Vietnam's Ministry of Finance has proposed a trial scheme allowing a single company to offer legally regulated international football betting.
Under the draft decree set to supplant the current one, the pilot would last five years and be restricted to enterprises with charter capital of at least VND 1trn ($385,000)
The new rules would raise the daily wagering cap per individual from VND 1m to VND 10m, while maintaining the minimum bet at VND 10,000.
To participate, bettors must open an account with the licensed operator. That account must be linked to a verified payment account or e-wallet; all transactions, payouts, and wagers must flow through the account to ensure traceability and verification of identity.
Besides, only persons aged 21 or older with full civil capacity would be eligible to place bets under the proposed framework.
Betting would be permitted exclusively on matches and tournaments organized by FIFA and its member bodies; domestic fixtures, including those by the Vietnam Football Federation, and e-football competitions would be excluded.
At the conclusion of the five-year trial, the government will assess the outcomes and decide whether to legalize or terminate the operation of international football betting within Vietnam.
The proposal marks a shift in Vietnam's approach to sports wagering, balancing tighter controls and oversight with a limited opening to regulated betting on international football events.
