Building casinos that are new Vietnam includes all kinds of government roadblocks
For some reason, in Asian and Russian countries, they like to zone their casinos off. Everything has to be in a designated ‘economic zone,’ perhaps indicating that a lot of things in these national nations are not supposed to make big money, at least not if they’re legal.
New Casinos on the Runway
Vietnam fits this mold, and legal gambling enterprises remain a concept that is fairly new, not forgetting almost exclusively targeted at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile Vietnamese businessman Dao Hong Tuyen, listed as a CEO to watch by the Japan Times wants to construct a new casino project via his Tuan Chau Groupand its US partners in the Van Don Administrative Economic Zone in Quang Ninh province within the northeast area of Vietnam. He also would like to get a gambling house going in Ha Long City on nearby Tuan Chau island, adjacent to a marina that is new will be checking there.
If he could possibly get ‘er done, Tuyen would be one of just a handful of designers to crack the bureaucracy grid that has long kept Vietnam lagging behind its Asian brethren in this arena. A huge sticking point for many casino investors happens to be the somewhat odd dictum by the Vietnamese government that the the least US$4 billion be focused on any projected resort-casino plan; a numbe Continue reading Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam