Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam



Building new casinos in Vietnam comes with all kinds of government roadblocks

For reasons uknown, in Asian and https://casino-bonus-free-money.com/lucky-nugget-casino/ Russian countries, they like to zone their casinos off. Everything needs to be in a designated ‘economic zone,’ perhaps indicating that a lot of things in these national countries aren’t designed to make serious cash, at the very least not if they’re legal.

New Gambling Enterprises on the Runway

Vietnam fits this mold, and legal casinos are still a fairly brand new concept there, and undoubtedly almost exclusively aimed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile businessman that is vietnamese Hong Tuyen, listed as a CEO to watch by the Japan Times wants to construct a fresh casino project via his Tuan Chau Groupand its US partners in the Van Don Administrative Economic Zone in Quang Ninh province into the northeast region of Vietnam. He also really wants to get a gambling house going in Ha Long City on nearby Tuan Chau island, adjacent to a marina that is new will be opening up here.

If he could possibly get ‘er done, Tuyen would be one of only a handful of designers to crack the bureaucracy grid that has very long kept Vietnam lagging behind its brethren that are asian this arena. A huge sticking point for most casino investors was the significantly odd dictum by the Vietnamese government that the the least US$4 billion be dedicated to any pro Читать далее Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam