The Grand Ho Tram Strip became the sixth casino in the country when it opened last July in Ba Ria-Vung Tau Province, some four hours by car from Ho Chi Minh City. Vietnam's go-ahead for locals to enter one of the country's casinos for a trial period has set off a rat race to lure gaming investors, which anti-gambling activists say could lead the local population into a downward spiral of debt, prostitution and crime while leaving major infrastructure needs unmet. PHOTO: CALVIN GODFREY Vietnam's go-ahead for locals to enter one of the country's casinos for a trial period has set off a rat race to lure gaming investors in a country where local leaders have been chiefly judged by economic growth rates alone. In August 2013, the Communist Party's decision-making Politburo allowed Vietnamese meeting certain criteria to gamble in a casino to be built in the Van Don Economic Zone in Quang Ninh Province bordering China. Vietnamese tycoon Dao Hong Tuyen and US firm ISC Corporation are … [Read more...] about In Vietnam, casino glut looms large as local authorities race to bet on relaxing gaming laws
Betting for the grand national
Stop the brainwashed whitewashing of American crimes, celebrate more the heroics of the Vietnam War, suggests Josh Tribe An American tourist at a museum in Quang Tri Province's Dong Ha District. Quang Tri borders Laos and is home to the Demilitarized Zone (DMZ), which divided the country during the Vietnam War. Photo by Josh Tribe History, in addition to being a record of death, is also a living, breathing entity, an ever-changing constellation of facts and omissions. And the "history" of the Vietnam War still trips me out. Like tales of other holocausts, such as those wrought by the US military (all over the globe), the Afrikaners in Zululand, Imperial Japan in China (and elsewhere), the Chinese and Pol Pot's haphazard slaughtering (of "their own people," it's always emphasized), and Nazi Germany, to name but a few, no matter how many books I read, my soul still can't swallow the stories, no matter how coolly the circumstances that led to these carnages are … [Read more...] about The 17th Parallel Revisited (part 2)
The Politburo's decision to allow Vietnamese to gamble in a casino could bring back foreign gaming investors who pulled out earlier, but they will wait for the final shape of the law Tourists read the map in front of the Casino Grand Lisboa, operated by SJM Holdings Ltd., in Macau, China, on August 4. Vietnam's top leadership has given the green light for locals to enter one of the country's casinos for a trial period, saying if locals are barred from gambling at home, they will just find other avenues in Macau, Cambodia, or Hong Kong. PHOTO: BLOOMBERG In a surprise twist, Vietnam's top leadership has given the green light for locals to enter one of the country's casinos for a trial period. The Communist Party's decision-making Politburo has allowed Vietnamese meeting certain criteria to gamble in a casino to be built in the Van Don Economic Zone in Quang Ninh Province bordering China, deputy speaker of the National Assembly, Nguyen Thi Kim Ngan, said at a meeting of the house … [Read more...] about Vietnam does U-turn on casino ban for locals; will investors bite?
Opinion is divided on whether the common man will benefit if the government licenses these gambling houses; analysts are skeptical even about tourism benefits Ethnic women smile on Dong Van Plateau in the northern mountainous province of Ha Giang. It is not clear how the idea of building a casino there would benefit the needy. The plan is part of an intended casino-building spree across Vietnam, where entry barriers for foreign investors are much higher than in neighboring countries. Photo by Luu Quang Pho After being dogged by financing and licensing issues, the five-star casino-resort The Grand - Ho Tram Strip finally opened last week in Vung Tau as part of a US$4.2-billion tourist development aimed at attracting foreign visitors. The massive integrated resort is the sixth casino to be licensed in Vietnam. Elsewhere, in tourism-haven Phu Quoc Island, local leaders have been looking for investors for a casino planned since 2007. Ha Giang and Quang Binh provinces have apparently … [Read more...] about Vietnam’s casino rush in the offing, but will it be a silver bullet?