The 5th Filipino Academy of Movie Arts and Sciences Awards Night was held in 1957 for the Outstanding Achievements for 1956 at Fiesta Pavilion in Manila Hotel.
Desperado of Peoples Picture ran away with the most wins (4) out of 11 nominations. However, it was Luksang Tagumpay by (LVN Pictures) who won the FAMAS Award for Best Picture.
Winners are listed first and highlighted with boldface.