Tag: Vietnam a gambling
Vietnam a gambling getaway?
August 13, 2013
From Thanh Nien News – Unlike Singapore, Vietnam does not have what it takes to become a major gambling destination, experts say. The five-star casino-resort The Grand – Ho Tram Strip, which opened on July 26 in Vung Tau as part of a US$4.2-billion tourist development aimed at attracting foreign visitors, has become the sixth casino in Vietnam. A casino-building spree seems looming across the country, where entry barriers for foreign investors are much higher than in neighboring countries, as the government looks to significantly boost tourism and tax revenues amid the economic crisis. Vietnam has been on the interest…