New Decree on business in prize-winning electronic games for foreigners
23:25 09/08/2013
The Government has just issued Decree No. 86/2013/ND-CP dated July 29, 2013 on business in prize-winning electronic games for foreigners replacing the Decision No. 32/2003/QD-TTg dated February 27, 2003, of the Prime Minister, promulgating the Regulation on business operation of prize-winning electronic game for foreigners.
The Decree provides for business in, business operation management and handling of administrative violations in business operation of prize-winning electronic games for foreigners on territory of the Socialist Republic of Vietnam.
According to the Decree, enterprises are permitted organizing prize-winning electronic game at a sole business spot as stated in certificate of business eligibility. The place need posting up full internal rules of going out and coming in Vietnamese, English and other foreign languages (if any) at apparent positions at the exit-and-entrance doors of business spot.
The maximum fine level for administrative violations in business operation of prize-winning electronic games shall be 100,000,000 VND for individuals and 200,000,000 VND for organizations.
The Decree comes into effect on October 01, 2013.