{"id":20140,"date":"2021-07-12T16:52:21","date_gmt":"2021-07-12T16:52:21","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20140"},"modified":"2026-04-23T17:42:09","modified_gmt":"2026-04-23T20:42:09","slug":"vietnam-casino-proposed-in-van-phong-economic-zone","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/vietnam-casino-proposed-in-van-phong-economic-zone","title":{"rendered":"Vietnam: casino proposed in Van Phong Economic Zone"},"content":{"rendered":"\n

The Khanh Hoa Provincial People\u2019s Committee has proposed a casino development in the Van Phong Economic Zone.<\/p>\n\n\n\n\n\n\n\n

Vietnam.-\u00a0A new casino<\/strong>\u00a0has been proposed in Vietnam, in the Van Phong Economic Zone, near Cam Ranh Bay.<\/p>\n\n\n\n

The project has been put forward by the\u00a0Khanh Hoa Provincial People\u2019s Committee<\/strong>. The economic zone is expected to be launched by 2040, with a second and final phase due to be finished by 2050.<\/p>\n\n\n\n

The area covers about 70,000 hectares\u00a0<\/strong>and aims to drive economic development by creating a zone that will include a port, fisheries and an entertainment area. The Van Phong casino<\/strong>\u00a0would be aimed at tourists.<\/p>\n\n\n\n

In June, the Ministry of Finance proposed an extension of the scheme that allows\u00a0Vietnamese citizens\u00a0<\/strong>to gamble at\u00a0selected casinos<\/a>\u00a0until 2024.<\/p>\n\n\n\n

At present, Vietnamese citizens are only permitted to enter two casinos:<\/strong> one on the southern island of Phu Quoc and the other in Van Don, in the northern province of Quang Ninh.<\/p>\n\n\n\n

The government has tight restrictions on who can enter the properties: players must be aged over 21 and earn a minimum of VND$10m (US$430) a month<\/strong>. Players must also have no criminal record and no objections from their families.<\/p>\n\n\n\n

The scheme was to be reviewed next year, <\/strong>but the impact of the Covid-19 pandemic and lack of tourism have led authorities to extend the permission on locals\u2019 access to casinos until 2024. The proposal must be reviewed by the country\u2019s prime minister.<\/p>\n\n\n\n

In March, casino operators<\/a> asked the government to expand Vietnamese citizens\u2019 access to casinos<\/strong> in major tourism destinations such as Quang Nam and Ba Ria-Vung Tau<\/strong> to help casinos face the loss of revenue from tourists owing to the Covid-19 pandemic. <\/p>\n\n\n\n

However, the government<\/a> has stated the current scheme won\u2019t be expanded to other casino operators.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Khanh Hoa Provincial People\u2019s Committee has proposed a casino development in the Van Phong Economic Zone.<\/p>\n","protected":false},"author":176,"featured_media":18314,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Khanh Hoa Provincial People\u2019s Committee has proposed a new casino development within Vietnam's Van Phong Economic Zone, targeting tourists. Concurrently, the Ministry of Finance has extended the pilot scheme allowing Vietnamese citizens to gamble at selected casinos until 2024, citing COVID-19's impact on tourism and GGR. This decision maintains existing restrictions on local access, despite industry calls for broader market expansion to mitigate revenue losses.","focusai_entities":"Khanh Hoa Provincial People\u2019s Committee, Ministry of Finance, Prime Minister","focusai_location":"Vietnam, Van Phong Economic Zone, Cam Ranh Bay, Phu Quoc, Van Don, Quang Ninh, Quang Nam, Ba Ria-Vung Tau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Van Phong Project Timeline?","query":"What is the projected timeline for regulatory approvals and construction commencement for the Van Phong Economic Zone casino development, and what are the key milestones for its operational launch?"},{"label":"Local Access Scheme Impact?","query":"How has the extension of the local access scheme, coupled with its current restrictions, impacted the GGR and NGR of existing Vietnamese casinos, and what are the long-term implications for market growth?"}],"footnotes":""},"categories":[28,158,16333],"tags":[23632,23907],"class_list":["post-20140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-slider-home","category-south-east-asia-news","tag-integrated-resorts","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=20140"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20140\/revisions"}],"predecessor-version":[{"id":20173,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20140\/revisions\/20173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18314"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}