[en] The interfacial drag, droplet entrainment, droplet deposition and droplet-size distributions are important for detailed mechanistic modeling of annular dispersed two-phase flow. In view of this, recently developed correlations for these parameters are presented and discussed in this paper. The onset of droplet entrainment significantly alters the mechanisms of mass, momentum, and energy transfer between the film and gas core flow as well as the transfer between the two-phase mixture and the wall. By assuming the roll wave entrainment mechanism, the correlations for the amount of entrained droplet as well as for the droplet-size distribution have been obtained from a simple model in collaboration with a large number of data. Then the rate equations for entrainment and deposition have been developed. The drag correlations relevant to the droplet transfer is also presented. The comparison of the correlations to various data show satisfactory agreement