Vietnam’s still young gaming business is showing signs of maturity with a number of hospitality developers asking for licences to build casinos and upcoming wide-ranging measures that would help legitimise the industry and streamline investment.

Formosa Plastics Group, the largest industrial conglomerate in Taiwan, still remains committed to the construction of the mammoth integrated steel mill in Vietnam, despite the Vietnamese government’s rejection of a special economic zone designation for the project.

Singaporean resort developer Banyan Tree Holdings is expecting to receive the Vietnamese government’s approval to open a casino at its existing Laguna Lang Co resort in the centre province of Thua Thien-Hue.

(VOV) -The US’ Walmart, one of the world’s biggest retail groups, is seeking more profits from Vietnam if the Trans-Pacific Partnership (TPP) Agreement is agreed upon.

(VOV) -Syrena Vietnam, a subsidiary of the private multi-sector BIM Group, will build a luxury resort and residential complex in the south central coastal province of Ninh Thuan, to meet rising tourism demands.

Germany’s pharmaceutical company B. Braun Melsungen AG is planning to invest an additional US$270 million in Vietnam in order to satisfy increasing healthcare demand across the globe.

Intel products Vietnam has revealed that it plans to double locally-sourced material value within this year.

Australia’s casino operator Donaco International has just received an amended investment certificate for expanding its hotel and casino business to newly built five-star hotel in the northern border gate province of Lao Cai, where it is expected to enjoy robust growth.

Rental price competition is expected to rise with the retail market coming under greater pressure due to Vietnam’s upcoming World Trade Organization commitments allowing foreign retailers full access to the market early next year.

The development of large-scale casinos nationwide has raised concerns over the growth of a future Van Don Special Economic Zone.