MoF reports on casino businesses’ financial losses

Monday, Mar 18, 2024

The report outlines that the accumulated revenue from 2019 to 2023 of this project reached more than VNĐ6.4 trillion (US$259.1 million), contributing roughly VNĐ3.8 trillion ($153.8 million) to the State budget.

Three localities propose opening casinos

Friday, Feb 25, 2022

Three localities have proposed new casino projects and a pilot for Vietnamese people to play.

Ministry aims to facilitate gambling industry

Tuesday, Aug 25, 2020

The Ministry of Finance has proposed amendments to the decree about casino businesses to  favourable conditions for investors.

Investors eye $2 billion finance-trade-casino complex in Da Nang

Monday, Jun 15, 2020

Five key investors – the Import-Export Pan Pacific Group (IPPG), T&T Group, New Techco company from Viet Nam, and Sakae Holding and Ficsion Holding companies from Singapore – have registered for a land-use rights auction for a US$2 billion finance-trade-casino...

State should encourage casino investment to attract foreign tourists: association

Thursday, May 14, 2020

The Viet Nam Association of Foreign Investment Enterprises (VAFIE) has proposed the Government to encourage development of casino business and gambling activities in hotels and resorts for attacting more foreign tourists.

US architecture, urban planning firm sets sights on Viet Nam growth

Sunday, May 03, 2020

US architecture and urban planning firm JERDE is seeking to build new partnerships in Viet Nam and its neighbouring countries.

Phu Quoc casino becomes 1st to allow Vietnamese

Monday, Jan 21, 2019

Corona Casino Phu Quoc, which opened late last week, is the first casino in Viet Nam to allow Vietnamese to gamble.

MPI seeks Phu Quoc casino access for locals

Thursday, Jun 14, 2018

The Ministry of Planning and Investment (MPI) has unveiled a plan to allow Vietnamese gamblers to play at a casino in the southern province of Kien Giang.

Casinos need at least $1b investment: draft law

Saturday, Apr 07, 2018

Strategic investors in tourism-casino complex will have to commit an investment of some US$1 billion for a casino project.

MoF tightens casino supervision

Friday, Jan 19, 2018

Casino establishments in Viet Nam must soon equip their venues with features like a working camera system to aid the Ministry of Finance (MoF) in supervising the casinos’ operations, as part of the MoF''s plans to legalise casino activities for...

From December, Vietnamese eligible to gamble at casinos

Thursday, Nov 02, 2017

From December 1, 2017, Vietnamese who can show a minimum income of VND10 million (US$440) per month are eligible to gamble at a casino.

Casino business: Commercial banks allowed to provide services

Wednesday, Sep 06, 2017

Commercial banks will be allowed to trade and provide foreign exchange services related to the casino business from next month.

Thua Thien-Hue to open casino

Tuesday, Jul 18, 2017

Thua Thien-Hue Provincial People''s Committee (PPC) has submitted to the Government a proposal to increase investment capital of the Lang Co Laguna project to US$2 billion and open a casino in the complex.

New guide for casino, gaming business

Tuesday, May 30, 2017

The Ministry of Finance’s Department of Banking and Financial Institutions has been given the authority to grant business licences for casino and gaming services.

$4b casino resort project to break ground in Hoi An

Tuesday, Apr 12, 2016

Construction of the Nam Hoi An Casino Resort Project will begin in the UNESCO heritage city of Hoi An in the central Quang Nam Province on April 23.