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.

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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

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