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

Building casinos that are new Vietnam includes all kinds of government roadblocks
For reasons uknown, in Asian and Russian countries, they like to zone their casinos off. Every thing needs to be in a designated ‘economic zone,’ perhaps showing that many things in these nations are not meant to make a lot of cash, at the least not if they’re legal.
New Casinos on the Runway
Vietnam fits this mold, and legal casinos remain a fairly new concept there, and of course almost exclusively directed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile businessman that is vietnamese Hong Tuyen, listed as a CEO to view by the Japan Times wants to construct a brand 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 would like to get a gambling house going in Ha Long City on nearby Tuan Chau island, next to a new marina that will be opening up here.
If he can get ‘er done, Tuyen would be one of only a handful of designers to crack the bureaucracy grid that has long held Vietnam lagging behind its Asian brethren in this arena. A huge sticking point for casino investors that are most has been the significantly odd dictum by the Vietnamese government that a minimum of US$4 billion be dedicated to any projected resort-casino plan; a quantity that is prett