Vietnam to lift casino ban for Vietnamese citizens
Illustrative photo.
The current regulations only allow foreign nationals and Vietnamese expatriates to play in casinos, Deputy Head of the Ministry of Finance’s Department of Finance and Banking Trinh Phong Lan told the media.
In mid-2013, the Politburo approved in principle a pilot scheme to allow Vietnamese nationals to enter the casino in Van Don’s exclusive economic zone in the northern province of Quang Ninh.
The country now boasts seven casinos, five small-sized and two large-scale ones.
In addition, the Politburo has also allowed calling for investment in casinos in Phu Quoc and Van Don’s high-end tourism complexes.
The 5 billion USD Van Don casino was funded by Tuan Chau Group and Australia’s ISC Corporation. Meanwhile, Phu Quoc casino, the first to be approved by the Politburo, has yet to find an investor.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Happy Vietnam awards honour photo and video artists (December 13, 2024 | 08:54)
- Vietnam unveils 2024 rankings of top employers and value-driven enterprises (December 12, 2024 | 17:00)
- ‘Blockbuster’ Eaton Park sells out just one week after launch (December 12, 2024 | 08:00)
- German businesses remain upbeat about Vietnam (December 11, 2024 | 15:45)
- Tech giants bet big on Vietnam's future (December 10, 2024 | 17:53)
- Forum on green solutions for industrial parks and investment promotion organised in Vinh Phuc (December 09, 2024 | 19:08)
- Vietnam and GGGI launch plan for green growth and climate action (December 08, 2024 | 20:38)
- FTZs to open regional doors for logistics (December 07, 2024 | 10:00)
- Vietnam sees increase in FDI in the first 11 months of 2024 (December 06, 2024 | 19:15)
- Hanoi to address public investment disbursement bottlenecks in 2025 (December 05, 2024 | 09:00)
Mobile Version