{"id":777030450,"date":"2025-08-18T07:58:14","date_gmt":"2025-08-18T10:58:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777030450"},"modified":"2026-04-21T20:03:02","modified_gmt":"2026-04-21T23:03:02","slug":"sun-group-selected-as-the-official-investor-for-us2bn-casino-project-in-van-don-vietnam","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sun-group-selected-as-the-official-investor-for-us2bn-casino-project-in-van-don-vietnam","title":{"rendered":"Sun Group selected as investor for US$2bn casino project in Van Don, Vietnam"},"content":{"rendered":"\n

The casino complex would be located in the northeastern province of Qu\u1ea3ng Ninh.<\/p>\n\n\n\n\n\n\n\n

Vietnam.- Sun Group <\/strong>has announced it has been selected by the People\u2019s Committee of Quang Ninh Province as the investor for the Van Don Integrated Casino and Tourism Complex. The decision follows approval in principle earlier this year by the prime minister<\/a>.<\/p>\n\n\n\n

The US$2bn resort<\/a> would be located on 244 hectares of land <\/strong>in V\u1ea1n Y\u00ean Commune in the northeastern province of Qu\u1ea3ng Ninh. Construction is expected to take up to nine years from when land is allocated, and the casino could operate for up to 70 years.<\/p>\n\n\n\n

\u201cThis milestone comes after years of planning and consistent efforts by provincial authorities to call for investors with both capability and vision to take part in such a transformative project. Following a strict evaluation process to ensure competitiveness, transparency, and compliance with laws on investment, land, and bidding, Sun Group was ultimately selected,\u201d the company said.<\/p>\n\n\n\n

The complex will have a casino, high-end hotels and resorts, condotels, shopping, large-scale convention and exhibition halls, international-standard sports and recreation facilities and wellness, health care and entertainment.<\/p>\n\n\n\n

\"\"
The project totals an area of over 244 hectares, with an investment capital of more than US$2bn.<\/figcaption><\/figure>\n\n\n\n

Nguyen Quang Huy<\/strong>, chairman of Sun Group Northern Region, said: \u201cWe are honoured to have been entrusted with this landmark development. Sun Group pledges to mobilise our full resources and apply the highest standards of planning, architecture, and operations in order to deliver an integrated tourism and entertainment complex that fully reflects the historic potential of Van Don and the extraordinary heritage value of Quang Ninh. <\/p>\n\n\n\n

We believe this project will create unprecedented experiences for guests, while making a significant contribution to Quang Ninh\u2019s economy and driving the Van Don Economic Zone forward to become a new benchmark of tourism and entertainment in Vietnam.\u201d<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Vietnam greenlights US$2bn Van Don casino investment policy<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The casino complex would be located in the northeastern province of Qu\u1ea3ng Ninh.<\/p>\n","protected":false},"author":226,"featured_media":777030455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sun Group has been selected as the investor for the US$2bn Van Don Integrated Casino and Tourism Complex in Vietnam's Qu\u1ea3ng Ninh province. This decision, following prime ministerial approval, initiates a nine-year construction phase for a complex featuring a casino, high-end hospitality, and convention facilities, aiming to operate for up to 70 years. The project is expected to significantly boost the regional economy and tourism sector.","focusai_entities":"Sun Group, People\u2019s Committee of Quang Ninh Province, Nguyen Quang Huy","focusai_location":"Vietnam, Qu\u1ea3ng Ninh, V\u1ea1n Y\u00ean, Van Don","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Regulatory Compliance Outlook","query":"What specific regulatory compliance challenges might Sun Group encounter during the nine-year construction and subsequent 70-year operational period, particularly concerning gaming vertical licensing, responsible gambling frameworks, and AML protocols?"},{"label":"Market Impact & Competition","query":"How will this US$2bn integrated resort impact the competitive landscape for existing gaming and hospitality operators in Vietnam and the broader Southeast Asian market, considering its scale and long-term operational license?"}],"footnotes":""},"categories":[28,16333],"tags":[29,23632,94],"class_list":["post-777030450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-casino","tag-integrated-resorts","tag-vietnam"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030450","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777030450"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030450\/revisions"}],"predecessor-version":[{"id":777030469,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777030450\/revisions\/777030469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777030455"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777030450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777030450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777030450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}