Sun Group selected as official investor for 2-billion-USD mega integrated casino project in Van Don

The People’s Committee of Quang Ninh province on August 15 issued Decision No. 3226/QD-UBND, approving Sun Van Don Joint Stock Company – a member of Sun Group – as the investor to implement the Van Don Integrated Casino & Tourism Complex – the piloting casino complex for Vietnamese.

A panoramic perspective of Van Don Integrated Casino & Tourism Complex. (Photo: Sun Group)
A panoramic perspective of Van Don Integrated Casino & Tourism Complex. (Photo: Sun Group)

Hanoi (VNA) - The People’s Committee of Quang Ninh province on August 15 issued Decision No. 3226/QD-UBND, approving Sun Van Don Joint Stock Company – a member of Sun Group – as the investor to implement the Van Don Integrated Casino & Tourism Complex – the piloting casino complex for Vietnamese.

This milestone comes after years of planning and consistent efforts by provincial authorities to call for investors with both capability and vision to take part in such a transformative project. Following a strict evaluation process to ensure competitiveness, transparency, and compliance with laws on investment, land, and bidding, Sun Group was ultimately selected. The project had previously been approved in principle by the Prime Minister in Decision No. 1395/QD-TTg dated June 27, 2025.

According to the approved master plan, the project will cover a vast area of 244.45 hectares inside the Van Don Economic Zone. It is envisioned as a “mega” integrated resort and entertainment complex of international scale for Vietnamese citizens. The complex will integrate multiple functions, including: luxury casino operations, high-end hotels and resorts, condotels and shophouses, shopping and commercial centers, large-scale convention and exhibition halls, international-standard sports and recreation facilities, as well as premium wellness, health care, and entertainment services.

Among the most prominent highlights is the high-class casino, which for the first time will allow Vietnamese citizens to participate under a carefully regulated policy. Surrounding this, it will combine leisure, hospitality, and cultural experiences, forming an ecosystem designed to attract both global travelers and Vietnam’s middle and affluent classes.

This integrated complex will also serve as a hub for international-scale art performances, world-class cultural shows, and vibrant entertainment venues operating around the clock. With this ambition, Van Don is expected to position itself alongside renowned global destinations such as Macau (China) and Las Vegas (USA), becoming a new symbol of luxury tourism and gaming in Quang Ninh Province, while contributing decisively to the development of the Van Don Economic Zone and enhancing Vietnam’s stature on the global tourism and leisure map.

The Van Don Integrated Casino & Tourism Complex represents a total investment capital of more than 2 billion USD, funded through investor equity, loans, and other mobilized sources. The approved operating term will be up to 70 years from the date of official investor approval. The construction timeline and commissioning schedule are projected at nine years, starting from the date of land allocation and lease for the project.

phoi-canh-khu-dich-vu-du-lich-phuc-hop-cao-cap-van-donjpg.png
The project covers an area of over 244 hectares, with an investment capital of more than 2 billion USD. (Photo: Sun Group)

Nguyen Quang Huy, Chairman of Sun Group Northern Region, shared: “We are honoured to have been entrusted with this landmark development. Sun Group pledges to mobilise our full resources and apply the highest standards of planning, architecture, and operations in order to deliver an integrated tourism and entertainment complex that fully reflects the historic potential of Van Don and the extraordinary heritage value of Quang Ninh.

We believe this project will create unprecedented experiences for guests, while making a significant contribution to Quang Ninh’s economy and driving the Van Don Economic Zone forward to become a new benchmark of tourism and entertainment in Vietnam.”

In Quang Ninh, Sun Group has already made a profound mark with a comprehensive “air–sea–land” infrastructure ecosystem, delivering projects of international standard such as Van Don International Airport – Vietnam’s first privately invested international airport; Ha Long International Cruise Port – the nation’s first dedicated terminal for international cruise ships; as well as modern expressways Ha Long – Van Don and Van Don – Mong Cai. Alongside these infrastructures, Sun Group has also developed world-class leisure and hospitality assets, including Sun World Ha Long, Yoko Onsen Quang Hanh hot spring resort, and Oakwood Ha Long five-star hotel, all of which have helped reshape Quang Ninh’s tourism landscape, affirming Sun Group’s capacity to implement large-scale infrastructure and tourism projects.

With Sun Group now serving as the official investor of the Van Don Integrated Casino & Tourism Complex, the province is set to become a destination of both regional and global significance. This project is expected to contribute to realizing Quang Ninh’s vision of becoming a dynamic, comprehensively developed hub – an international tourism center, a leading marine economy, and a strategic gateway of the Northern Key Economic Region and Vietnam as a whole, in line with the provincial development plan for 2021–2030 with vision to 2050./.

VNA

See more

Nguyen Tuan Anh, Deputy Secretary of the municipal Party Committee, holds a working session with a consortium of China Harbour Engineering Company (Vietnam) and Shenzhen Energy Group on March 26, 2026. (Photo: VNA)

Can Tho city courts global investors to accelerate energy ambitions

Rising interest from major global players underscores Can Tho city’s growing appeal as an investment destination. Clean energy, particularly wind power, has been identified as a strategic pillar to drive socio-economic growth while strengthening energy security across the Mekong Delta.

Visitors savor freshly prepared dishes on-site at the “Discover US Agriculture” programme, held on July 19, 2025 in Ho Chi Minh City. (Illustrative photo: VNA)

Vietnam, US work to step up agricultural cooperation

Vietnam has strengths in tropical farm produce, seafood and wooden products, while the US is a major supplier of key inputs such as soybeans, corn, wheat and dairy products. This trade structure creates a balanced supply chain with little direct competition, delivering tangible benefits to businesses and consumers in both countries.

Deputy Prime Minister Tran Hong Ha speaks at the opening ceremony of the Vietbuild Hanoi International Exhibition 2026 on March 26. (Photo: VNA)

Vietbuild Hanoi 2026 International Exhibition opens

The five-day event, themed “Construction – Building Materials – Real Estate – Green Transport”, brings together more than 2,500 booths from domestic and international enterprises, reflecting the development momentum of Vietnam’s construction sector and the broader economy.

An overview of the International Coffee Conference 2026 (Photo: VNA)

Global Coffee Alliance launched to drive sustainable, inclusive growth

The Global Coffee Alliance is envisioned as a public–private partnership that bridges diplomatic efforts with business operations. Looking ahead to 2040, it aims to develop a global coffee ecosystem that is inclusive, technology-driven, and aligned with net-zero emissions goals.

At Dung Quat oil refinery (Photo: VNA)

Vietnam races to restart idle ethanol plants to meet surging demand

Do Van Tuan, Chairman of the Vietnam Biofuels Association, said that monthly ethanol demand for the E10 blend is projected at 92,000–100,000 cu.m. The country’s six ethanol plants have a combined design capacity of roughly 41,000 cu. m per month, but only three are now running, churning out about 25,000 cu.m, or just 25–27% of demand. Even if every plant hits full tilt, local supply would cover only around 41% of national needs.

At a supermarket in Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City to pilot pork trading on Mercantile Exchange of Vietnam

Nguyen Nguyen Phuong, Deputy Director of the municipal Department of Industry and Trade, said listing pork on the MXV will finally give consumers and firms more stable prices, while slapping on stricter food safety rules and making it easier to track where the meat actually comes from. Farmers, meanwhile, stand to gain from more predictable margins and dodge fewer of the supply-demand imbalances that routinely distort prices.

Processing octopus for export to the Japanese market at Huy Nam Company in An Giang (Photo: VNA)

Squid, octopus exports pick up early in 2026

In terms of product structure, squid has emerged as the main growth driver. Export turnover of squid exceeded 64 million USD, rising nearly 30%, while octopus exports brought in more than 47 million USD, up over 16%. The development indicates that demand for squid products is recovering faster in the short term.

The world’s longest over-sea cable car to Hon Thom Island in the Phu Quoc special zone, An Giang province. (Photo: VNA)

An Giang steps up tourism development ahead of APEC 2027

Tourism in the province has recorded strong growth, affirming its position as one of the region’s leading destinations. Phu Quoc Island continues to attract the majority of international travellers, receiving more than 817,660 visitors, accounting for over 98.5% of total foreign arrivals to the province.

Import-export activities at Lach Huyen international port in Hai Phong (Photo: VNA)

Reducing risks, removing logistics bottlenecks amid Middle East volatility

According to Truong Xuan Trung, Trade Counsellor of Vietnam in the UAE, the Middle East serves not only as a consumption market but also as a key global transhipment hub, meaning instability in the region creates ripple effects across intercontinental transport networks. Shipping route adjustments and airspace restrictions have lengthened transit times, increased costs and disrupted delivery schedules, with some Vietnamese shipments forced to reroute or seek alternative markets.

Cargo is handled at container terminals No. 3 and No. 4 of Hai Phong International Gateway Port. (Photo: VNA)

Businesses seek “survival momentum” amid global geopolitical turbulence

This is an urgent move as the challenges of 2026 differ markedly from previous ones, shaped by overlapping external shocks ranging from geopolitical tensions disrupting supply chains to surging logistics and raw material costs, exchange-rate pressures, and increasingly complex tariff barriers in global markets.

At the 2025 trade connectivity week for mechanical, electrical and digital industries. (Photo: VNA)

Ho Chi Minh City gives boost to supporting industry firms

Supporting industry firms in Ho Chi Minh City are scrambling to embed themselves more deeply into both global and domestic supply chains, backed by a suite of local incentives that are speeding up their tech upgrades and market access.

Italy's national pavilion at the ongoing Food & Hospitality Vietnam 2026 exhibition at Ho Chi Minh City's Saigon Exhibition and Convention Centre (SECC) draws visitors for hands-on experiences. (Photo: IVNA)

Italian food firms eye opportunities in Vietnam

Italy’s exports of food and beverages to Vietnam reached 105.1 million EUR in 2025, up 4% year-on-year, positioning the country among the leading EU suppliers to the Vietnamese market.

An overview of the working session (Photo: baoquangninh.vn)

Quang Ninh promotes all-round cooperation with Guangxi Zhuang Autonomous Region

Quang Ninh encourages Guangxi enterprises to invest in high-tech marine aquaculture and expand aquatic product exports in China. At the same time, the province aims to develop livestock farming in line with international standards and attract investment in deep-processing plants for agricultural products such as cinnamon, star anise and tea, linked with traceability systems at border gates.

Illustrative image (Source: VNA)

Vietnam becomes fastest growing market for Norwegian salmon in Southeast Asia

The Norwegian Seafood Council (NSC) reported at the “Norwegian seafood industry in Vietnam market 2026” event held in Ho Chi Minh City on March 25 that fresh Norwegian salmon exports to Vietnam jumped 16% in volume in the first two months of 2026 compared with a year earlier, while frozen salmon shipments surged about 37%.