Vietnam’s casino industry<\/a> will evolve in real terms over the coming months.<\/strong><\/p>\n<\/blockquote>\nProgress is Slow but Still a Positive Sign<\/b><\/h2>\n
However, there is clearly a feeling among government officials that progress needs to be made. With GDP slowing down in Q1 of 2017 and public debt (as a percentage of GDP) increasing by more than 12 percent since 2011, ministers are now looking for a way to redress the balance.<\/p>\n
Allowing residents to spend money in local casinos has been seen as one of the most effective ways to do this. Taking this as a starting point, an increase in casino-based entertainment thanks to newly licensed operators could stimulate further spending.<\/p>\n
Although a few more pieces of the puzzle need to be lined up before the national coffers can reap the benefits of Decree 03\/2017\/ND-CP, it certainly looks as though things are moving in the right direction.<\/p>\n","protected":false},"excerpt":{"rendered":"
Casino gaming in Vietnam operates in something of a strange place, but a new move by the government could be a sign things are starting to change. Prior to a 2017 decree, most Vietnamese natives weren’t allowed to gamble in the country’s casinos but foreign visitors could. At the start of this year, a government […]<\/p>\n","protected":false},"author":42,"featured_media":51373,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,13,61],"tags":[],"acf":[],"yoast_head":"\n
Casino Gaming in Vietnam Set for Change as Ministry Gets Licensing Powers<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n