Minister of Finance Ho Duc Phoc has just reported on a number of issues related to the group of issues questioned at the 31st session of the National Assembly Standing Committee, including the issue of international football betting and horse racing. , dog racing.
According to the report, by 2017, with the consent of the National Assembly Standing Committee and based on the provisions of the Investment Law, the Government issued Decree 06 on the business of betting on horse racing, greyhound racing and football. international.
For betting on dog racing and horse racing, businesses are only allowed to do betting business when they have investment projects with a minimum investment scale of VND 300 billion and VND 1.000 billion, respectively.
Each project must have its investment policy approved by the Prime Minister on the basis of appraisal by the Ministry of Planning and Investment.
The Ministry of Finance coordinates with ministries and branches to issue betting business licenses after businesses have completed investment in building racetracks and prepared facilities to serve betting business.
For international soccer betting, the Government allows an enterprise to pilot business for a period of 5 years. The Ministry of Finance coordinates with ministries and branches to organize bidding to select this enterprise according to the provisions of law on bidding.
Selected enterprises must meet the conditions of minimum charter capital of VND 1.000 billion; Have a betting system investment plan and business plan in accordance with the provisions of law.
Regarding the implementation situation, the Minister said that for betting on horse and greyhound racing, from 2017 up to now, 7 provinces and cities have requested the Prime Minister to approve investment policies for business investment projects. Betting on horse racing and greyhound racing.
The Prime Minister has approved the investment policy for a horse racetrack investment project (with betting) in Soc Son district, Hanoi city.
However, up to now this project has not been implemented due to problems with the capital contribution mechanism from the Vietnamese investor (Hanoi Tourism Corporation) and is under the jurisdiction of the Hanoi People's Committee.
The remaining 6 projects are in the process of applying for investment policy approval. Therefore, up to now, no business has been granted a business license to bet on horse and greyhound racing.
In addition, there is a business that has piloted the dog racing betting business at the racetrack in Ba Ria - Vung Tau province since 1999, before Decree No. 06 was issued. By March 3.2023, the business stopped betting business due to the expiration of the project's operating term.
Regarding international soccer betting, the Minister clearly stated that according to the provisions of law, a pilot business of international soccer betting must be selected through bidding.
However, the 2013 Bidding Law does not have regulations on bidding to select investors to implement business investment projects, so it is not possible to organize bidding to select an enterprise.
Therefore, from 2017-2022, the Ministry has coordinated with ministries and branches 5 times to report to competent authorities on problems and develop a draft decree to replace Decree No. 06.
Based on the review of the law, in March 3.2023, the Prime Minister assigned the Ministry of Finance to complete the decree replacing Decree 06 after the Bidding Law (amended) was issued.
In 2023, the National Assembly issued the Bidding Law (amended) which added regulations on bidding to select investors to implement business investment projects.
Based on the provisions of the law, on February 27.2.2024, XNUMX, the Government issued a decree guiding regulations on bidding order and procedures for selecting investors to carry out business investment.
Currently, the Ministry is completing and collecting opinions from ministries and branches to amend Decree No. 06 specifying specific conditions for bidding to select investors for international football betting business to comply with legal regulations. new investment and bidding laws.
Accordingly, the bidding to select an investor in the international soccer betting business is carried out in accordance with the provisions of the Bidding Law and the decree on betting business.
