Union Gaming Securities Asia (Macau) estimates that if Vietnam has 30 casinos, it could earn US$1.2 billion in gross revenue.

Van Don, a peninsula with total area of 551 square kilometers, has changed its look rapidly since it became one of three ‘candidates’ chosen to try the special economic zone (SEZ) model in Vietnam.

Tourism and related services make great contributions to economic growth and offset the decline in crude oil output, experts say.

While Vietnam needs foreign capital to develop the economy, it also requires advanced technologies to become involved more deeply in the global supply chain.

As many as 3,000 Vietnamese logistics firms have to compete fiercely with 29 multinational companies to have the right to carry Vietnamese exports to the world market.

Adidas’ tendency of relocating production bases to places near major markets is expected to have adverse effects on Vietnam’s footwear industry.

Though they have official practice cards, freelance tour guides will become unemployed if they cannot satisfy new requirements in the 2017 Tourism Law which takes effect on January 1, 2018.

The increasing number of travelers and government policies to boost tourism development have prompted investors to build hotels.

All three special economic zones (SEZs) Vietnam plans to set up – Phu Quoc, Bac Van Phong and Van Don – will give priority to services, tourism and integrated entertainment with casinos.

Vietnamese commercial banks are planning to sell a stake in their company to foreign investors to attract capital and hasten their restructuring before listing shares on the bourse.