Vietnam’s government has confirmed its intention to allow Vietnamese residents to gamble in local casinos on a trial basis. It was announced by Prime Minister Nguyen Xuan Phuc at a meeting with local authorities in Quang Ninh province on December 22.
It is expected that the locals will be allowed to gamble in two casino resorts under development — located respectively in the Van Don Special Economic Zone, it the north of the country, and in Phu Quoc Island, in the South.
According to academic Augustine Ha Ton Vinh, which has been consulting Vietnam’s government on liberalizing gambling legislation, the locals would have the opportunity to gamble ‘on a trial basis for three years’.
Casino entrance fee for Vietnamese residents would cost $50 a day or $1,100 a month. The eligibility criteria to enter casinos would include a minimum gambling age of 21 years and a minimum monthly income threshold.
A few weeks ago the Vietnamese Prime Minister Nguyen Xuan Phuc and his cabinet approved a plan to develop of gambling industry in the country. The new bill, authorizing the construction of four to five casino resorts will come into force in early January 2017.