On the evening of June 21, Hai Chau District Police in Da Nang announced the urgent arrest of three suspects who were the leaders of a massive football betting ring, with transactions exceeding VND 1,000 billion (nearly $40 million).

Ho Chi Minh City Police have issued a warning about the potential rise in crimes related to football betting during the 2024 European Football Championship (Euro 2024).

Though the business results of Phu Quoc casino was better in 2023 than the year before, it still incurred an accumulated loss of VND3.7 trillion, according to Minister of Finance Ho Duc Phoc.

Football betting is taking place in the open air at venues where people gather to watch World Cup matches, or quietly online.

While legal football betting businesses remain "immovable", illegal betting sites have been bustling. Billions of dollars go abroad every year to football bets.

Football betting has existed in social life in Vietnam for decades. Gamblers bet on football matches at both domestic and international tournaments.

Vietnamese people will be able to legally bet on many foreign football leagues if a draft decree on football betting is passed.

Ladbrokes, a British betting and gambling company, estimates that Vietnamese illegal football betting in Vietnam is worth 3-5 percent GDP (gross domestic product), or $10 billion a year.

 VietNamNet Bridge – Football fans who have lost money betting on the World Cup have been rushing to pawnshops to take out loans or pawn their belongings.

 Police in the Republic of Korea (RoK) recently busted an online sport gambling ring with a fake office in Vietnam’s Ho Chi Minh City, Yonhap News Agency reported on March 31.

 VietNamNet Bridge – Initially, only Vietnamese individuals who possess an APEC Business Travel Card (ABTC) are qualified to play in casinos.

 The Supreme People's Procuracy of Vietnam on July 29 decided to prosecute six Dong Nai FC players, who had been arrested for match fixing after a V-League match, for gambling and organising gambling.

 VietNamNet Bridge – Police of District 11, on Saturday, arrested 33 people suspected of betting on matches in the ongoing World Cup during a raid at a snooker shop on Au Co Street.

While police admit that Tran Nhat Duat Street in Hoan Kiem District has dozens of shops making illegal car and motorbike registration plates, they also claim there is little they can do about it.

 VietNamNet Bridge – When the FIFA World Cup 2014 opened, illegal betting has mushroomed. Coffee shops and foreign betting websites are the "business centers" for gamblers.

 VietNamNet Bridge – Newly-elected chairman Le Hung Dung of the Vietnam Football Federation (VFF) expected that the State will legalize football betting early because this brings a lot of benefits.

VietNamNet Bridge – The National Assembly Standing Committee on Wednesday discussed the government’s draft decree on betting business for horse racing, dog racing and international football.

VietNamNet Bridge - Chairman of the Vietnam Football Federation (VFF) Nguyen Trong Hy proposes several plausible opinions on football betting in Vietnam.

VietNamNet Bridge – Seven people, including entrepreneurs, were arrested and prosecuted by the police of Da Nang City for involvement in international football betting rings worth millions of USD.