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Vietnam’s government is planning a huge new casino and tourism complex in Vân Đồn District, Quảng Ninh Province. The Ministry of Finance has sent a proposal to the Prime Minister for approval. The total cost of the project is $2.16 billion, and it could become one of the biggest casino resorts in the country.
What Is the Project About?
- The casino and resort will be built in Vạn Yên Commune
- It will cover around 244 hectares of land
- It will be a luxury integrated resort – with hotels, games, and entertainment
- The resort will have a 70-year license to operate
- It will take up to 9 years to fully build the project
- The construction will happen in 3 phases
- The funding will come from investors and bank loans
Special Part – Vietnamese People Might Get to Play Too
Right now, most Vietnamese citizens can’t enter casinos. But in this proposal, the Ministry of Finance is asking the Prime Minister to allow a pilot program. That means:
- Local people may be allowed to gamble in this casino
- There will be strict rules and legal checks
- This will be done under government control and permission
Before this, Vietnam had a trial program for local players, but it ended in December 2024. If approved again, this could be a big change for the country’s gambling rules.
Why Is This Project Important for Vietnam?
- This project could help boost the economy in a big way
- It will create many jobs for local people
- It will help improve roads, buildings, and public services
- It is expected to bring $9.67 billion (VNĐ229 trillion) to the state budget over the years
This casino will be a part of the Vân Đồn special administrative zone, which Vietnam wants to make a major tourist and investment hub.
Who Will Handle the Project?
- The Quảng Ninh provincial government will choose the investors
- All steps will follow Vietnam’s laws about investment and land use
This makes sure the project is transparent, legal, and beneficial for the country.
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