Wednesday, March 29, 2023

Tag: Sun Group

Vietnam considers easing capital rules on large casino projects

Vietnam resort projects rules
Vietnam’s Ministry of Finance (MoF) is considering easing the minimum capital requirements for integrated resort projects to help attract further investment into the country’s Special Economic Zones (SEZ).   The current regulations require a minimum investment of $2bn to build an integrated resort complex, half of which has to be paid before a registration certificate - an essential step in the...

Sun Group’s Quang Ninh venue marks the dawn of Vietnam’s casino industry

ICR - Vietnam Quang Ninh Sun Group
Quang Ninh’s local government has clarified that Sun Group are the sole developer with permission to build a new luxury resortentertainment complex and casino in Van Don Economic Zone. With the green light flashing, the company is now proceeding with infrastructure improvements which look set to make the region a hub for Chinese tourism.   The regional government of Quang Ninh...