Asia

Vietnam: Two New Casinos Proposed for Foreigners

Published

3 years ago

July 6, 2022

Niji Narayan

Reading Time: < 1 minute

Vietnam’s Ministry of Finance is backing proposals by Da Nang City and Khanh Hoa Province to license two new casinos meant exclusively for foreigners.

Prospective casinos would be built at Da Nang City’s entertainment and resort complex Sun World Ba Na Hills, and Khanh Hoa Province’s Hon Tre Island. The two locations have large tourism potential and are especially attractive to foreign visitors.

Da Nang has no major casino yet, while Khanh Hoa has received approval to build a casino and resort complex in KN Paradise in Cam Ranh, and construction is ongoing.

But the ministry refused to back a proposal to build a casino by the central province of Binh Thuan, deeming its tourism potential low and pointing to its lack of port or airport.

The ministry also recommended the extension of a trial programme allowing Vietnamese to gamble at the Phu Quoc Casino until 2024.

With gambling considered a “social evil” in Vietnam, locals have only been allowed to enter the casino since the end of 2018 in a trial programme originally meant to last three years.

But the finance ministry is now seeking to extend it since casinos were hit hard by the Covid-19 pandemic in the last two years.

Related Topics:Phu Quoc Casino Sun World Ba Na Hills Vietnam’s Ministry of Finance

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.