VSP1 has been granted approvals by the Vung Tau Government and Government Ministries in Hanoi for an International Horse Race Track with an integrated sports project facility in Vung Tau Province, South Vietnam.

VSP1 was the only international company to be invited to submit their written opinions and recommendations to the Lottery and Gaming Division, Department of Banking and Financial Institutions, and the Ministry of Finance in terms of considered amendments to the existing betting Decree No.06/2017/ND-CP for international horse racing in Vietnam.

These seminars were attended by representatives of the National Assembly, Central Economic Committee, Ministry of Planning and Investment, Ministry of Finance, Ministry of Information and Communications, Ministry of Justice, with economists and information technology specialists. (please refer to the Media & Project Gallery).

Vung Tau Province is home to some of Vietnam’s major and world-class “Eco-tourism” projects, which includes a Vung Tau Government Tourism project:

1. Grand Ho Tram Strip Casino & Resort (164 hectares) opened in 2013.
2.  Greg Norman “Bluffs golf course” (90 hectares) across from this resort opened in 2014.
3. Wyndham Resorts “Ramada Hotel” (5 hectares) adjacent to the resort to open in 2022.
4. Huong Phong Tourism Project which is wholly owned by Ba Ria- Vung Tau Provincial Committee is to construct an aquarium and sea sports project (7 hectares), to be situated within and surrounding a “5 Star” hotel at “Bai Truoc” known as “Front Beach”, which is considered the face of Vung Tau Province, scheduled to open in 2023.