Sun Group invests in $2 billion casino project in Van Don

After many years of nurturing and calling for investors with heart and vision to participate in the project development, through the process of reviewing and evaluating capacity to ensure competitiveness, transparency and compliance with legal regulations on investment, land and bidding, the People's Committee of Quang Ninh province has decided to choose Sun Group Corporation as the investor of the high-end casino complex tourism service project in Van Don Economic Zone. The project has been approved by the Prime Minister in Decision No. 1395/QD-TTg dated June 27, 2025.

According to the approved plan, the project has a total area of up to 244.45 hectares, planned with the goal of building a super complex of high-end entertainment and resort tourism with rewards (pilot for Vietnamese people), with main activities: casino business, tourism, hotels, resorts, condotels and commercial townhouses, commercial centers, offices, conference centers, seminars, sports facilities, entertainment and high-quality health care...

Panoramic view of Van Don Casino Complex Tourism Service Area project.

One of the notable highlights of the project is the high-end casino operation, which allows Vietnamese people to participate on a pilot basis, but must fully meet the strict criteria according to current regulations. In addition, tourism - resort - service activities are also integrated to create a closed ecosystem, targeting international visitors and the domestic middle and upper class.

This super complex will also be a gathering place for large-scale international art shows, vibrant entertainment venues day and night, with the expectation of turning Van Don into an attractive destination similar to Macau (China) or Las Vegas (USA), a symbol of resort tourism - high-class casino entertainment in Quang Ninh, making an important contribution to the development of Van Don Economic Zone as well as raising the position of Vietnam on the international tourism and entertainment map.

The Van Don casino complex has an investment capital of more than 2 billion USD, including the investor's contributed capital, borrowed capital and mobilized capital. The project's operating period is no more than 70 years from the date the investor is granted the Investor Approval Decision. The progress of basic construction and putting the project into operation or exploitation is expected to be 9 years, from the date the investor is allocated land or leased land to implement the project.

Sun Group invests in $2 billion casino project in Van Don

The project has a total area of over 244 hectares, with an investment capital of over 2 billion USD.

Mr. Nguyen Quang Huy, Chairman of Sun Group Northern Region shared: “We are honored to be entrusted with the responsibility of implementing this important project. Sun Group is committed to focusing resources, applying the highest standards in planning, design and operation to create a casino tourism and entertainment complex worthy of the historically recognized potential of Van Don Special Economic Zone as well as the special position of the Quang Ninh heritage area.

We expect the project to bring unprecedented experiences to tourists and contribute positively to the economic development of not only Quang Ninh but also become a boost to help Van Don Economic Zone break through, becoming a new tourism - entertainment symbol of Vietnam".

Previously, in Quang Ninh, Sun Group made a strong impression when creating a synchronous "air - water - land" infrastructure ecosystem, with international-class projects such as Van Don International Airport - the first private international airport in Vietnam; Ha Long International Passenger Port - the first specialized port for international cruise ships; and the Ha Long - Van Don, Van Don - Mong Cai expressways. In parallel, there are high-class entertainment and resort complexes such as Sun World Ha Long, famous 5-star hotels and resorts such as Yoko Onsen Quang Hanh or Oakwood Halong, contributing to changing the face of Quang Ninh tourism and affirming the capacity of Sun Group in developing large-scale infrastructure - tourism projects.

And with Sun Group becoming the official investor of the Van Don Casino Complex Tourism Service Complex, in the near future, the mining land will own a regional and world-class destination, contributing to gradually realizing the goal of turning Quang Ninh into a dynamic and comprehensive development center, an international tourism center, a marine economic center, a gateway to the Northern Key Economic Zone and the whole country, according to the planning of Quang Ninh province for the period 2021-2030 with a vision to 2050.

Source: https://baothanhhoa.vn/sun-group-dau-tu-sieu-to-hop-du-an-casino-2-ty-usd-tai-van-don-258835.htm