Vietnam: $2B Van Don casino investment submitted for Prime Minister’s approval
“The casino, set to be built in Van Yen commune, Van Don district, will have a total investment of over US$2 billion and a planned land area of approximately 244 hectares.”
“Notably, the ministry has proposed that the Prime Minister approve a pilot scheme allowing Vietnamese citizens to participate in casino gaming at the venue, subject to strict compliance with existing laws and the directives of the Politburo.”
“According to documents submitted to the State Appraisal Council, the total investment capital for the project is VND51.5 trillion (US$2.16 billion). Of this, VND7.7 trillion will be contributed by the investor, with the remainder financed through bank loans.”