Revenue from casino contributes about VND9,000 billion to the State budget

Revenue from casino contributes about VND9,000 billion to the State budget

VCN - At the meeting, National Assembly delegate Dieu Huynh Sang (Binh Phuoc) said that curently 64 enterprises have operated lottery business, which is a conditional business.
Finance ministry wants to ease conditions for casino investment

Finance ministry wants to ease conditions for casino investment

The Ministry of Finance is proposing easier minimum capital requirements for casino investors, aiming to boost investment in special administrative-economic zones.
Ban on casino entry lifted

Ban on casino entry lifted

From December 1 this year Vietnamese who can show a minimum income of VND10 million USD440 a month can gamble in casinos.
Vietnamese citizen must prove financial capacity to play in casino

Vietnamese citizen must prove financial capacity to play in casino

VCN- According to the Ministry, the pilot permission for Vietnamese citizen to play in casino is stipulated in the Government’s Decree 03/2017/ND-CP dated 16 January, 2017 on casino business.
Casino enterprises have to connect information to tax authority

Casino enterprises have to connect information to tax authority

Ministry of Finance proposed that enterprises operate casino have to use management software for revenue and expenses management and connect to the tax authority.
Racetrackand casino business in Vietnam: "wild" and "fertile"

Racetrackand casino business in Vietnam: "wild" and "fertile"

VCN- With quite a lot of investors applying for new licenses as well as restarting the projects to establish racecourse and casino recently proving the fact that investment in building betting business on Vietnam market is attractive. However, as a sensit
Casino and bet management: Permit with a strict control

Casino and bet management: Permit with a strict control

VCN- This is an optimistic sign to facilitate a promising business model in Vietnam, but also a big challenge for managers.
Pilot permission for Vietnamese citizens to play casino in the country

Pilot permission for Vietnamese citizens to play casino in the country

VCN- On February 23, 2017, the Ministry of Finance send a statement on the Government’s Decree No.03/2017/ND-CP dated January 16, 2017 on the casino business.
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