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Business trends

Vietnam prepares to open up casino gambling to locals

Vingroup to handle pilot project slated for launch next year on Phu Quoc Island

In Vietnam, seven casino projects, including the Grand Ho Tram Strip in Ba Ria–Vung Tau Province, have been licensed for operation, but only foreigners are permitted to play in them.

HO CHI MINH CITY -- Vietnamese citizens will be permitted to gamble in a casino on Phu Quoc Island in a three-year pilot program expected to start next year, following approval by the central government, according to authorities in Phu Quoc, a popular tourist destination in the southern province of Kien Giang.

The approval paves the way for other projects, including more casinos and auto and horse racing facilities, to cater to demand for betting entertainment in the country.

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