Vietnam Casinos May Get Local Gamblers in State Revenue Push
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Vietnam is drawing closer to allowing its citizens to gamble in the nation’s casinos as the government tries to boost revenue and compete for regional gaming investment.
The finance ministry plans to submit the final draft of a new casino decree to Prime Minister Nguyen Tan Dung as soon as October, Ngo Van Tuan, head of the department for banking and finance at the ministry, said by telephone in Hanoi yesterday. Approval is likely before the end of the year, he said. The decree is modeled on Singapore’s gaming regulations and would permit Vietnamese to enter local casinos.