Vietnam Ministry of Finance

    The Ministry of Finance (MOF) is the government ministry responsible for the finances of the state of Vietnam, including managing the national budget, tax revenue, state assets,national financial reserves and the finances of state corporations.

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    MOF to discuss future of Vietnam gaming industry

    Nguyen Minh Tien, Deputy Director-General of the Ministry of Finance in Vietnam has joined the growing line-up of speakers set to speak at the ASEAN Gaming Summit 2020. On 18 March 2020, Mr. Tien will participate in a highly-anticipated panel discussion about the future of Vietnam’s gaming industry and its growth prospects. Mr. Nguyen Minh […]

    Vietlott boss steps down, hunt for new CEO begins

    The chief executive officer of state-owned lottery company, Vietnam Lottery Co. Ltd. (Vietlott) resigned earlier this month, according to an announcement from the Ministry of Finance. Tong Quoc Truong, CEO of Vietlott, reportedly resigned on October 1 due to “personal reasons”, no further reasons were given for the abrupt departure, however, it was noted that […]

    Ministry gets authority to grant casino licenses

    Vietnam’s Ministry of Finance has been given the authority to grant casino and gaming service licenses in the country, under a newly-issued circular, VietnamNet reports. Vietnamese casinos were traditionally foreigners-only – however, starting from March this year, a provision was made to allow the entry of locals into certain casinos through a three-year pilot program. […]

    Vietlott accused of unscrupulous means of boosting sales

    Vietlott, a computerized game operator has been accused of breaking rules to the disadvantage of traditional lottery operators, local media reports. According to a complaint filed by the traditional lottery companies, Vietlott has been accused of illegally printing out numbers in advance and selling them at unregistered locations as a tactic to boost sales. Standard […]