Prime Minister Nguyen Xuan Phuc has approved a casino project on Phu Quoc Island, Kien Giang Province, which will let locals with a monthly income of over VND10m (USD428) to gamble.
Kien Giang authorities confirmed the news on November 21. According to the Government Office, the project is given to Phu Quoc Tourism Development and Investment JSC. whose 50% of the capital owned by Vingroup.
The casino would be part of a USD2.7bn entertainment area, hotels, shopping and conference centres tourism project in Ganh Dau, Cua Can and Ham Ninh communes. It is estimated that the project would be completed by 2021.
During the three-year pilot programme, Vietnamese nationals who have a monthly income of at least VND10m would be allowed to enter the casino. They must be over 21 years old and financially independent. Only Vietnam dong will be used.
Gamblers must pay VND1m (USD42) for a one-day entrance fee or VND25m per person per month. The money will be used in social welfare projects and invested in the security team.
Kien Giang People’s Committee was asked to work with the Ministry of Defence and Ministry of Public Security to monitor and ensure public order at the casino.