Reports
SOUTH EAST ASIA - VIETNAM
Essential information and facts about Vietnam:
Country Vietnam Capital Hanoi
Total Area Female
Population 95,261,021 Median age Male
28.9 years 31.2 years
Ethnic groups Kinh (Viet) (85%), Tay (1.9%), Tai (.18%), Muong (1.5%), Khmer (1.5%).
Religions Buddhist (7.9%), Catholic (6.6%), none (82%)
Languages Vietnamese (official) plus English, French, Chinese.
Currency Dong (VND)
Government type Communist state Chief of State President Tran Dai Quang (since April 2016)
Head of Government Prime Minister Nguyen Xuan Phuc (since April 2016)
Cabinet Cabinet proposed by Prime Minister and appointed by President
Elections Next to be held 2021. Prime Minister appointed by President.
331,210
sq.km 30.1 years
Ho Chi Minh City. (see Cambodia market report in December 2016 G3 issue).
Vietnam’s total gaming market is said to be worth around $300m-$400m, of which half comes from the slot clubs sector. Culturally, South Vietnam has the highest presence for legal gambling perhaps due to its background, as gambling was widely accepted in this part until the country was unified in 1975. Te communist north meanwhile banned gambling.
Prior to 2006, only three-star-plus hotels with a separate area for gaming halls could apply for a gambling licence. At this time only two companies were given licences to operate horse and dog races and 33 enterprises, mainly big hotels, could be involved in card and machine games.
Online gambling is also in theory illegal, but many international sites host games in Vietnamese currency and language. Although many of the casinos also run poker tables these are restricted to foreign players only and online poker is also technically illegal and some sites
P78 NEWSWIRE / INTERACTIVE /
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are blocked by ISPs and the government. General online purchases are low at the moment and only about two per cent of retail sales are conducted via online channels and are mostly for airline tickets.
Te biggest gambling sector is currently the lottery, which sees the highest number of wagers. However, things are about to change.
A new draft decree was introduced at the end of last year which will see a trial for allowing locals into two of the integrated resort casinos. Tis coupled with plans to open four integrated resorts in total means all eyes are watching Vietnam at the moment.
With 90 million plus population and its appeal to Chinese tourists due to location and relaxed visa requirements, Vietnam is fast becoming an alternative to Macau
THE LOTTERY Te lottery in Vietnam is a state-owned
monopoly and was established in 1999 with three major lotteries – the Southern Lottery, the
Northern Lottery and Central Vietnam Lottery.
Tere is no national lottery as such, but 64 provincial lotteries made up of 59 provinces and five municipalities.
In 2010, Malaysian firm Berjaya Group proposed a lottery project to the Vietnamese government to set up and provide online lottery and Keno games in the country.
Six years later this has finally come to fruition and Berjaya was awarded an 18 year contract to operate a nationwide computerised lottery with the Vietnam Computerised Lottery One Member Limited Liability Company (or Vietlott for short).
Te project is due to cost around $210.5m in total and is being carried out by Berjaya Gia Tinh Investment Technology Joint Stock Company (Berjaya GTI) which is a subsidiary of Berjaya Lottery Vietnam Limited.
Vietlott is the only company permitted to conduct a computerised lottery in the country and Berjaya was chosen over five other
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