Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

Building new casinos in Vietnam is sold with all sorts of government roadblocks
For some reason, in Asian and Russian countries, they like to zone their casinos off. Everything needs to be in a designated ‘economic zone,’ perhaps showing that a lot of things in these nations are not designed to make big money, at the very least not if they’re legal.
New Gambling Enterprises on the Runway
Vietnam fits this mold, and legal casinos continue to be a concept that is fairly new, lucky nugget ranches nevada and of course almost solely aimed 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 view by the Japan Times wants to build a new casino project via his Tuan Chau Groupand its US partners into the Van Don Administrative Economic Zone in Quang Ninh province into the northeast region of Vietnam. He also really 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 checking here.
If he can get ‘er done, Tuyen would be one of only a handful of designers to crack the bureaucracy grid that has very long kept Vietnam lagging behind its brethren that are asian this arena. A huge sticking point for casino investors that are most has been the notably odd dictum by the Vietnamese government that a the least US$4 billion be dedicated to any projected resort-casino plan; a quantity Continue Reading