Building new casinos in Vietnam is sold with all kinds of government roadblocks
For whatever reason, in Asian and Russian countries, they like to zone off their casinos. Every thing needs to be in a designated ‘economic zone,’ perhaps indicating that most things in these nations aren’t meant to make lots casino-bonus-free-money.com of money, at the very least not if they’re legal.
New Casinos on the Runway
Vietnam fits this mold, and legal gambling enterprises continue to be a concept that is fairly new, not to mention almost exclusively directed 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 look at by the Japan Times wants to create a fresh casino project via his Tuan Chau Groupand its US partners into the Van Don Administrative Economic Zone in Quang Ninh province in the northeast region of Vietnam. He also 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 there.
If he will get ‘er done, Tuyen would be one of just a handful of developers to crack the bureaucracy grid that has very long held Vietnam lagging behind its Asian brethren in this arena. A huge sticking point for casino investors that are most happens to be the notably odd dictum by the Vietnamese government that the minimum of US$4 billion be committed to any projected resort-casino