Ministry to streamline conditions for citizens to gamble at casinos in Vietnam

The review aims to streamline the requirements of Decree 03/2017 to reduce cumbersome verification processes.

Vietnam.- The Ministry of Finance has presented an impact assessment report to inform a new draft decree intended to replace Decree 03/2017 on casino operations in Vietnam. VietnamNet reports that the new decree retains many of the current guidelines, but some regulations will be amended or supplemented to comply with new policies, increase management efficiency and meet practical needs.

Currently, Vietnam has nine licensed casinos: three large-scale projects, located in Phu Quoc, Ho Tram, and Nam Hoi An, and six smaller casinos that were licensed before the decree. However, only two have permission to accept Vietnamese citizens.

In November, the Vietnamese government granted Phu Quoc’s Corona Resort & Casino permanent approval to accept locals and granted permission to The Grand Ho Tram under a five-year pilot. An upcoming development in Van Don from the Sun Group will also be able to accept locals but is not due to open fully by 2032.

To enter these casinos, Vietnamese citizens must be over 21, have full civil capacity and meet financial criteria. The Ministry of Finance says that, so far, these requirements have worked effectively without causing major implementation issues. However, the requirement for financial proof has proved to be cumbersome since it often involves presenting multiple documents.

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The review aims to streamline the requirements of Decree 03/2017 to reduce cumbersome verification processes. Vietnam.- The Ministry of Finance has presented an impact assessment report to inform a new…