Gambling has been illegal in Vietnam for the bulk of its modern history. This, however, may be changing. Heres what foreign firms should know about legalized gambling in Vietnam and what to watch moving forward.
On a good day, individual lottery ticket vendors in Vietnam can reportedly make VND 300,000 (US$15) selling tickets on the streets of Vietnams cities and towns. Tickets are sold for around VND 10,000 a piece with the lottery vendor pocketing about VND 1,000 and the rest being returned to their distributor. Its not a huge income, but its income nonetheless and its legal.
Indeed, though gambling in Vietnam is common, legal gambling for Vietnamese citizens has for a long time been limited to the lottery.
Officially established in 2…
Read the full article at: https://www.vietnam-briefing.com/news/a-brief-history-of-legalized-gambling-in-vietnam.html/