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Vietnam News - Page 2

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Vietnamese casino IPO delayed

International News Brief: The Taiwan-backed operator of Vietnam's biggest casino said Thursday it had delayed its initial public offering to next month due to procedural problems in its application to list on the Ho Chi Minh Stock Exchange.

Vietnamese casino owner aims to raise funds

International News Brief: Royal International Corp, operator of Vietnam's biggest casino Halong Casino, aims to raise about $100 million from its debut listing on July 20, a company official said on Thursday.

Vietnamese PM wants tighter gambling control

International News Brief: Prime Minister Nguyen Tan Dung has ordered a tighter management of electronic gaming centres and casinos that have been designated only for foreigners and Overseas Vietnamese.

Colorado businesses may play part in Vietnam casino

News Brief: Colorado businesses could help shape the development of a $10 million casino and resort project in Vietnam, one of a number of countries in Asia looking to expand their gambling operations.

Vietnamese casino construction begins

International News Brief: Work has recently begun on Vietnam Casino City, Vietnam's first luxury gaming resort, featuring five Vegas themed casinos in southern Vung Tau resort city.

Investors eyeing Vietnam

International News Brief: “Foreign investors are vying to build Macau-style luxury gambling and hotel complexes in a beachside resort area close to Vietnam's buzzing southern commercial hub of Ho Chi Minh City.

Vietnam legalizes sports betting

International News Brief: Bets on foreign soccer matches will become legal next year in betting-crazy Vietnam.

AFC Official: Legalized Betting will Curb Corruption

International News Brief: A legalised betting system is vital to winning the battle against match-fixing, according to Asian Football Confederation general secretary Peter Velappan.

Vietnamese Transport Official Bet $1.53 Million in 2005

International News Brief: Police have completed their probe into a multi-million dollar gambling case and concluded the director of a state road-building agency bet away US$1.53 million on football via three bookmakers in 2005.

Malaysian Company Buys Vietnamese Casino

International News Brief: Rick Lee, a Malaysian company, had bought the Jockey Club Saigon from the Korean owner.

Vietnamese Company Plans Stock Offering

International News Brief: The Hoang Gia International joint-stock company, a casino and hotel developer, is going to raise $20 million for expansion at its initial public offering next month.

Vietnam May Allow Soccer Betting

International News Brief: Vietnam is considering whether to set up a football book that would take legal bets.

Casino Proposed for Ho Chi Minh

International News Brief: A lawmaker in Vietnam’s commercial hub Ho Chi Minh City has proposed that the city should build a casino dedicated to serving foreigners.

Vietnam May Not Tax Foreigners' Casino Winnings

International News Brief: Foreign casino and jackpot winners may not have to pay personal income tax on their winnings according to recent Vietnamese General Department of Taxation proposals.

Four High-Ranking Vietnam Officials Caught Gambling in Central Highlands

International News Brief: Four high-ranking officials were caught red-handed gambling at midnight on July 21 at the Dak Bla Hotel in the central highland province of Kon Tum.

Man Sentenced in Casino Investment Scam

A Vietnamese man was sentenced for convincing members of the Las Vegas Vietnamese community to give him money so he could finalize a deal to build a Las Vegas-style casino in Vietnam.

Four Arrested in Vietnam for Illegal Euro Betting Network

International News Brief: Four men were arrested in Vietnam for operating an illegal network that took bets on Euro 2004, taking the total number of gambling-related arrests during the championship to 643, police said Wednesday.

Vietnamese Illegal Gambling Syndicate Busted

International News Brief: Twenty-five people were arrested in Vietnam for participating in an illegal football gambling syndicate, police said yesterday, ahead of a mass campaign to stamp out the phenomenon.

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