The companies behind two of Vietnam’s casino properties remained under financial pressure during the first half of 2026, with accumulated losses reaching substantial levels at both Phu Quoc and Ha Long. Phu Quoc Tourism Development and Investment JSC, which operates Corona Resort & Casino Phu Quoc, reported an after-tax loss of more than VND211 billion for the six months. The result represented a significant improvement from the VND564 billion loss recorded during the corresponding period of 2025. According to VietTimes, […]

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Hanoi authorities have launched a criminal investigation into a local SEO company accused of assisting unlicensed gambling websites. On June 2, police announced that Pham Ngoc Manh, the CEO of Super Thi Seo Media Services Co., Ltd., along with 17 managers and employees, had been detained for allegedly providing illegal information through online networks. Front for Unlicensed Gambling Although the agency presented itself as a legitimate digital marketing and search engine optimization firm, investigators allege that its primary activity was promoting […]

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Hoiana Resort & Golf has introduced a new gaming venue aimed at high-end players with the launch of Sky Casino, a private casino space located on the 19th floor of Hoiana Hotel & Suites in central Vietnam. The new facility is reserved for upper-tier members of the Hoiana Rewards program holding Voyager or Envoy status. According to the operator, the venue was created to provide a quieter and more secluded setting for premium guests who prefer a more private gaming environment away […]

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Vietnam’s large integrated casino resorts continue to report losses despite stronger domestic gambling demand, rising tourism numbers and sizable tax contributions to the state budget. Recent disclosures and official figures show that billion-dollar developments in the country are still facing pressure from heavy investment costs and depreciation expenses. The latest numbers from Phu Quoc Tourism Development and Investment JSC show that Corona Resort & Casino Phu Quoc had accumulated losses of more than VND5.8 trillion (US$220 million) by the end […]

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Hoiana Resort & Golf in central Vietnam has outlined plans for a significant expansion that will introduce new hospitality, entertainment, and retail projects as part of its second development phase. Executives described the updated strategy during a recent dialogue with Da Nang city authorities and business representatives, confirming that the large-scale resort will add new facilities after the completion of its initial phase. Phase 2 Will Introduce Expanded Hotel and Event Capacity Phase one began operations in 2020 with more than 1,200 […]

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Vietnam’s casino sector entered a new phase this week as The Grand Ho Tram officially opened its gaming floor to qualified Vietnamese citizens. The change, which took effect on Monday, marks the first time the coastal resort has allowed local participation since launching operations more than a decade ago, ending its long-standing foreigner-only policy under a government-approved pilot program. Casino operations at The Grand Ho Tram started welcoming Vietnamese guests around midday on Monday, according to industry sources cited by […]

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Sun Group has officially launched construction of a large integrated casino tourism complex in Vietnam’s Van Don Economic Zone, Quang Ninh province, following a groundbreaking ceremony held on December 19. The project forms part of a coordinated national programme marking major historical anniversaries and policy milestones, during which multiple large-scale developments were launched or inaugurated across the country. With a total investment reaching up to US$2 billion, the Van Don development ranks among the most substantial tourism and entertainment projects […]

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Vietnamese authorities are preparing to introduce stricter controls on licensed betting, with proposed rules that would require bettors to disclose their full identities before placing wagers on football, horse racing, or dog racing. The measures form part of a draft decree intended to replace the existing regulatory framework introduced in 2017. The revised decree follows consultations among government bodies and public stakeholders and reflects a broader effort to tighten oversight of betting activity while keeping limits aligned with economic and […]

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Vietnam’s Ministry of Finance has released an impact assessment for a proposed decree that would replace the country’s 2017 regulations on casino activity. The updated framework would revise how Vietnamese citizens may enter casinos and simplify procedures that both players and operators have described as overly burdensome. Under the draft decree, the government would keep its existing eligibility criteria for Vietnamese citizens who want to gamble. Individuals must be at least 21 years old, possess full civil act capacity, buy […]

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The Vietnam Chamber of Commerce and Industry (VCCI) has put forward a proposal to the Ministry of Finance, calling for a significant increase in the daily betting cap on international football, horse racing, and greyhound racing. This proposal is designed to strengthen the competitiveness of licensed operators in the country and tackle the growing issue of illegal gambling platforms that currently operate without restrictions. A Bold Proposal for Increased Betting Limits The VCCI’s recommendation suggests raising the maximum daily betting limit for players […]

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