What are regulations on purchase, re-export and destruction of prize-winning electronic gaming machines in Vietnam?

Pursuant to Article 14 of the Decree 121/2021/ND-CP (takes effect 12/02/2022) stipulating purchase, re-export and destruction of prize-winning electronic gaming machines, tokens, and gaming devices in Vietnam as follows:

1. Enterprises possessing the certificate of business eligibility and those prescribed in Clause 1 Article 42 of this Decree are permitted to purchase or import prize-winning electronic gaming machines, tokens, and gaming devices. The purchase or importation of prize-winning electronic gaming machines, tokens, and gaming devices shall be conducted in accordance with this Decree, regulations of relevant laws, and guidelines, appraisal of the Ministry of Culture, Sport, and Tourism on contents or images that are licensed to disseminate and circulate according to the law on culture.

2. Enterprises may only purchase or import prize-winning electronic gaming machines not exceeding the licensed quantity and conforming to technical conditions in accordance with this Decree.

3. Enterprises possessing the certificate of business eligibility and those prescribed in Clause 1 Article 42 of this Decree are permitted to purchase or import backup devices of prize-winning electronic gaming machines, tokens, and gaming devices when necessary. The purchase, management, and use of backup devices shall satisfy the following principles:

a) The number of backup devices shall not exceed 10% of the total number of devices of prize-winning electronic machines and gaming machines eligible for business;

b) Backup devices shall be entirely new;

c) The use of backup devices shall be conducted according to the principle of not increasing the number, categories, and types of prize-winning games eligible for business.

4. Within 30 days, enterprises shall conduct re-export or destruction of prize-winning electronic gaming machines, tokens, and gaming devices in the following cases:

a) Enterprises shut down their business, dissolute; subject to bankruptcy according to a decision of a Court or revocation of the certificate of business eligibility;

b) Prize-winning electronic gaming machines, tokens, and gaming devices expire according to regulations of the manufacturer or are damaged beyond repair or restore for normal operation;

c) Prize-winning electronic gaming machines, tokens, and gaming devices that are not in operation because they do not match the business needs of enterprises; or enterprises that wish to purchase new or replace those in order to match their actual business operation.

5. The destruction of prize-winning electronic gaming machines, tokens, and gaming devices must be observed and certified in writing by an independent audit organization or at least one representative of the Ministry of Finance, Ministry of Culture, Sport, and Tourism, Local Department of Tax. The re-export of those objects shall be conducted in accordance with the current law.

Best regards!