On July 29, 2013, the Government issued Decree 86/2013/ND-CP on business in prize-winning electronic games for foreigners in Vietnam
13 prohibited acts in the business in prize-winning electronic games in Vietnam (Internet image)
Article 4 of Decree 86/2013/ND-CP stipulates 13 prohibited acts in the business in prize-winning electronic games in Vietnam. To be specific:
1. Conducting the business of prize-winning electronic games without business eligibility certificates.
2. Conducting the business of prize-winning electronic games at variance with contents of business eligibility certificates.
3. Tampering with, erasing, leasing, lending or transferring business eligibility certificates.
4. Conducting the business of prize-winning electronic games during the period of being deprived of the right to use business eligibility certificates or being suspended from doing the business under decisions of competent state management agencies.
5. Letting persons not defined in Article 11 of this Decree enter business facilities in any form and for any reason.
6. Permitting or organizing direct betting between players based on results of prize-winning electronic games at business facilities.
7. Cheating in the course of organizing or participating in prize-winning electronic games at business facilities.
8. Committing acts affecting security, social order and safety at business facilities.
9. Illegally transferring, leasing or lending places for organizing the business of prize-winning electronic games.
10. Illegally organizing and providing prize-winning electronic games via computer and telecommunications networks and the Internet.
11. Taking advantage of the business of prize-winning electronic games to smuggle and transport foreign currencies, gold, silver, gems and precious metals, or conduct money laundering in any form.
12. Certifying false prize money amounts, giving untruthful certification or ultra vires or causing difficulties to players without plausible reasons when giving certification.
13. Other prohibited acts as prescribed by law.
More details can be found in Decree 86/2013/ND-CP, which comes into force from October 1, 2013.
Ty Na
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