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Vietnam News - Page 2

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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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