JUE 25 DE DICIEMBRE DE 2025 - 19:10hs.
IN NORTHERN PROVINCE

New US$ 2 billion casino resort approved in Vietnam

FLC Faros Van Don, a specialist in developing beach resorts in Vietnam, has been granted approval by the government of Quang Ninh to spend around US$2 billion on a casino resort in the Van Don Special Economic Zone, in the Northern Province of Vietnam.

The project will include a five-star hotel, an international conference centre, a casino, a golf course, a safari and a museum. The hope is that the casino will be the first built that will allow Vietnam locals to play on its gaming floor as well as attracting a large number of tourists to Ho Long. 

Nguyen Duc Long, Chairman of Quang Ninh People’s Committee, said: "Quang Ninh is striving to make Ngoc Vung a tourist attraction, contributing to the development of the local smoke-free industry. We are glad to have FLC invest in Ngoc Vung.”

All eyes will be on Vietnam later this month when a pilot scheme will be launched allowing Vietnamese to gamble in select casinos for the first time. Another pilot will allow sports betting nationwide on horse and dog races, as well as international football matches.

Vietnamese gambling spend in Macau, Singapore and Cambodia is believed to have reached US$ 800 million a year. Local company Sun Group is also planning to build a casino resort in the Van Don Special Economic Zone. Hong Kong’s Chow Tai Fook and VinaCapital are spending US$ 4 billion on a casino project in Quang Nam along the central coast.


Source: GMB / G3 Newswire