Vietnam Sports Player Pty Ltd ("VSP") was awarded Vietnam’s first and only international sports consultancy and agents Company Licence by the Vietnam Government back in November 2015, so as to facilitate both local and international sporting events to be played in Vietnam, as well as promoting local sports throughout the Vietnamese communities and schools. This vision will now be realised via our BVI Company ("VSP1"), in terms of a land-based local and international sports facility project located in Vung Tau Province.
In September 2018, "VSP" became a major shareholder in a Binh Duong State Owned Enterprise (SOE), as part of our vision and strategy for a joint venture partnership arrangement for a "lottery agents" licence and/or a "sports betting" licence.
“VSP1” has been given preliminary approvals in 2019 by the Vung Tau Government for an International Horse Race Track a sports project segment in Ba-Ria City in Vung Tau Province in South Vietnam, and anticipate the granting and issuance of this Company Licence and related project and tax sector codes prior to June 2020.