HomeNewsVietnamSun Group targets 2032 launch for $2B Van Don casino project 

Sun Group targets 2032 launch for $2B Van Don casino project 

Vietnam’s Sun Group has unveiled plans to complete a VND51.6 trillion ($2 billion) integrated resort and casino in the Van Don Economic Zone of Quang Ninh province by 2032, according to an environmental impact assessment submitted by its subsidiary, Van Don JSC.

The 244-hectare development, strategically located along the northern coastline with direct sea access, will accommodate up to 10,500 visitors and aims to strengthen Vietnam’s competitiveness in the regional tourism market, particularly among Northeast Asian travelers.

Citing a report from The Investor, the project will be developed in three phases. The first stage is expected to conclude in the second quarter of 2027, the second phase by late 2030, and final completion by mid-2032.

The centerpiece of the project will be a 36.7-hectare casino complex housed in a 25-story tower with three basement levels. It will feature 214 gaming tables and 2,140 slot machines, along with high-rise hotels, premium entertainment venues, and conference facilities. Sun Group also plans to seek government approval to allow Vietnamese nationals to participate in gaming activities through a three-year trial program.

Van Don JSC described the project as “urgent and necessary” for attracting international visitors and enhancing Vietnam’s competitiveness in the regional tourism sector. The company highlighted the area’s strong infrastructure links, including Van Don International Airport, Ha Long International Cruise Port, and expressway connections to Ha Long and Mong Cai.

Provincial authorities estimate the project will contribute more than VND228 trillion ($9.6 billion) to the local budget over its 70-year operational period, while generating 6,000 jobs. Quang Ninh province, home to the UNESCO World Heritage site Ha Long Bay, welcomed 12.1 million visitors in the first half of 2025, up 16 percent year-on-year, including 2.3 million international tourists.

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