Local media Vietnam Net Bridge reports that with the new decree to take effect in March, investors will only have a few weeks to prepare the plans for their casino projects.
The decree sets limitations on the number of Vietnamese going to the casino, and operators will need to invest a minimum of US$ 2 billion.
In recent visit from a representative of Las Vegas Sands to Hanoi, the executive noted that Vietnam, together with Singapore are seen as two strategic points of the group.
In an investor conference in Tokyo this week, Las Vegas Sands CEO Sheldon Adelson said it was Japan that was the "holy grail” of business opportunities.
The casino operator is planning to spend up
to $10 billion on an integrated resort in Japan, which would far exceed its
investments in Singapore, and presumably, Vietnam.
Source: GMB / agbrief.com
