What are prohibited acts in the business of prize-winning electronic games in Vietnam?

Pursuant to Article 4 of the Decree 121/2021/ND-CP (takes effect from 12/02/2022) stipulating prohibited acts in the business of prize-winning electronic games for foreigners in Vietnam as follows:

1. Operation of a prize-rewarding electronic game business without a certificate of business eligibility, except the enterprises prescribed in Clause 1 Article 42 of this Decree.

2. Operation of a prize-rewarding electronic game business in violation of the content of the business license issued by the competent state management agency in accordance with regulations of the law.

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 prescribed 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 process 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. Taking advantage of the maintenance and repair of prize-winning electronic gaming machines to organize the business of illegal prize-winning electronic games.

14. Conducting the business of prize-winning electronic gaming machines and gaming devices which have contents or cultural images yet to be approved by a competent state management agency for dissemination or circulation in accordance with the law.

15. Other prohibited acts as prescribed by the law.

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