Decree No. 06/2017/ND-CP On Betting on Horse Racing, Dog Racing, and International Football

DECREE

On horse racing betting, dog racing betting, and international football betting businesses

^____________

Pursuant to the Law on Government Organization dated June 19, 2015;

Pursuant to the Enterprise Law dated November 26, 2014;

Pursuant to the Investment Law dated November 26, 2014;

Pursuant to the Bidding Law dated November 26, 2013;

Pursuant to the Law on Handling Administrative Violations dated June 20, 2012;

Pursuant to the Advertising Law dated June 21, 2012;

Pursuant to the Commercial Law dated June 14, 2005;

At the proposal of the Minister of Finance;

The Government promulgates this Decree on horse racing betting, dog racing betting, and international football betting businesses.

 

PART I

GENERAL PROVISIONS

Article 1. Scope and objects regulated

1. Scope of Regulation This Decree stipulates the business operations, management of such activities, and administrative penalties for violations in horse racing betting, dog racing betting, and pilot international football betting businesses on the territory of the Socialist Republic of Vietnam.

Thông tư này áp dụng đối với tổ chức, cá nhân có liên quan đến hoạt động kinh doanh đối tượng thủy sản nuôi chủ lực trên lãnh thổ Việt Nam.

a) Enterprises engaged in horse racing betting, dog racing betting, and international football betting;

b) Subjects permitted to participate in betting;

c) State agencies with functions related to issuing licenses, managing, supervising, inspecting, auditing, and imposing administrative penalties in betting business activities;

d) Other organizations and individuals involved in betting business activities.

Article 2. Interpretation of Terms

In this Decree, the following terms shall be understood as follows:

1. "Betting" refers to a recreational game with prizes where participants predict the possible outcomes of sporting or entertainment events used for betting purposes. Participants who correctly predict the outcome will be awarded prizes in cash or in kind that can be converted into cash based on the results of the event at the end according to the Betting Rules.

2. "Betting Business" means organizing and providing betting products to players under the principle that players purchase betting tickets with money and are rewarded by the betting business enterprise when they win according to the provisions of this Decree.

3. "Betting Event" refers to horse races, dog races, matches, and international football tournaments used by betting business enterprises for players to participate in betting according to the provisions of this Decree.

4. "International Football" refers to matches and tournaments organized outside the territory of Vietnam or organized within Vietnam by international organizations.

5. "Event Organizer" is the entity or department responsible for organizing "betting events" to serve betting business activities.

6. "Prize Payout Rate" is the percentage ratio between the total prize payout amount to players and the total betting amount collected from players by the betting business enterprise.

7. "Odds" is the ratio between the amount bet by the player and the amount the player will receive as a prize if they win.

8. "Fixed Prize Payout" is the method of calculating the value of prizes to be paid to players based on odds set by the betting business enterprise at different times.

9. "Variable Prize Payout Based on Revenue" is the method of calculating the value of prizes based on the predetermined prize payout rate to be paid to players based on ticket sales revenue and the number of winners. At the end of the betting event, unclaimed prizes will be transferred to the revenue of the next betting event.

10. "Jockey" is a person who controls racehorses meeting the conditions specified in this Decree.

11. "Race" is a competition between racehorses or race dogs whose results are used to serve betting business activities.

12. "Betting Participation Account" is the account of the player to participate in betting according to Article 17 of this Decree.

13. "Player" refers to subjects permitted to participate in betting according to Clause 1, Article 7 of this Decree.

14. "Betting Terminal" (hereinafter referred to as terminal) is an electronic device for recording betting participation data, printing betting tickets for players, and checking winning betting tickets operated directly by the betting business enterprise or delegated to betting ticket sales agents.

15. Investment Registration Certificate is a document or electronic version recording investment project registration information of investors in accordance with laws on investment.

Article 3. Principles of Betting Business

1. The betting business is a conditional business activity that is not encouraged for development and is subject to strict supervision by competent state management agencies to ensure compliance with the provisions of this Decree and relevant laws.

2. Only enterprises that have been granted a Certificate of Eligibility for Betting Business in accordance with this Decree and enterprises specified in Clause 1 of Article 79 of this Decree shall be allowed to conduct betting business.

3. The organization of betting business must ensure transparency, objectivity, honesty, and protect the rights and interests of all parties involved.

4. The currency used to purchase betting tickets and pay winnings in the betting business is the Vietnamese Dong.

Article 4. Prohibited Acts in Betting Business

1. Conducting betting business without being granted a Certificate of Eligibility for Betting Business, except for enterprises specified in Clause 1 of Article 79 of this Decree.

2. Conducting betting business contrary to the content permitted by the competent state management agency in accordance with the law.

3. Organizing and participating in horse racing, dog racing, and international football betting outside the provisions of this Decree in any form and means.

4. Leasing, lending, or transferring a Certificate of Eligibility for Betting Business.

5. Conducting betting business during the period when the Certificate of Eligibility for Betting Business has been revoked or confiscated.

6. Conducting betting business without being granted a Certificate of Eligibility for Security and Public Order, except for enterprises specified in Clause 1 of Article 79 of this Decree.

7. Conducting betting business during the period when the Certificate of Eligibility for Security and Public Order has been revoked or confiscated.

8. Participating in betting when not belonging to the eligible participants as prescribed in Clause 1 of Article 7 of this Decree.

9. Allowing persons who do not belong to the eligible participants as prescribed in Clause 1 of Article 7 of this Decree to borrow or use their information to register for an account to participate in betting as prescribed in Article 17 of this Decree.

10. Participating in arranging or agreeing to manipulate the results of betting events.

11. Enterprises conducting betting business providing loans to players to participate in betting.

12. Permitting individuals who are not allowed to participate in betting as prescribed in Clause 2 of Article 7 of this Decree to participate in betting under any form or reason.

13. Exploiting the betting business to organize betting activities contrary to the provisions of this Decree.

14. Providing odds information established by enterprises conducting betting business without the enterprise's consent or authorization.

15. Exploiting the betting business to carry out money laundering activities.

16. Exploiting promotional activities involving chance and entertainment to illegally conduct betting business with the aim of profiting from customer payments.

17. Causing public disorder at racecourses or ticket sales locations.

18. Other prohibited acts as prescribed by law.

Chapter II

ORGANIZATION OF BETTING BUSINESS

Article 5. Types of Betting

The permitted types of betting include:

1. Horse racing betting.

2. Dog racing betting.

3. International football betting.

Article 6. Betting Products

1. For horse racing betting and dog racing betting: The betting products are based on the ranking of horses and dogs at the finish line in horse races and dog races organized by betting businesses in accordance with Chapter III of this Decree.

2. For international football betting: The betting products are based on the score of the match, half-time score, events occurring during the match, and rankings in the competition. Matches and competitions selected as the basis for international football betting must be international football matches and competitions announced and approved by the International Football Federation (FIFA). The Ministry of Culture, Sports and Tourism will announce the list of matches and competitions selected as the basis for international football betting.

Article 7. Players

1. Players must be at least 21 years old and have full civil capacity as prescribed by law.

2. Prohibited Participants

a) Not falling within the category specified in Clause 1 of this Article;

b) Management staff, executives, employees, and parents, spouses, children of management staff, and executives of betting businesses participating in betting organized by their own business;

c) Members of the Race Supervisory Council and their parents, spouses, children participating in betting on horse races and dog races that they supervise;

d) Jockeys, players, referees, and their parents, spouses, children participating in betting on races, matches, and competitions in which they participate or control;

đ) Individuals who are prohibited from participating in betting by family members with full civil capacity, including parents, spouses, children, or by themselves requesting the betting business not to allow them to participate in betting;

e) Individuals currently under criminal prosecution, having completed their sentence but not yet had their criminal record expunged; individuals currently undergoing community-based education, compulsory educational facilities, or mandatory drug rehabilitation centers.

3. Rights of Players

a) To be confirmed and awarded prizes fully by the business when winning according to the rules of betting announced;

b) Foreign players and overseas Vietnamese residents who win prizes may purchase foreign currency at authorized banks to transfer or carry out of the country in accordance with laws on foreign exchange management;

c) To be protected by law for legitimate rights arising from participation in betting and ensuring confidentiality of personal winning information;

d) To have the right to lodge complaints and denunciations against the business regarding prize payouts, fraudulent acts of the business, and related parties;

đ) To enjoy other legitimate benefits as stipulated by law and the announced rules of betting.

4. Obligations of Players

a) To present personal identification to prove eligibility to participate in betting when requested by the business or state management agencies;

b) To comply with laws and regulations on betting operations and the announced rules of betting;

c) To fulfill tax obligations to the state as prescribed by law;

d) Not to engage in any fraudulent activities during the betting process;

đ) To keep betting tickets to claim prizes upon winning.

Article 8. Limits on Participation in Bets

1. The minimum bet amount for each individual bet is 10,000 VND (ten thousand VND).

2. The maximum bet amount per person per day for each betting product at a betting business enterprise is 1,000,000 VND (one million VND).

3. The Ministry of Finance shall take the lead and coordinate with the Ministries of Culture, Sports and Tourism, Planning and Investment, Justice, and Public Security to submit to the Government for decision on adjusting the minimum and maximum bet amounts specified in Clauses 1 and 2 of this Article during each period.

Article 9. Rules for Placing Bets

1. A betting business enterprise must issue Rules for Placing Bets for each betting product. The Rules for Placing Bets must comply with the provisions of the law and include the following contents:

a) Name of the betting product;

b) Description of the betting product;

c) Participants eligible to place bets;

d) Method of placing bets;

đ) Time of accepting bets and time of ceasing to accept bets;

e) Method of determining the results of the bet for awarding prizes;

g) Prize payout methods;

h) Prize payout rates;

i) Cases for refunding the purchase price of betting tickets;

k) Conditions of the betting ticket for claiming prizes when winning;

l) Methods for handling disputes;

m) Rights and obligations of players;

n) Other regulations according to the management requirements of the enterprise in compliance with the provisions of the law.

2. At least five working days before commencing operations, a betting business enterprise has the responsibility to:

a) Send the Rules for Placing Bets to the Ministry of Finance, Provincial Department of Finance, and the local tax authority directly managing it for monitoring and management;

b) Publicly announce the Rules for Placing Bets at the racecourse (applicable to horse racing and dog racing bets), the main office of the enterprise, and fixed betting ticket sales points.

3. In case the competent state management agency finds that the Rules for Placing Bets contain contents inconsistent with the provisions of Clause 1 of this Article, within five working days from the date the state management agency issues a letter requesting and guiding amendments to the Rules for Placing Bets, the enterprise must amend and supplement the Rules for Placing Bets to be consistent with the provisions of Clause 1 of this Article.

4. When changing any content of the Rules for Placing Bets, within five working days from the date of changing the content of the Rules for Placing Bets, the enterprise must resubmit in writing the amended, supplemented, or replaced Rules for Placing Bets to the Ministry of Finance, Provincial Department of Finance, the local tax authority directly managing it, and a document clearly stating the amended, supplemented, or replaced clause and the reasons for such changes. Simultaneously, the enterprise must publicly announce the amended, supplemented, or replaced Rules for Placing Bets in accordance with point b of Clause 2 of this Article.

Article 10. Prize Payout Methods

1. Prize payout methods for bets include:

a) Fixed prize payout method;

b) Prize payout method varying based on revenue;

c) Combination of both prize payout methods stipulated in points a and b of this clause.

2. Based on the prize payout methods stipulated in Clause 1 of this Article, the enterprise selects appropriate prize payout methods for each type of betting product.

Article 11. Prize Payout Rates

1. For the fixed prize payout method: The prize payout rate depends on the odds and maintains a planned prize payout rate of at least 65% of ticket sales revenue for each type of betting product.

2. For the prize payout method varying based on revenue: The planned prize payout rate set by the enterprise is at least 65% of ticket sales revenue for each type of betting product.

Article 12. Methods for distributing betting tickets

1. Betting tickets shall be distributed through the following methods:

a) Through terminal devices;

b) Through telephones (landline and mobile), excluding the method of distributing betting tickets via the Internet or Internet technology applications on phones. This distribution method shall only be implemented after one year from the implementation of the method of distributing betting tickets through terminal devices.

2. Technical conditions for the betting system

a) Hardware conditions (servers, terminal devices):

 - With clear origin and place of manufacture, legally imported into Vietnam (in cases of import from abroad);

 - Machinery and equipment must meet G7 standards and come with complete technical documentation describing characteristics, installation procedures, detailed diagrams of machine parts, replacement and repair methods, lists of spare parts, operation methods, and maintenance procedures;

 - Installed according to technical specifications and manufacturer instructions; ensuring safe and stable operation;

 - Capable of integrating at least two data transmission channels to the server system to ensure at least one backup data channel when the main data transmission channel fails;

- Must have a backup server operating concurrently with the main server to back up all betting participation data of players.

b) Software conditions:

- Must have legal copyright;

- Designed in accordance with legal regulations and betting rules for each betting product;

 - Ensuring timely and accurate recording of player betting participation data, accurate calculation and determination of revenue, prize value, verification of winning ticket parameters;

- Must have high security, preventing external intrusion or interference that could distort betting participation data and other data serving business operations;

c) Data transmission conditions (including both terminal systems and telephone systems):

- Must have high stability, with sufficient traffic and speed to meet the requirements for timely information exchange and processing between servers, terminal devices, telephone systems, and directly related equipment;

- Ensuring security, safety, and confidentiality of user information according to legal regulations;

- Ensuring the accurate and complete recording of all information (in file or audio form) of player betting participation as a basis for management, supervision, and prize payout activities of betting businesses.

Article 13. Business territory for betting

The business territory for horse racing betting, dog racing betting, and international football betting is based on the ticket distribution methods stipulated in Article 12 of this Decree and is specifically defined in the Certificate of Eligibility for Betting Business, specifically:

1. The business territory for horse racing betting and dog racing betting includes:

a) Within the racecourse of the enterprise as prescribed in this Decree through the method of distributing betting tickets through terminal devices;

b) Outside the racecourse throughout the country through the method of distributing betting tickets through terminal devices and telephones. Operating betting outside the racecourse throughout the country may only be conducted after one year from organizing horse racing betting and dog racing betting within the racecourse.

2. The business territory for international football betting includes:

a) In some provinces and centrally-administered cities through the method of distributing betting tickets through terminal devices. The Ministry of Finance shall take the lead, coordinating with the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Justice, and the Ministry of Public Security to submit to the Prime Minister for decision on selecting some provinces and centrally-administered cities to pilot international football betting;

b) Throughout the country through the method of distributing betting tickets through telephones.

Article 14. Fixed Betting Ticket Sales Points

The enterprise may directly establish fixed betting ticket sales points or select agents to set up fixed betting ticket sales points for distribution of betting tickets. The establishment of fixed betting ticket sales points must meet the following conditions:

1. Located within the business area for betting as specified in Article 13 of this Decree.

2. Ensuring that within a minimum radius of 500 meters there are no schools or public playgrounds exclusively for children.

3. Infrastructure ensuring sufficient and timely transmission of information about betting.

Article 15. Frequency of Organizing Bets and Time of Accepting Bets

1. The organization of horse racing bets and dog racing bets shall be decided by the enterprise but must ensure a maximum frequency not exceeding three days each week. The time of ending horse races and dog races for betting business must be before 23 hours on the day organizing horse racing and dog racing bets.

2. The start and end times of accepting bets must meet the following conditions:

a) For horse racing and dog racing bets: The start time of accepting bets from players for each race must not exceed twelve hours before the race starts, and the end time of accepting bets for each race must be at least one minute before the race begins;

b) For international football bets: The start time of accepting bets is from when the event organizer announces the schedule and venue of the match, and the end time of accepting bets must be at least five minutes before the betting event ends.

Article 16. Betting Tickets

1. Betting tickets can be issued in the form of certificates or electronic data, depending on the methods of distributing betting tickets as stipulated in Article 12 of this Decree.

2. Betting tickets in the form of certificates must contain the following contents:

a) Name of the enterprise issuing the betting ticket;

b) Name of the betting event or betting event code;

c) Date and time of the betting event;

d) Player's selection;

đ) Amount of bet;

e) Date and time of issuance of the betting ticket;

g) Validity period of the betting ticket (if applicable);

h) Odds (if applicable);

i) Symbol of the betting ticket selling agent or terminal device;

k) Serial number, identification code of the betting ticket to prevent counterfeiting;

l) Other contents according to the management requirements of the enterprise in accordance with the provisions of the law.

3. Betting tickets in the form of electronic data must contain the following contents:

a) Contents prescribed in points a, b, c, d, đ, e, g, h and l of Clause 2 of this Article;

b) Player's betting account number.

Article 17. Player's Betting Account

1. Players participating in betting through telephones (landlines and mobile phones) must have a betting account registered with the betting business enterprise to participate in betting.

2. When registering a betting account, the player is responsible for declaring and bearing legal responsibility for the accuracy of the declared information. The player's declaration information must include the following contents:

a) Player's full name;

b) Date of birth;

c) Identity card number or passport number (for foreigners), date of issue, place of issue;

d) Place of registration for participation in betting;

đ) Bank account number opened at credit institutions established and operating legally in Vietnam;

e) Name, address, telephone, email (Email) of the person to contact when necessary;

g) Other contents according to the management requirements of the enterprise in accordance with the provisions of the law.

3. After the player registers to open a betting account, the enterprise issues an account number and initial password for the player to access when participating in betting. The player is responsible for managing and protecting their account and password during use.

4. Payment and prize payout activities between players and betting business enterprises must be carried out through the accounts of players and betting business enterprises opened at credit institutions established and operating legally in Vietnam.

Article 18. Ticket Sales Agents for Bets

1. Enterprises engaged in horse racing and dog racing bets may select organizations or individuals to act as ticket sales agents for bet tickets. Enterprises engaged in international football bets may select organizations to act as ticket sales agents for bet tickets.

2. Conditions for individuals to act as ticket sales agents for bet tickets:

a) Being a Vietnamese citizen aged 18 years or older, residing in Vietnam and having full civil capacity according to the law;

b) Meeting the requirements for guaranteeing payment obligations under the law on secured transactions to ensure the fulfillment of payment obligations towards the enterprise operating bets;

c) Having a fixed ticket sales point for bet tickets as stipulated in Article 14 of this Decree.

3. Conditions for organizations to act as ticket sales agents for bet tickets:

a) Being an economic organization established and legally operating in Vietnam;

b) Meeting the requirements for guaranteeing payment obligations under the law on secured transactions to ensure the fulfillment of payment obligations towards the enterprise operating bets;

c) Having a fixed ticket sales point for bet tickets as stipulated in Article 14 of this Decree.

4. Ticket sales agents for bet tickets must fulfill all tax obligations to the state as prescribed by law.

Article 19. Principles for Determining Bet Results for Prize Payments

1. The enterprise must announce the results of each betting event immediately after its conclusion, and such announcement serves as the basis for prize payments to players. The announcement of the betting event result is based on the following grounds:

a) For horse racing and dog racing bets: Based on the race results determined by the Referee and confirmed by the Race Supervisory Board according to Clause 3, Article 29 of this Decree and the first official information release;

b) For international football bets: Based on the referee's decision regarding the betting product related to the international football match result or based on the first official information release from the event organizer regarding the betting product related to the international football tournament result.

2. The enterprise is responsible for the accuracy and honesty of the information announced regarding the results of betting events.

Article 20. Provisions on Prize Payments

1. The claim period for winning bet tickets is 30 days, starting from the day the event result is announced or from the expiration date of the bet ticket circulation (if applicable). Beyond the specified period, winning bet tickets will lose their claim value.

2. Prize payments to winning players are made at the headquarters, branches of the betting enterprise, where the betting was organized, authorized ticket sales agents, or through the player's account opened at financial institutions legally established and operating in Vietnam.

3. The enterprise's payment time for prizes to winning players shall not exceed five working days from the date of receiving the claim request from the player.

4. In cases of disputes or complaints, the payment time for prizes can be extended until there is a formal conclusion from the competent authority.

Article 21. Refunds for Purchased Bet Tickets

1. The enterprise must refund the purchase price of bet tickets to all players in the following situations:

a) The location of the betting event has been changed;

b) The betting event has been announced as canceled without a rescheduled date, or with a rescheduled date but a different location or a delay of more than 36 hours compared to the original schedule;

c) The Race Supervisory Board refuses to confirm the results of the horse or dog race;

d) The enterprise violates the Racing Regulations;

e) Other special cases as prescribed by law.

2. The enterprise must refund the purchase price of bet tickets to players who have placed bets on horses or dogs that were disqualified before the race begins, according to the decision of the Referee or the Race Supervisory Board.

3. Bet tickets requested for refunds must meet the conditions for claimable bet tickets as prescribed by law.

Article 22. Internal regulations on preventing and combating money laundering

1. Enterprises must establish and promulgate internal regulations on preventing and combating money laundering in accordance with the Law on Preventing and Combating Money Laundering and guiding documents.

2. Enterprises must promptly amend and supplement internal regulations on preventing and combating money laundering to be consistent with changes in laws, organizational structure, scale, and the level of money laundering risk. Enterprises must disseminate internal regulations on preventing and combating money laundering to departments, officers, and employees responsible for implementing such regulations.

Article 23. Rights and obligations of enterprises engaged in betting business

1. Enterprises engaged in betting business have the following rights:

a) Permission to organize betting activities according to the Business License for Betting issued to them;

b) Permission to refuse bets from individuals who are not allowed to participate in betting as stipulated in Clause 2, Article 7 of this Decree.

2. Enterprises engaged in betting business have the following obligations:

a) To comply with regulations on betting activities set forth in this Decree and relevant laws;

b) To organize betting activities strictly in accordance with the announced Betting Rules;

c) To apply measures to ensure that only individuals meeting the conditions specified in Article 7 of this Decree are permitted to participate in betting;

d) To pay full and timely prizes to winners upon winning. To confirm prize money accurately if requested by the player;

đ) To provide related documents concerning the winnings of foreign players and overseas Vietnamese residents to serve as the basis for authorized foreign exchange banks to sell foreign currency, transfer foreign currency abroad, or issue certificates for carrying foreign currency out of the country for the aforementioned individuals;

e) To keep confidential information about winnings at the request of the player, except when providing it to competent state management agencies for inspection, audit, investigation, and supervision as required by law;

g) To resolve disputes and complaints of players in accordance with the announced Betting Rules and relevant laws;

h) To fulfill all tax obligations and other legal requirements during the course of business operations;

i) To implement preventive and anti-money laundering measures as prescribed by law;

k) To implement security, public order, and social safety measures as prescribed by law;

l) To promote, warn, and advise players to control their level of participation in betting in line with their income capacity;

m) To bear direct responsibility under Vietnamese law for all betting business activities conducted by the enterprise.

Chapter III

ORGANIZATION OF HORSE RACING AND DOG RACING FOR BETTING ACTIVITIES

Article 24. Conditions for organizing horse racing and dog racing

1. Only enterprises granted a Business License for Horse Racing Betting and Dog Racing Betting in accordance with this Decree and enterprises specified in Clause 1, Article 79 of this Decree may organize horse races and dog races, and the results thereof may be used for betting purposes.

2. Enterprises may only organize horse races and dog races at racecourses that have been licensed by competent state management authorities in accordance with the law.

3. Horse races and dog races may only proceed after fully satisfying the following conditions:

a) Having Race Regulations established and promulgated by the enterprise;

b) Publicly announcing a list of race horses, race dogs, jockeys, and related information about race horses, race dogs, and jockeys participating in the race at least 24 hours before the first race of the day;

c) Race horses, race dogs, and jockeys participating in the race must meet all conditions as prescribed by law and the Race Regulations;

d) Having Referees and Race Supervisory Committees as prescribed in this Decree;

đ) Starting devices and cameras for determining the finish position of race horses and race dogs must be complete and functioning properly to ensure accuracy and fairness in organizing the race and determining the race results.

4. Races must be organized strictly in accordance with the Race Regulations announced by the enterprise.

Article 25. Racing Rules

1. Enterprises engaged in horse racing and dog racing betting must establish Racing Rules and they must be approved by the Ministry of Culture, Sports and Tourism before implementation. The Racing Rules must comply with legal provisions and include the following basic contents:

a) Conditions and standards for race horses and race dogs;

b) Conditions and standards for jockeys;

c) Registration procedures for race horses, race dogs, and jockeys;

d) Procedures for ranking and scheduling races for race horses and race dogs;

đ) Inspection procedures for race horses, race dogs, and jockeys before and after the race and methods to determine those not meeting conditions and standards to participate in the race;

e) Responsibilities and authorities of horse owners, dog owners, jockeys, and referees;

g) Procedures for organizing the race and methods to determine the finishers among race horses and race dogs;

h) The authority responsible for making the final decision on the race results;

i) Prize money and methods for distributing prize money between the betting enterprise and horse owners, dog owners;

k) Violations and methods for handling violations;

l) Methods for handling disputes;

m) Other contents according to management requirements of the enterprise in compliance with legal provisions.

2. At least five working days before commencing operations, enterprises engaged in horse racing and dog racing betting have the responsibility to:

a) Submit the Racing Rules to the Race Supervisory Board specified in Article 29 of this Decree for monitoring and management;

b) Publicly announce the Racing Rules at the race track, main office of the enterprise, fixed betting ticket sales points, and on the enterprise's website (if available).

3. In cases of amending or supplementing the Racing Rules, approval from the Ministry of Culture, Sports and Tourism is required. Enterprises engaged in horse racing and dog racing betting must submit updated versions of the amended or supplemented Racing Rules at least 24 hours before the race to the Race Supervisory Board for monitoring and management. Simultaneously, the enterprise must publicly announce the amended, supplemented, or replaced Racing Rules as stipulated in point b clause 2 of this Article.

Article 26. Race Horses and Race Dogs

1. Enterprises must specify detailed standards for race horses and race dogs participating in races for use in organizing horse racing and dog racing betting, but must meet the following standards:

a) Race horses participating in races must be domesticated and trained for racing;

b) Race dogs participating in races must be Greyhound breeds that are domesticated and trained for racing.

2. Race horses and race dogs participating in each race must be registered in advance with enterprises engaged in horse racing and dog racing betting according to the Racing Rules and have unique names and identification numbers for recognition and determination upon finishing the race.

3. Referees and the Race Supervisory Board have the right to request or designate inspections for any race horses or race dogs participating in the race if deemed necessary or if signs of fraud are detected. Violation handling shall be carried out in accordance with the Racing Rules and relevant legal provisions.

Article 27. Jockeys

1. Enterprises must establish conditions and standards for jockeys controlling horses during races for use in organizing horse racing betting and must be approved by the Ministry of Culture, Sports and Tourism before implementation. Jockeys must meet the following standards:

a) They must be workers as defined in the Labor Code;

b) Hold a jockey certificate issued by an enterprise engaged in horse racing betting or a training institution authorized to train jockeys;

c) Not have familial relationships with any other race horse owner participating in the race, including: spouse, parent, adoptive parent, child, adopted child, sibling.

2. During the control of race horses, jockeys must fully comply with all provisions in the Racing Rules. In case of violation by a jockey, it will be handled according to the Racing Rules and relevant legal provisions.

3. At least five working days before organizing horse races, enterprises engaged in horse racing betting must submit a list of jockeys to the Race Supervisory Board for monitoring and management.

Article 28. Arbitrators

1. Arbitrators are persons selected by horse racing and dog racing betting enterprises to ensure they meet the standards for Arbitrators issued by the Ministry of Culture, Sports and Tourism.

2. Enterprises must arrange a sufficient number of Arbitrators to ensure supervision throughout the entire process from checking the standards of racehorses and race dogs, bringing racehorses and race dogs to the starting point, during the race, and determining the racehorses and race dogs when they reach the finish line. The Arbitrators are organized into an Arbitration Board, within which there is a Chief Arbitrator responsible for making final decisions of the Arbitration Board and bearing full responsibility for all decisions of the Arbitration Board.

3. At least five working days before organizing horse races and dog races, horse racing and dog racing betting enterprises must submit a list of Arbitrators to the Race Supervisory Council for monitoring and management.

Article 29. Race Supervisory Council

1. The People's Committee of the province or centrally governed city (hereinafter referred to as the Provincial People's Committee) where the horse racing and dog racing track is located shall be responsible for establishing the Race Supervisory Council based on the proposal of the Department of Finance to supervise horse racing and dog racing activities.

2. The composition of the Race Supervisory Council includes representatives from the Departments of Finance, Culture, Sports and Tourism, Justice, provincial public security agencies, Agriculture and Rural Development, and representatives of horse racing and dog racing betting enterprises. Depending on the scale of betting business operations and actual conditions in each province or city, the Provincial People's Committee decides on the composition of the Race Supervisory Council with the spirit of streamlining the organization and enhancing work efficiency.

3. The Race Supervisory Council has the following functions, tasks, and powers:

a) Checking the conditions for organizing horse races and dog races as stipulated in Article 24 of this Decree. In cases where enterprises do not meet the conditions for organizing horse races and dog races, the Race Supervisory Council must prepare a record and request the enterprise to temporarily suspend its race organizing activities to report to competent state management agencies for examination and handling in accordance with the law;

b) Directly supervising the process of organizing horse races and dog races according to the published Racing Regulations;

c) Signing a record confirming the results of the race;

d) Performing other functions and tasks as prescribed by law.

4. Operation mechanism of the Race Supervisory Council

a) The Race Supervisory Council performs tasks and powers as prescribed in Clause 3 of this Article.

b) The supervision and inspection by the Race Supervisory Council are based on the provisions of the law on betting, the operational regulations of the Race Supervisory Council approved by the Provincial People's Committee based on the proposal of the Department of Finance, and the published Racing Regulations.

c) The Race Supervisory Council must have a complete composition when performing its duties. In case members cannot participate fully due to objective reasons, apart from the representative of the betting enterprise, at least two other members of the Race Supervisory Council must be present.

d) The Race Supervisory Council operates on the principle of consensus. In cases where there are different opinions on the same issue, it will be handled as follows:

- A decision is passed when more than 50% of the attending members of the Race Supervisory Council agree;

- In cases where the number of supporters and opposers is equal, the decision will be implemented according to the plan agreed upon by the Chairman of the Race Supervisory Council.

e) The Race Supervisory Council operates on a part-time basis, except for the representative of the betting enterprise.

5. The Ministry of Finance shall provide detailed guidance on the operational regulations, remuneration system for participation in the Race Supervisory Council, and other contents related to the organization and operation of the Race Supervisory Council.

Chapter IV

Article 30. Conditions, Documents and Procedures for Issuing Investment Registration Certificate for Horse Racing and Dog Racing Projects Including Betting Operations

Section 1

FOR HORSE RACING AND DOG RACING BETTING

Article 30. Conditions, documents and procedures for issuing the Investment Registration Certificate for horse racing and dog racing projects, including betting operations

1. In addition to the conditions stipulated by laws on investment, horse racing and dog racing projects, including betting operations, must also meet the following conditions:

a) The location for constructing the horse racing and dog racing track must be consistent with the socio-economic development plan of the locality where the track is built;

b) The minimum capital investment is 1,000 billion VND (one thousand billion VND) for horse racing betting operations and at least 300 billion VND (three hundred billion VND) for dog racing betting operations;

c) A business operation plan for horse racing and dog racing betting that complies with legal regulations;

d) An investment plan for modern and synchronized technology, technical equipment, and software systems that can be easily upgraded, accurately operated, safely, and stably;

2. The documents, procedures, and processes for issuing the Investment Registration Certificate for horse racing and dog racing projects, including betting operations, shall be carried out in accordance with the laws on investment and related laws;

3. In cases where two or more investors are interested, the selection of investors for horse racing and dog racing projects, including betting operations, must be conducted through a bidding process in accordance with the laws on bidding;

4. Businesses engaged in horse racing and dog racing betting must be organized in the form of a limited liability company or a joint-stock company.

Article 31. Conditions and Documents for Requesting a Certificate of Eligibility for Horse Racing and Dog Racing Betting Operations

1. After completing the investment registration procedures as stipulated in Article 30 of this Decree, businesses must apply for a Certificate of Eligibility for Betting Operations before organizing such activities. The conditions for obtaining a Certificate of Eligibility for Horse Racing and Dog Racing Betting Operations include:

a) Completion of the construction of the horse racing and dog racing track in accordance with the Investment Registration Certificate or the decision on investment orientation issued by the competent state management agency;

b) Equipping with complete technological systems, technical equipment, and software systems to organize horse racing and dog racing activities and betting operations in accordance with this Decree;

c) Having a feasible business plan for horse racing and dog racing betting, distribution methods for betting tickets, and issuance areas for betting tickets in compliance with this Decree and relevant laws;

2. The documents for requesting a Certificate of Eligibility for Horse Racing and Dog Racing Betting Operations include the following:

a) Application for a Certificate of Eligibility for Betting Operations;

b) Certified copy of the Investment Registration Certificate or the decision on investment orientation for horse racing and dog racing tracks, including betting operations, issued by the competent state management agency in accordance with the laws on investment, or an un-certified copy accompanied by the original for verification;

c) Criminal record sheet for the enterprise's managers and executives;

d) Documentation and evidence proving that the enterprise meets the conditions stipulated in Clause 1 of this Article;

đ) Quality certification for the construction project of the horse racing and dog racing track issued by the competent state management agency;

e) Business plan, including the following main contents: Objectives, product types, distribution methods for betting tickets, issuance areas for betting tickets, frequency of betting operations, business performance assessment (revenue, costs, profit, and tax payments), environmental impact assessment, measures to ensure social security and order, implementation plan and operating period;

g) Draft Rules for Betting, Race Regulations, and internal regulations on anti-money laundering.

Article 32. Procedure and Formalities for Issuing the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business

1. The enterprise shall submit one set of application dossier for issuing the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business to the Ministry of Finance for verification of completeness and validity of the dossier. Within five working days from the date of receipt of the dossier, the Ministry of Finance shall notify the enterprise about the completeness and validity of the dossier and request the enterprise to supplement documents (if necessary) and submit five sets of formal dossiers for examination.

2. Within ninety days from the date of receiving complete and valid dossiers, the Ministry of Finance shall examine and issue the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business. In case of refusal to issue the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business, the Ministry of Finance shall notify the enterprise in writing and specify the reasons.

3. Examination and Approval Procedures

a) Within fifteen days from the date of receipt of the valid dossier, the Ministry of Finance shall send the dossier to seek opinions from relevant agencies including: the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise registers to invest in building the racecourse.

b) Within thirty days from the date of sending the dossier to seek opinions from the aforementioned relevant agencies, the Ministry of Finance shall establish a multi-sectoral inspection team comprising: the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise registers to invest in building the racecourse to inspect the actual site at the racecourse, the business area for wagering, and the main office of the enterprise applying for the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business.

c) Within fifteen days from the end of the on-site inspection, the agency whose opinion was sought must provide written comments to the Ministry of Finance and bear responsibility for the contents of their comments.

d) After receiving the comments from the aforementioned relevant agencies, the Ministry of Finance shall compile the comments and decide whether to issue or not to issue the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business.

4. Content of Examination Based on the provisions of this Decree, the Ministry of Finance and relevant agencies including: the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise registers to invest in building the racecourse shall examine the dossier according to the contents consistent with the conditions stipulated in Article 31 of this Decree.

Article 33. Contents of the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business

1. The Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business must contain the following information:

a) Name and address of the enterprise;

b) Number and date of issuance of the Investment Registration Certificate or the decision on investment orientation or the Enterprise Registration Certificate;

c) Legal representative of the enterprise;

d) Type of wagering;

đ) Address of the racecourse;

e) Method of distributing betting tickets;

g) Business area for wagering;

h) Validity period;

i) Other contents as required by management.

2. The validity period of the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business shall be based on the enterprise’s proposal but shall not exceed the operating period specified in the Investment Registration Certificate or the decision on investment orientation and shall not exceed ten years from the date the Certificate of Eligibility to Conduct Horse Racing Wagering and Dog Racing Wagering Business becomes effective, except for cases stipulated in Article 79 of this Decree.

Article 34. Reissue of the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business

1. In cases where the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business of a business is lost, misplaced, damaged due to natural disasters, fire, or other objective reasons, the business must apply for reissuance of the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business.

2. The application dossier for reissuing the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business includes:

a) An application form for reissuing the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business;

b) A certified copy of the Investment Registration Certificate or the approval document for investment orientation issued by the competent state management agency according to the laws on investment, or an uncertified copy accompanied by the original for verification;

c) A certified copy of the Enterprise Registration Certificate issued by the competent state management agency according to the Law on Enterprises, or an uncertified copy accompanied by the original for verification;

d) A certified copy of the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business that has been lost, misplaced, or damaged (if available).

3. Procedures and formalities for reissuing the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business

Within fifteen days from the date of receiving a complete application dossier, the Ministry of Finance will consider and reissue the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business for the business, clearly indicating the reissue. The number of the reissued Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business shall be the same as the previously issued number.

4. The validity period of the reissued Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business is the remaining operational period specified in the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business issued, reissued, or adjusted at the nearest time point.

Article 35. Amendment of the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business

1. In cases where a business requests to amend any content stipulated in Clause 1 of Article 33 of this Decree in the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business, the business must apply for amending the Certificate of Eligibility for Operating Horse Racing Wagering.

2. The application dossier for amending the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business includes:

a) An application form for amending the Certificate of Eligibility for Operating Horse Racing Wagering;

b) A certified copy of the Certificate of Eligibility for Operating Horse Racing Wagering or an uncertified copy accompanied by the original for verification;

c) Documents proving that the amendment of the Certificate of Eligibility for Operating Horse Racing Wagering complies with the provisions of this Decree and relevant laws.

3. Procedures and formalities for amending the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business

Within thirty days from the date of receiving a complete application dossier, the Ministry of Finance, in coordination with related agencies including the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the business registers to build a racecourse, will consider and amend the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business for the business, clearly indicating the amendment.

4. The validity period of the amended Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business is the remaining operational period specified in the Certificate of Eligibility for Operating Horse Racing Wagering and Dog Racing Wagering Business issued, reissued, or amended at the nearest time point.

Article 36. Extension of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering

1. Businesses holding a Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering that have reached their validity period as prescribed in this Decree, if they wish to continue operating wagering, must apply for extension at least six months before the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering expires.

2. Conditions for extending the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering include:

a) The Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering remains valid for at least six months prior to submitting the application for extension;

b) Fulfillment of all business conditions as stipulated in Clause 1, Article 31 of this Decree;

c) Compliance with business conditions as concluded by the inspection authority in periodic inspections as prescribed in Clause 2, Article 78 of this Decree.

3. Documents for requesting an extension of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering include:

a) Application for extension of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering;

b) Certified copy of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering remaining valid for at least six months prior to submitting the application for extension;

c) Documents specified in points b, c, d, đ, and e of Clause 2, Article 31 of this Decree;

d) Certified copy of the conclusion record confirming compliance with business conditions by the inspection authority in periodic inspections as prescribed in Clause 2, Article 78 of this Decree.

4. Procedures and formalities for extending the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering shall be carried out according to the provisions of Clauses 1, 2, and 3, Article 32 of this Decree.

5. Content of review

Based on the provisions of this Decree, the Ministry of Finance and relevant agencies including the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise registers to build a racecourse shall review the documents in accordance with the contents consistent with the conditions prescribed in Clause 2 of this Article.

6. Duration of extension of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering shall be based on the enterprise's request but shall not exceed the project operation period specified in the Investment Registration Certificate or investment decision document, and shall not exceed ten years from the date the extended Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering becomes effective.

Article 37. Revocation of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering

1. A business will have its Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering revoked when one of the following situations occurs:

a) Within twelve months from the date of issuance of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering, no business operations are commenced;

b) Dissolution or bankruptcy as prescribed by law;

c) Revocation of the Investment Registration Certificate or Business Registration Certificate;

d) Failure to meet business conditions as concluded by the inspection authority as prescribed in point a, Clause 2, Article 78 of this Decree;

đ) Violation of all regulations on organizing horse racing and dog racing wagering business activities as concluded by the inspection authority as prescribed in point b, Clause 2, Article 78 of this Decree.

2. The Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering will automatically become invalid and be revoked in cases prescribed in points b and c, Clause 1 of this Article.

3. The Ministry of Finance shall take the lead and coordinate with relevant agencies including the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise registers to build a racecourse to consider issuing a decision to revoke the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering in cases prescribed in points a, d, and đ, Clause 1 of this Article. This decision will be notified to the enterprise ten days prior to the revocation date.

4. The enterprise must immediately cease all horse racing and dog racing wagering business activities upon revocation of the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering.

5. The decision to revoke the Certificate of Eligibility for Operating Horse Racing and Dog Racing Wagering of the enterprise will be announced by the Ministry of Finance through mass media.

Section 2

 REGARDING INTERNATIONAL FOOTBALL WAGERING

Article 38. Pilot Business for International Football Betting

1. The Government permits one enterprise to organize a pilot business for international football betting. The pilot period for international football betting business is five years from the date the enterprise is granted the Certificate of Eligibility for International Football Betting Business. After the pilot period, the Government will review and evaluate to decide whether to continue permitting the pilot business for international football betting or terminate the pilot business for international football betting.

2. Enterprises organizing a pilot business for international football betting must meet the following conditions:

a) Minimum charter capital of 1,000 billion VND (one thousand billion VND) or equivalent;

c) Feasible international football betting business plan, distribution method for betting tickets, and issuance areas for betting tickets in compliance with this Decree and relevant laws;

đ) Commitment to ensure social security and support the community.

3. The Ministry of Finance shall take the lead and coordinate with the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Justice, the Ministry of Public Security, and other relevant ministries and agencies to conduct bidding to select enterprises to organize a pilot business for international football betting in accordance with the provisions of the Bidding Law.

4. The enterprise selected to organize a pilot business for international football betting under the provisions of Clause 3 of this Article shall implement investment procedures in accordance with the law on investment.

Article 39. Conditions and Documents for Application for the Certificate of Eligibility for International Football Betting Business

1. An enterprise selected to pilot the international football betting business under the provisions of Article 38 of this Decree must apply for the Certificate of Eligibility for International Football Betting Business before conducting the international football betting business activities.

2. The condition for obtaining the Certificate of Eligibility for International Football Betting Business is that the enterprise must be prepared with material and technical infrastructure to serve the business process, including modern and synchronized technology systems, technical equipment, and business software that can be easily upgraded, accurately operated, safely, and stably.

3. The application documents for the Certificate of Eligibility for International Football Betting Business include the following:

a) Application for a Certificate of Eligibility for Betting Operations;

b) A certified copy of the Enterprise Registration Certificate issued by the competent state management agency in accordance with the law on enterprises, or an un-certified copy accompanied by the original for verification;

c) A certified copy of the Investment Registration Certificate or the decision on the investment direction for international football betting business issued by the competent state management agency in accordance with the law on investment, or an un-certified copy accompanied by the original for verification;

d) Criminal record sheet for the enterprise's managers and executives;

đ) Documentation and files proving that the enterprise meets the conditions stipulated in Clause 2 of this Article;

e) Draft Rules for Betting and internal regulations on anti-money laundering.

Article 40. Procedure for Issuing the Certificate of Eligibility for International Football Betting Business

1. The enterprise shall submit one set of application dossier to the Ministry of Finance for checking the completeness and validity of the dossier. Within five working days from the date of receipt of the dossier, the Ministry of Finance shall notify the enterprise about the completeness and validity of the dossier and request the enterprise to supplement documents (if necessary) and submit five sets of formal dossiers for examination.

2. Within ninety days from the date of receiving all valid dossiers, the Ministry of Finance shall examine and issue the Certificate of Eligibility for International Football Betting Business. In case of refusal to issue the Certificate of Eligibility for International Football Betting Business, the Ministry of Finance shall notify the enterprise in writing and specify the reasons.

3. Examination and Approval Procedures

a) Within fifteen days from the date of receiving the valid dossier, the Ministry of Finance shall send the dossier to seek opinions from relevant agencies including: the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise has registered investment.

b) Within thirty days from the date of sending the dossier to seek opinions from the aforementioned relevant agencies, the Ministry of Finance shall establish a multi-sectoral inspection team comprising: the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise has registered investment to conduct on-site inspections at the business premises and the main office of the enterprise applying for the Certificate of Eligibility for International Football Betting Business.

c) Within fifteen days from the end of the on-site inspection, the agency whose opinion was sought must provide written comments to the Ministry of Finance and bear responsibility for the contents of their comments.

d) After receiving the opinions of the aforementioned relevant agencies, the Ministry of Finance shall compile the opinions and decide on issuing or not issuing the Certificate of Eligibility for International Football Betting Business.

4. Content of Examination

Based on the provisions of this Decree, the Ministry of Finance and relevant agencies including: the Ministry of Culture, Sports and Tourism, the Ministry of Planning and Investment, the Ministry of Public Security, and the People's Committee of the province where the enterprise has registered investment shall examine the dossier according to contents consistent with the conditions stipulated in Article 39 of this Decree.

Article 41. Contents of the Certificate of Eligibility for International Football Betting Business

1. The Certificate of Eligibility for International Football Betting Business must include the contents prescribed in points a, b, c, d, e, g, h, and i of Clause 1, Article 33 of this Decree.

2. The validity period of the Certificate of Eligibility for International Football Betting Business is five years from the date the Certificate of Eligibility for International Football Betting Business becomes effective.

Article 42. Revocation of the Certificate of Eligibility for International Football Betting Business

During the pilot operation of international football betting business, if the enterprise violates the laws on investment or all regulations on organizing and operating international football betting business as concluded by the inspection agency according to point b, Clause 2, Article 78 of this Decree, the Ministry of Finance shall take the lead and coordinate with ministries and sectors to revoke the Certificate of Eligibility for International Football Betting Business of the enterprise.

Chapter V

INFORMATION, ADVERTISING AND PROMOTION

Article 43. Provision of Information

1. The enterprise shall be responsible for publicly announcing the Rules of Racing, Betting Regulations, and other information related to the betting event so that players can know when participating in betting and the results of the betting event to determine the winners.

2. The enterprise must provide complete and timely information and data related to the operation of the betting business as required by competent state management agencies.

3. The enterprise shall be responsible for the accuracy and truthfulness of the information it has announced and provided. Information related to the betting event must ensure truthfulness and have clear sources of citation.

Article 44. Advertising

1. Only enterprises that have been granted a Certificate of Eligibility for Business Operations issued in accordance with this Decree and enterprises specified in Clause 1 of Article 79 of this Decree are permitted to advertise activities related to business operations involving betting.

2. Advertising activities related to business operations involving betting must comply with the provisions of the law on advertising. The content of the advertisement includes:

a) Name and address of the enterprise conducting business operations involving betting;

b) Name of the betting product and betting event;

c) The eligible players as stipulated in Article 7 of this Decree.

3. Enterprises conducting business operations involving betting are only allowed to advertise through boards and signs within the main office premises, racecourses, and fixed betting ticket sales points, but must ensure that the content of the advertisements cannot be heard or seen from outside. In addition to the permitted forms of advertising specified in this Article, enterprises are not allowed to advertise activities related to horse racing, dog racing, and international football betting under any form and must comply with other provisions of the law on advertising.

Article 45. Promotions

Enterprises are not permitted to implement promotional policies for players in any form during the process of conducting business operations involving betting.

Chapter VI

FINANCIAL, ACCOUNTING AND AUDITING

Article 46. Financial System

1. The fiscal year of the enterprise shall be conducted in accordance with the provisions of the law on accounting.

2. The enterprise shall fulfill its tax obligations and contributions to the state in accordance with the current laws and guidelines of the Ministry of Finance.

3. The Ministry of Finance shall guide the financial management mechanism suitable for the nature of business operations involving betting.

Article 47. Accounting System and Reporting

1. The accounting system and financial reporting of the enterprise shall be implemented in accordance with the law and guidelines of the Ministry of Finance.

2. The enterprise shall separately account for revenues and expenses related to licensed business operations involving betting. In cases where revenues and expenses are associated with other business activities, the enterprise shall allocate them according to the guidelines of the Ministry of Finance.

3. The operational reporting system of the enterprise shall be carried out in accordance with the regulations of the Ministry of Finance.

Article 48. Auditing and Publicizing Financial Reports

1. The financial reports of the enterprise must be audited annually.

2. After the end of the fiscal year, the enterprise shall publicize the financial report in accordance with the law.

ADMINISTRATIVE PENALTIES FOR VIOLATIONS

Article 49. General Provisions on Administrative Sanctions

1. Chapter VII of this Decree stipulates administrative violations, forms, levels of sanctions, measures to remedy consequences, sanctioning authorities, and specific fine amounts for each position in the field of business operations involving betting.

2. Organizations and individuals involved in business operations involving betting who commit administrative violations in other fields as prescribed in other regulatory legal documents shall be subject to administrative sanctions in accordance with relevant laws.

Article 50. Forms of Administrative Sanctions and Measures to Remedy Consequences

1. The main forms of sanctions in the field of business operations involving betting include:

a) Warning;

b) Fine.

The maximum fine for individuals committing administrative violations in the wagering business sector is VND 100,000,000, and for organizations, it is VND 200,000,000.

The monetary penalty for administrative violations prescribed in this Decree is the fine imposed on organizations, except where Article 55 of this Decree only applies to individuals.

The fine for individuals is half the amount of the organizational fine for the same violation.

2. Supplementary forms of sanctions in the field of business operations involving betting:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for a specified period.

3. In addition to the forms of sanctions prescribed in Clauses 1 and 2 of this Article, depending on the nature and level of violation, organizations and individuals committing violations may also be subject to one or more of the following remedial measures:

a) Compel to correct information provided or published that is incomplete or inaccurate;

b) Compel to return illegal profits obtained from implementing administrative violations.

Article 51. Acts violating regulations on management and use of Certificates of Eligibility for Operating Betting on Horse Racing, Dog Racing, and International Football

1. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for acts of altering or erasing Certificates of Eligibility for Operating Betting.

2. A fine of VND 130,000,000 to VND 150,000,000 shall be imposed for acts of renting, lending, or transferring Certificates of Eligibility for Operating Betting.

3. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for operating betting without obtaining a Certificate of Eligibility for Operating Betting, except for enterprises specified in Clause 1 of Article 79 of this Decree.

4. Additional forms of administrative punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for six months to twelve months for administrative violations as prescribed in Clause 2 of this Article.

5. Measures to address consequences: Compel the return of illegal profits obtained from committing administrative violations stipulated in Clauses 2 and 3 of this Article.

Article 52. Acts violating regulations on scope of business

1. A fine of VND 130,000,000 to VND 150,000,000 shall be imposed for any of the following violations:

a) Linking with illegal betting entities to share risks;

b) Providing odds information without the consent or authorization of the betting business enterprise.

2. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for any of the following violations:

a) Operating betting beyond the permitted scope of business as licensed by competent state authorities according to the law;

b) Taking advantage of event outcomes to participate in betting or organize illegal betting operations.

3. Additional penalties: Suspension of the right to use the Certificate of Eligibility for Operating Betting for six to twelve months for administrative violations stipulated in Clause 2 of this Article.

4. Measures to remedy consequences:

Compel the return of illegal profits obtained through the implementation of administrative violations as prescribed in this Article.

Article 53. Acts violating regulations on types of betting and betting products

1. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for conducting betting product business contrary to the provisions of Article 6 of this Decree.

2. Additional forms of punishment:

a) Suspension of the right to use the Certificate of Eligibility for Operating Betting for six to twelve months for administrative violations stipulated in Clause 1 of this Article;

b) Suspension of the right to use the Certificate of Eligibility for Operating Betting for twelve to eighteen months for repeated offenses of administrative violations stipulated in this Article.

3. Measures to remedy consequences:

Compel the return of illegal profits obtained through the implementation of administrative violations as prescribed in this Article.

Article 54. Acts violating regulations on player management

1. A fine of VND 40,000,000 to VND 50,000,000 shall be imposed for selling betting tickets to individuals not permitted to participate in betting as stipulated in Clause 2 of Article 7 of this Decree.

2. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for lending money to players to participate in betting.

3. Measures to address consequences: Compel the return of illegal profits obtained from committing administrative violations stipulated in this Article.

Article 55. Acts violating regulations on obligations of players

1. A warning shall be issued for intentionally purchasing betting tickets to participate in betting when belonging to prohibited categories as stipulated in Clause 2 of Article 7 of this Decree.

2. A fine of VND 5,000,000 to VND 10,000,000 shall be imposed for altering or erasing betting tickets to claim prizes.

3. A fine of VND 10,000,000 to VND 20,000,000 shall be imposed for any of the following violations:

a) Forgery of betting tickets to claim prizes;

b) Collusion to manipulate event outcomes;

c) Forgery of winning results.

4. Measures to address consequences: Compel the return of illegal profits obtained from committing administrative violations stipulated in Clauses 2 and 3 of this Article.

Article 56. Acts violating provisions on drafting, promulgating, and publishing Racing Rules and Betting Regulations

1. A fine of VND 40,000,000 to VND 50,000,000 shall be imposed for any of the following violations:

a) Failing to submit the Betting Regulations to state management agencies as prescribed in Article 9 of this Decree;

b) Failing to submit the Racing Rules to the Race Supervisory Board as prescribed in Article 25 of this Decree.

2. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for any of the following violations:

a) Failing to publicly announce the Betting Regulations as prescribed in Article 9 of this Decree;

b) Failing to publicly announce the Racing Rules as prescribed in Article 25 of this Decree.

3. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for any of the following violations:

a) Failing to draft and promulgate the Betting Regulations as prescribed in Article 9 of this Decree;

b) Failing to draft and promulgate the Racing Rules as prescribed in Article 25 of this Decree.

4. Additional forms of administrative punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for six months to twelve months for administrative violations as prescribed in Clause 3 of this Article.

Article 57. Acts violating provisions on fixed betting ticket sales points

1. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for establishing fixed betting ticket sales points contrary to the provisions of Article 14 of this Decree.

2. Remedial measures: Compel the return of illegal profits obtained from committing administrative violations as stipulated in this Article.

Article 58. Acts violating provisions on methods of distributing betting tickets

1. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for using distribution methods for betting tickets that have not been authorized by competent state management agencies according to the law.

2. Additional forms of punishment:

a) Suspension of the right to use the Business Condition Certificate for six months to twelve months for acts of administrative violation as prescribed in Clause 1 of this Article;

b) Suspension of the right to use the Business Condition Certificate for twelve months to eighteen months for repeated acts of administrative violation as prescribed in Clause 1 of this Article.

3. Measures to remedy consequences:

Compel the return of illegal profits obtained through the implementation of administrative violations as prescribed in this Article.

Article 59. Acts violating provisions on frequency of organizing bets and time of accepting bets

1. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for violations concerning the time of accepting bets.

2. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for violations concerning the frequency of organizing bets.

3. Additional forms of punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for six months to twelve months for administrative violations as prescribed in Clause 2 of this Article.

4. Measures to remedy consequences:

Compel the return of illegal profits obtained through the implementation of administrative violations as prescribed in this Article.

Article 60. Acts violating provisions on betting tickets

1. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for providing betting tickets that do not ensure complete content and information as prescribed by law.

2. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for providing betting tickets with denominations lower than the minimum limit or exceeding the maximum betting amount as prescribed by law.

3. Additional forms of punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for six months to twelve months for administrative violations as prescribed in Clause 2 of this Article.

4. Measures to remedy consequences:

Compel the return of illegal profits obtained through the implementation of administrative violations as prescribed in this Article.

Article 61. Acts violating provisions on betting ticket sales agents

1. A fine of VND 20,000,000 to VND 30,000,000 shall be imposed for failing to comply with legal provisions on ensuring payment obligations of betting ticket sales agents as stipulated in the law on secured transactions.

2. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for entering into contracts with individuals or organizations that do not meet the conditions to act as agents as prescribed in Article 18 of this Decree.

Article 62. Acts Violating Provisions on Prize Payment, Prize Payout Ratio, and Prize Payment Methods

1. A fine of VND 10,000,000 to VND 20,000,000 shall be imposed for failing to comply with the regulations on the time limit for prize payment to winning customers.

2. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for any of the following violations:

a) Intentionally providing incorrect information about the results of the draw that deviates from the confirmation record of the Supervisory Committee of the event or the conclusion of the International Football Match Referee or the officially announced result by the Event Organizing Committee;

b) Implementing prize payment methods contrary to the provisions of Article 10 of this Decree;

c) Establishing a prize payout ratio lower than the minimum level prescribed in Article 11 of this Decree;

d) Confirming the prize money incorrectly regarding the winner or the actual value of the prize won.

3. Measures to remedy consequences:

Compel the return of illegal profits obtained through the implementation of administrative violations as prescribed in this Article.

Article 63. Acts Violating Provisions on Horse Racing and Dog Racing Organization

1. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for violating the regulations on race horses, race dogs, jockeys, and referees as stipulated in this Decree.

2. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for violating the conditions for organizing horse racing and dog racing as stipulated in Article 24 of this Decree.

3. Additional forms of punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for three months to six months for administrative violations as prescribed in Clause 2 of this Article.

Article 64. Acts Violating Provisions on Announcing and Providing Information

1. A fine of VND 5,000,000 to VND 10,000,000 shall be imposed for announcing or providing incomplete or inaccurate information.

2. Measures to remedy consequences: Compel correction of incomplete or inaccurate information that has been announced or provided for administrative violations as prescribed in this Article.

Article 65. Acts Violating Provisions on Anti-Money Laundering

1. A fine of VND 40,000,000 to VND 50,000,000 shall be imposed for any of the following violations:

a) Failure to update customer identification information;

b) Failure to issue procedures for managing risks related to new technologies;

c) Failure to classify customers according to their money laundering risk levels;

d) Failure to have a risk management system to identify foreign individuals with significant political influence;

đ) Failure to review customers against warning lists before establishing transactions;

e) Failure to report large-value transactions, suspicious transactions, or money laundering activities aimed at financing terrorism.

2. A fine of VND 90,000,000 to VND 100,000,000 shall be imposed for any of the following violations:

a) Failure to apply transaction delay measures, account freezing, sealing, or temporary asset retention upon decision by competent state management authorities;

b) Failure to establish and issue internal regulations on anti-money laundering;

c) Organizing or facilitating money laundering activities.

3. Additional forms of punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for three months to six months for administrative violations as prescribed in Clause 2 of this Article.

Article 66. Acts Violating Provisions on Promotions

1. A fine of VND 180,000,000 to VND 200,000,000 shall be imposed for intentionally implementing promotional policies for players.

2. Additional forms of punishment:

Revocation of the right to use the Certificate of Eligibility for Operating Wagering Business for six months to twelve months for administrative violations as prescribed in this Article.

Article 67. Acts Violating Provisions on Reporting Requirements

1. A warning shall be issued for one of the following violations:

a) Failure to submit or submitting insufficient reports to competent state management authorities as prescribed by law;

b) Submitting reports to competent state management authorities beyond the deadline prescribed by law.

2. A fine of VND 5,000,000 to VND 10,000,000 shall be imposed for providing incomplete or inaccurate information or data in reports submitted to competent state management authorities.

3. Measures to remedy consequences:

Compel correction of provided information that has been published incompletely or inaccurately for administrative violations as stipulated in Clause 2 of this Article.

Article 68. Authority to Impose Penalties and Authority to Draft Administrative Violation Records

1. Financial Inspectors at all levels performing official duties have the authority to impose warnings.

2. The Director of the Department of Finance's Inspectorate has the authority:

a) To issue warnings;

b) To impose fines up to VND 50,000,000;

c) To apply remedial measures as prescribed in Clause 3, Article 50 of this Decree.

3. The Head of the Ministry of Finance’s specialized inspection team has the authority:

a) To issue warnings;

b) To impose fines up to VND 140,000,000;

c) To apply remedial measures as prescribed in Clause 3, Article 50 of this Decree.

4. The Director of the Ministry of Finance's Inspectorate has the authority:

a) To issue warnings;

b) To impose fines up to VND 200,000,000;

c) To revoke the right to use the Certificate of Eligibility for Operating Wagering Business for a specified period as prescribed in this Decree;

d) To apply remedial measures as prescribed in Clause 3, Article 50 of this Decree.

5. The authority to impose fines as prescribed in this Article applies to organizations, with the fine for individuals being half the amount imposed on organizations.

6. In addition to those authorized to impose penalties as prescribed in Clauses 1, 2, 3, and 4 of this Article, those authorized to impose administrative violation penalties under the Provincial People's Committees and Public Security Organs as prescribed by the Law on Handling Administrative Violations within their functional and assigned tasks, if they discover administrative violations in this field or within their jurisdiction, may apply the provisions of this Decree to impose penalties.

7. Those authorized to draft administrative violation records are those authorized to impose penalties as prescribed in this Article, civil servants, and employees performing official duties and tasks.

Chapter VIII

STATE MANAGEMENT, INSPECTION, AND AUDIT

Article 69. Government

1. The Government shall uniformly manage state administration over betting operations.

2. Entrust the Ministry of Finance to study and report to the Government on decisions regarding the issuance of policies to manage betting activities within its authority.

Article 70. Prime Minister

Decide to select certain provinces and centrally-administered cities to pilot international football betting in accordance with point a, Clause 2, Article 13 of this Decree.

Article 71. Ministry of Finance

The Ministry of Finance shall be responsible before the Government for implementing state management over betting operations, including:

1. Studying and drafting to submit to the competent authority for issuance of policies to manage betting activities.

2. Issuing and guiding implementation of regulatory legal documents on betting operations within its authority.

3. Issuing, reissuing, adjusting, extending, and revoking Certificates of Eligibility for Betting Operations.

4. Inspecting, auditing, and handling violations of laws on betting operations within the scope of authority prescribed in this Decree and the law.

5. Performing other tasks assigned by the Government and the Prime Minister concerning betting operations as prescribed in this Decree and the law.

Article 72. Ministry of Planning and Investment

1. Implement inspection, supervision, and audit work on investment activities of projects with objectives of betting operations in accordance with investment laws.

2. Coordinate with the Ministry of Finance in reviewing and providing opinions on the issuance, adjustment, extension, and revocation of Certificates of Eligibility for Betting Operations.

3. Coordinate with the Ministry of Finance and other ministries, sectors, and localities in managing, supervising, and inspecting betting operations.

Article 73. Ministry of Public Security

1. Issuing or recommending the competent authority to issue, amend, and supplement regulatory legal documents, guidelines, and inspections on compliance with laws ensuring national security, public order, and social safety in betting operations.

2. Take the lead and coordinate with relevant agencies and organizations in combating money laundering crimes in betting operations in accordance with the law.

3. Coordinate with the Ministry of Finance in reviewing and providing opinions on the issuance, adjustment, extension, and revocation of Certificates of Eligibility for Betting Operations.

4. Coordinate with the Ministry of Finance and other ministries, sectors, and localities in managing, supervising, and inspecting betting operations.

Article 74. Ministry of Culture, Sports and Tourism

1. Announce the list of international football matches and tournaments selected as the basis for international football betting operations as prescribed in this Decree.

2. Coordinate with the Ministry of Finance in reviewing and providing opinions on the issuance, adjustment, extension, and revocation of Certificates of Eligibility for Betting Operations.

3. Coordinate with the Ministry of Finance and other ministries, sectors, and localities in managing, supervising, and inspecting betting operations.

4. Approve the Rules of Horse Racing and Dog Racing, approve conditions and standards for jockeys, and issue specialized regulations on standards for Referees, Supervisors, and operating conditions of facilities organizing horse racing and dog racing as prescribed in this Decree.

Article 75. Ministry of Information and Communications

1. Direct Internet service providers, infrastructure network service providers, online social networking service providers, and telecommunications enterprises to block illegal betting services through computer networks, telecommunications networks, and the Internet at the request of the Ministry of Public Security.

2. Lead and coordinate with relevant state management agencies to direct news agencies and media outlets to provide information about state management of betting operations; strengthen propaganda and mobilization efforts to prevent citizens from organizing or participating in illegal betting.

Article 76. State Bank of Vietnam

Coordinate with the Ministry of Finance and other ministries, sectors, and localities in managing, supervising, and inspecting betting business activities.

Article 77. Provincial People's Committees

1. Shall be responsible for managing betting business activities within their jurisdiction in accordance with this Decree and relevant laws.

2. Coordinate with the Ministry of Finance in reviewing and providing opinions on the issuance, adjustment, extension, and revocation of Certificates of Eligibility for Betting Operations.

3. Establish a Supervisory Board for races to manage and supervise horse racing and dog racing organized by businesses within their jurisdiction.

4. Carry out inspection and audit work on betting business activities within their jurisdiction in accordance with this Decree and relevant laws.

5. Perform other tasks as stipulated in this Decree and relevant laws.

Article 78. Inspection and Audit

1. The inspection and audit work of state management agencies shall be carried out regularly or at random. Random inspections may only be conducted when there are signs that businesses are violating the law, upon request for handling complaints and denunciations, to prevent corruption, or as assigned by the head of the competent state management agency.

2. The Ministry of Finance shall take the lead and coordinate with the Ministry of Planning and Investment, the Ministry of Public Security, the Ministry of Culture, Sports and Tourism, related ministries and sectors, and the provincial People's Committee where the business has been granted an Investment Registration Certificate to conduct regular inspections every two years to assess the business's ability to continue maintaining or having its Betting Business License revoked, or to propose the competent state management agency to consider and handle the matter according to the law. The inspection content includes:

a) Checking compliance with all conditions for obtaining a Betting Business License as prescribed in Articles 31 and 39 of this Decree.

For businesses specified in Clause 1 of Article 79 of this Decree, check compliance with all conditions for betting business operations permitted by the competent state management agency in accordance with the law.

b) Checking compliance with all regulations on organizing betting business operations as prescribed in this Decree, including the following main contents:

- Regarding betting products, participation limits, distribution methods, issuance areas, frequency, and acceptance times;

- Compliance with Race Rules, Horse Racing Rules, Dog Racing Rules, Jockeys (applicable to horse racing and dog racing betting);

- Management of players, compliance with Betting Regulations, internal rules on preventing money laundering;

Compliance with financial, accounting laws, and obligations to pay state budget revenues.

3. The provincial People's Committee and public security agencies shall decide to conduct random inspections when businesses show signs of violating player regulations, ensuring public security, social order, and safety, or when criminal allegations related to businesses arise.

4. Inspections and audits regarding tax obligations of businesses shall be carried out in accordance with the law.

Chapter IX

IMPLEMENTATION

Article 79. Transitional Provisions

1. Businesses that have been granted an Investment Registration Certificate or Enterprise Registration Certificate, including horse racing and dog racing betting activities, or have received permission from the competent state management agency to engage in horse racing and dog racing betting before this Decree takes effect and have already organized such betting activities (including pilot operations) may continue to operate horse racing and dog racing betting activities according to the Investment Registration Certificate or Enterprise Registration Certificate they have been granted or the permission document from the competent state management agency. If necessary, businesses shall complete procedures to obtain a Betting Business License in accordance with the following provisions:

a) The application dossier for a Betting Business License includes:

- Application form for a Betting Business License;

- Certified copy of the valid Investment Registration Certificate or Enterprise Registration Certificate containing horse racing and dog racing betting activities or a document granting permission from the competent state management agency to engage in horse racing and dog racing betting, or an uncertified copy presented along with the original for verification;

- Dossiers as prescribed in points c, e, and g of Clause 2 of Article 31 of this Decree.

b) Businesses submit one set of the application dossier for a Betting Business License to the Ministry of Finance. Within fifteen days from the date of receiving a complete and valid dossier from the business, the Ministry of Finance will review the dossier and decide to issue a Betting Business License to the business, including:

- Types of betting, distribution methods, and business areas determined according to the Investment Registration Certificate or Enterprise Registration Certificate or the permission document from the competent state management agency. In cases where the Investment Registration Certificate or Enterprise Registration Certificate or the permission document from the competent state management agency does not specify these details, the provisions of this Decree shall apply.

- The validity period of the Betting Business License shall be equal to the remaining operational period specified in the Investment Registration Certificate or Enterprise Registration Certificate or the permission document from the competent state management agency. In cases where the Investment Registration Certificate or Enterprise Registration Certificate or the permission document from the competent state management agency does not specify a business duration, the validity period of the Betting Business License shall be implemented according to Article 33 of this Decree.

2. For enterprises that have been issued Investment Registration Certificates or Enterprise Registration Certificates, including horse racing betting or dog racing betting activities, or have documents from competent state management agencies allowing horse racing betting or dog racing betting operations before this Decree takes effect and have not yet organized such betting operations.

Prior to organizing horse racing betting or dog racing betting operations, enterprises must complete procedures to obtain a Certificate of Eligibility for Betting Operations in accordance with the provisions of this clause.

a) Conditions for obtaining a Certificate of Eligibility for Betting Operations include:

- Having an Investment Registration Certificate or Enterprise Registration Certificate still in effect, which specifies permission for horse racing betting or dog racing betting operations, or a document from a competent state management agency allowing horse racing betting or dog racing betting operations;

- Meeting all conditions for permission to conduct horse racing betting or dog racing betting operations as specified in the Investment Registration Certificate or Enterprise Registration Certificate or a document from a competent state management agency allowing horse racing betting or dog racing betting operations. In cases where the Investment Registration Certificate or Enterprise Registration Certificate or the permit document from a competent state management agency does not specify the conditions for permission to conduct horse racing betting or dog racing betting operations, the enterprise must meet all conditions stipulated in Clause 1, Article 31 of this Decree.

b) The application dossier for a Certificate of Eligibility for Betting Operations includes:

- An application for a Certificate of Eligibility for Betting Operations; - A certified copy of the Investment Registration Certificate or Enterprise Registration Certificate still in effect, which specifies permission for betting operations, or a document from a competent state management agency allowing betting operations, or an uncertified copy presented together with the original for verification;

- Documents and materials proving that the enterprise meets all conditions for permission to conduct horse racing betting or dog racing betting operations as specified in the Investment Registration Certificate or Enterprise Registration Certificate or a document from a competent state management agency allowing horse racing betting or dog racing betting operations (if applicable). In cases where the Investment Registration Certificate or Enterprise Registration Certificate or the permit document from a competent state management agency does not specify the conditions for permission to conduct horse racing betting or dog racing betting operations, the enterprise must submit the dossier as stipulated in Point d, Clause 2, Article 31 of this Decree;

- Dossiers as specified in Points c, d, e, and g, Clause 2, Article 31 of this Decree.

c) The process and procedures for issuing a Certificate of Eligibility for Betting Operations shall be carried out in accordance with the provisions of Clauses 1, 2, and 3, Article 32 of this Decree.

d) Content of review

Based on the provisions of this Decree, the Ministry of Finance and relevant agencies as stipulated in Clause 3, Article 32 of this Decree will review the dossier in accordance with contents suitable to the conditions specified in Point a of this clause, including:

- Types of betting, distribution methods for betting tickets, and business areas determined according to the Investment Registration Certificate or Enterprise Registration Certificate or a permit document from a competent state management agency. In cases where the Investment Registration Certificate or Enterprise Registration Certificate or the permit document from a competent state management agency does not specify these details specifically, they shall be implemented in accordance with the provisions of this Decree.

- The validity period of the Certificate of Eligibility for Betting Operations shall be equal to the remaining operational period specified in the Investment Registration Certificate or Enterprise Registration Certificate or a permit document from a competent state management agency. In cases where the Investment Registration Certificate or Enterprise Registration Certificate or the permit document from a competent state management agency does not specify a specific business duration, the validity period of the Certificate of Eligibility for Betting Operations shall be implemented in accordance with the provisions of Article 33 of this Decree.

Article 80. Implementation Provisions

1. This Decree takes effect from March 31, 2017.

2. The Minister of Finance shall take the lead and coordinate with relevant ministries and sectors to guide the contents assigned to be detailed in this Decree.

3. The ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, chairpersons of provincial-level city People's Committees, and related organizations and individuals are responsible for implementing this Decree./.