On June 17, 2019, the Ministry of Finance of Vietnam issued Circular No. 36/2019/TT-BTC providing guidance on computer-generated lottery business.
According to Circular No. 36/2019/TT-BTC of the Ministry of Finance of Vietnam, a lottery buyer shall:
- be a Vietnamese citizen living in Vietnam or overseas, or a foreigner who has legally entered Vietnam;
- be aged 18 years or older; and
- have full legal capacity in accordance with Vietnamese law. In case of applied provisions of international treaties in which Vietnam is a member are different from the Vietnamese ones, the provisions of international treaties shall prevail.
Also according to Circular No. 36/2019/TT-BTC, every lottery buyer has the right to:
- Receive the payout from the computer-generated lottery enterprise when he/she wins in accordance with the lottery game rules;
- Request the computer-generated lottery enterprise to protect the information of his/her win and the prize; and
- Other lawful benefits as prescribed at the lottery game rules.
View more details at Circular No. 36/2019/TT-BTC of the Ministry of Finance of Vietnam, effective from August 01, 2019.
- Thanh Lam -
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |