Building casinos that are new Vietnam includes a myriad of government roadblocks
For some reason, in Asian and Russian countries, they like to zone off their casinos. Every thing has to be in a designated ‘economic zone,’ perhaps showing that a lot of things in these national nations are not designed to make serious cash, at least not if they’re legal.
New Casinos on the Runway
Vietnam fits this mold, and legal casinos remain a concept that is fairly new, and of course 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 look at by the Japan Times wants to build a brand new casino project via his Tuan Chau Groupand its US partners in 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 new marina that will be opening up there.
If he will get ‘er done, Tuyen would be one of only a handful of designers 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 was the notably odd dictum by the Vietnamese government that the the least US$4 billion be committed to any projected resort-casino plan; a quantity that is pretty daunt Læs resten