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Home / News / Casinos / The Vietnam and casino under investigation

The Vietnam and casino under investigation

December 18, 2009 by Casino Jackpot Leave a Comment

Prime Minister Nguyen Tan Dung this December 4 meeting at the government for the proposed organization and activities of the Vietnam games. The foreign financial organizations recommend to Vietnam to make gaming activities comply with laws. What will exploit new income tax, thus avoiding that resources are unfairly use abroad. According to Deputy Chief of Department, Nguyen Ngoc Anh, responsible for issues relating to the finances of banks and financial organizations, the annual turnover of the game is pretty important.
That is why the directive of the head of government, he asked the department to analyze rigorously the regulations to adjust the structure and activities of games, including casinos Vietnam.

The state must intervene and regulate the organization of illegal gambling, which are quite common, to restore order in this area. After consulting with other countries where the conditions are permitted by law casino, such as Malaysia and Singapore, the Prime Minister has assigned Ministry of Finance study the regulation and demands to introduce regulations on bet in the draft government decree on management of casino operations, which will soon be presented to the Committee of the National Assembly.

Today, there are 186 casinos in Asia, most of which are located in Japan. Cambodia alone has 14 casinos while Vietnam has only 4, open to foreigners only.

Nguyen Chi Dung, Chairman of People’s Committee of Ninh Thuan region, former Vice-Minister of Planning and Investment, shows that at present Vietnam’s casinos create many jobs for local people and contribute about 2 000 billion VND to the State Budget. He added that to attract tourists, the general trend is to move the casino to approaches resorts resorts and casinos are considered strengths of resorts and other resorts in terms of attractiveness to tourists.

In addition, Tran Long, chairman of the board of directors of the company Viet Hai Dang, noted that profits in sectors such as tourism, real estate … of Vietnam, will be doubled thanks ENTERPRISES casinos.

Under current regulations, the Government is considering approval of an application for casino construction projects only center for recreation and tourism infrastructure with homogeneous and whose investment is over $ 4 billion.

Filed Under: Casinos

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