma Da: The Drowning Spirit, The Corpse and The Corpse 2.

Starring Minh Hang, Red Woman reimagines a figure from Vietnamese folk history, the eponymous and elusive ‘Red Woman’, a character that has primarily existed through Vietnamese oral culture and collective memory.

Directed by Jack Carry On, the film is fully produced by V Studios with Tam Tuong on board as executive producer.

The film marks Minh Hang’s return to cinema after a three-year hiatus, following previous theatrical titles including Sweet Trap and Sister Sister 2. She also starred in Naked Truth (2022), which was streamed in Southeast Asia by Netflix. The cast also includes Rima Thanh Vy (Furies), Nhat Kim Anh (The Musician At The Dragon Citadel), Khuong Le (Meet Me At The Eclipse), Phat La and Dai Nghia.

Theatrical release in Vietnam is scheduled for November 27, 2026, followed by an international rollout.

V Studios said: “For generations, Vietnamese children have grown up hearing warnings about ‘Red Woman’ – a mysterious woman said to take children away if they wandered too far or disobeyed their parents. Yet unlike many established figures in Asian mythology, Red Woman has no definitive appearance, mythology or widely accepted origin story. That absence gives the filmmakers an unusual opportunity: to transform a familiar cultural fear into an entirely original cinematic mythology.

“At the heart of Red Woman is a deceptively universal proposition: What would you be willing to sacrifice to get the one thing you desire most? When people reach the deepest point of desperation, resentment or longing, Red Woman appears. Possessing seemingly limitless powers, she offers them the one wish they have always wanted fulfilled. But every miracle carries a price.”

Vietnamese genre cinema has recently been on a roll with a string of hits including Crimson Snout (Quy Cau), Ma Da: The Drowning and The Sisters (Cam) demonstrating local audiences’ appetite for stories drawing on folk beliefs and culturally specific supernatural imagery. Many of these titles are now securing theatrical distribution across Southeast Asia and international markets.