{"id":15744,"date":"2026-04-09T08:30:00","date_gmt":"2026-04-09T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&p=15744"},"modified":"2026-04-08T20:43:47","modified_gmt":"2026-04-09T01:43:47","slug":"vietnam-record-tourism-and-new-government-push-gambling-as-a-fiscal-engine-in-2026","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/vietnam-record-tourism-and-new-government-push-gambling-as-a-fiscal-engine-in-2026\/","title":{"rendered":"Vietnam: record tourism and new government push gambling as a fiscal engine in 2026"},"content":{"rendered":"\n

Vietnam is recalibrating the balance between growth and control in its gambling sector as tourism surges and a new technocratic government consolidates power. The country welcomed 6.76 million international visitors in Q1 2026<\/strong>, a record (+12.4% YoY), led by China (1.4 million), South Korea (1.33 million) and the United States (302,000). The official target now stands at 25 million international arrivals<\/strong> and up to US$46 billion in tourism revenue<\/strong> for the year, reinforcing tourism as a core economic pillar.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

This momentum coincides with a political shift. On April 7, 2026, Le Minh Hung<\/strong> assumed office as prime minister, under the consolidated leadership of President To Lam<\/strong>. The new administration signals a more technocratic, fiscally disciplined and digitally controlled model<\/strong>, prioritizing growth while tightening oversight across key sectors.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

That approach is directly reflected in gambling regulation. The market remains governed by Decree No. 03\/2017\/ND-CP<\/strong>, amended by Decree No. 145\/2024\/ND-CP<\/strong>, and reinforced by Resolution No. 08\/2025\/NQ-CP<\/strong>, effective November 26, 2025. The framework allows eligible Vietnamese players\u2014under strict financial conditions\u2014to access only select projects such as Corona Resort & Casino<\/strong> and The Grand Ho Tram<\/strong>, keeping the market tightly controlled.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

Vietnam currently operates nine casinos<\/strong>, including major integrated resorts like Hoiana Resort & Golf<\/strong>, which are increasingly aligned with premium tourism flows. Between 2017 and 2022, the sector generated approximately VND 22.89 trillion (US$950 million)<\/strong> in revenue and contributed VND 11.81 trillion (US$490 million)<\/strong> to the state budget.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Operational data highlights the importance of domestic demand. At Corona Phu Quoc, revenue exceeded VND 2.2 trillion in 2023<\/strong>, up 45.7% YoY<\/strong>, with local players accounting for up to 88% of total revenue<\/strong> during the pilot period\u2014underscoring the latent value of Vietnam\u2019s internal market despite regulatory limits.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Tourism growth is reinforcing this model. During Tet 2026<\/strong>, Vietnam recorded 14 million visitors<\/strong>, boosting destinations such as Phu Quoc and integrated resort hubs. This supports ongoing large-scale investments, including multi-billion-dollar developments in Ho Tram and Hoiana, where casinos function as part of broader ecosystems combining hospitality, retail and entertainment.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

The strategic takeaway is clear: Vietnam is not liberalizing gambling\u2014it is integrating it into a state-controlled, tourism-driven fiscal strategy<\/strong>. Growth in the sector will not come from deregulation, but from a model where tourism expansion, strict regulation and fiscal optimization converge<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vietnam is recalibrating the balance between growth and control in its gambling sector as tourism surges and a new technocratic government consolidates power. The country welcomed 6.76 million international visitors in Q1 2026, a record (+12.4% YoY), led by China (1.4 million), South Korea (1.33 million) and the United States (302,000).<\/p>\n","protected":false},"author":1,"featured_media":15748,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[2323,57,1192,1218,2450,2311],"class_list":{"0":"post-15744","1":"asia","2":"type-asia","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sin-categoria","8":"tag-asia","9":"tag-casinos","10":"tag-china","11":"tag-tax","12":"tag-tourism","13":"tag-vietnam","14":"entry"},"yoast_head":"\nVietnam: record tourism and new government push gambling as a fiscal engine in 2026 - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"description\" content=\"Vietnam is recalibrating the balance between growth and control in its gambling sector as tourism surges and a new technocratic government consolidates power. 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