Vietnam approves Van Don integrated resort with minimum $2bn investment
Vietnam’s central government has approved development of an integrated resort in the Van Don Special Economic Zone in Quang Ninh province. The project has a minimum estimated investment requirement of $2 billion and would include a casino; provincial officials must first select an investor. Local participation in casino gambling remains subject to final policy approval, while officials estimate construction would take about nine years.
The approval advances a large casino resort project, while investor selection and local-gambling policy remain unresolved.