Vung Tau greyhound racing to end as license expires
Punters who love dog racing in Vietnam will have to wait to physically watch the sport as the country’s only greyhound track, located in the beach town of Vung Tau, will close on March 10 when the investment license expires.
Sports and Entertainment Services Co. (SES), a joint venture between Australia’s Hemlock Services Corp. and Ba Ria-Vung Tau province’s Tourism Company, has announced the closure and is building a new race track in another province.
SES received the 25-year license in March 1998, with around $5 million in charter capital. Its chairman is Nguyen Ngoc My, a Vietnam-born Australian businessman.
He recalled the history of importing greyhounds from Australia to Vung Tau, about two hours’ drive southeast of Ho Chi Minh City.
“In 1996, Ba Ria-Vung Tau province’s chairman Nguyen Trong Minh asked me a question. He wanted tourists visiting the beautiful beach town to enjoy night-time entertainment and stay here overnight. My solution was to open a greyhound track.”
He also recalled the excitement when Lam Son Stadium track opened in May 2000 after he had set up a 10-hectare greyhound breeding and training farm in 1999 in nearby Ba Ria town. From 200 imported greyhounds in the beginning, the population has gradually expanded to almost 500.

Each race features eight greyhounds at Lam Son Stadium in Vung Tau town, southern Vietnam. Photo courtesy of Sports and Entertainment Services Co.
The English Greyhound, or simply the Greyhound, is bred for coursing, racing and hunting. They have a maximum speed of 70 kilometers per hour.
Vung Tau-based SES became a World Greyhound Racing Federation member in 2001, showing Vung Tau’s dog racing had come of age. Formed in 1969, the WGRF is an international forum for the interchange of information, new technology and other developments to improve greyhound racing globally.
In the initial period, the Lam Son track opened two nights per week for dog racing lovers to watch the races and bet, but later on that was cut to just Saturday nights with bets ranging from VND10,000-1 million ($0.42-42.3) each.
By the end of December 2022, SES had contributed almost VND45.4 billion (nearly $19.2 million based on current forex rates) to the provincial budget, according to the company. The entertainment company has so far seen VND205 billion (over $8.66 million based on current forex rates) in losses.
The company is building a horse and greyhound race track in the Central Highland province of Lam Dong. However, it has not disclosed the opening time for the new establishment.
- Read More
HCMC fast-tracks rail projects proposed by private conglomerates
The Ho Chi Minh City People’s Committee has asked municipal agencies to work with major private conglomerates to finalize investment plans for the railway projects they proposed.
Infrastructure - Sun, September 7, 2025 | 1:52 pm GMT+7
Vietnam's Finance Ministry targets 60% public investment disbursement by end-Q3
Vietnam’s public investment disbursement reached VND409.17 trillion ($15.49 billion) in the year to August 31, equal to 39.9% of the year's plan and 46.3% of the Prime Minister’s target, the Ministry of Finance (MoF) reported.
Economy - Sun, September 7, 2025 | 10:53 am GMT+7
Vietnam posts nearly $14 bln trade surplus in 8 months
Vietnam recorded a trade surplus of $13.99 billion in the first eight months of 2025, according to the General Statistics Office under the Ministry of Finance.
Economy - Sun, September 7, 2025 | 10:41 am GMT+7
S&P upgrades ratings of three Vietnamese banks, citing resilient economy
S&P Global Ratings has raised the long-term credit ratings of three major Vietnamese banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.
Banking - Sun, September 7, 2025 | 10:34 am GMT+7
Luong Nguyen Minh Triet appointed top leader of central Vietnam hub Danang
Luong Nguyen Minh Triet, deputy Party chief of Danang and Chairman of the municipal People's Committee, has been appointed the city's Party chief - the highest position in the locality.
Politics - Sun, September 7, 2025 | 9:53 am GMT+7
Sun Group aims to launch $2 bln casino-resort complex in northern Vietnam by 2032
Sun Group, one of Vietnam’s leading property developers, targets to complete its VND51.6 trillion ($2 billion) casino and resort complex project in the northern coastal province of Quang Ninh by 2032.
Real Estate - Sun, September 7, 2025 | 8:00 am GMT+7
Vietnam's industrial production on upward trend
Vietnam's industrial production index continued to rise in the first eight months of the year, with all 34 cities and provinces recording an increase.
Economy - Sat, September 6, 2025 | 10:20 pm GMT+7
Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance
Becamex IDC (HoSE: BCM), a leading Vietnamese industrial park developer, has raised VND2 trillion ($75.4 million) in its latest bond issuance.
Finance - Sat, September 6, 2025 | 8:35 pm GMT+7
Vietnam's FDI capital disbursement hits five-year high amid global decline
Disbursed foreign direct investment (FDI) capital in Vietnam hit $15.4 billion in Jan-August, up 8.8% year-on-year, despite declining global investment flows, the Foreign Investment Agency (FIA) reported.
Economy - Sat, September 6, 2025 | 4:30 pm GMT+7
EVNNPT leader inspects 220kV substation project progress in central Vietnam
Pham Le Phu, CEO of EVNNPT, a subsidiary of state utility Electricity Vietnam (EVN), on Thursday inspected the construction of the 220kV Chan May Substation and its associated transmission line in the central city of Hue.
Companies - Sat, September 6, 2025 | 3:42 pm GMT+7
Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride
For over two decades, Petrovietnam Gas South East Transmission Company (PV Gas SE) has stood as a lasting symbol within Petrovietnam Gas Joint Stock Corporation (PV Gas) - one of the earliest-established units closely tied to the pioneering steps of Vietnam’s gas industry.
Companies - Sat, September 6, 2025 | 3:33 pm GMT+7
Politician Anutin Charnvirakul wins vote to become new Thai PM
Thailand’s Bhumjaithai Party leader Anutin Charnvirakul has secured enough votes to become the country's new Prime Minister.
Southeast Asia - Sat, September 6, 2025 | 10:55 am GMT+7
Vietnam’s sugar productivity maintains top regional spot
In the 2024-2025 crop, Vietnam maintained its position as the regional leader in sugar productivity, reaping 6.69 tons per hectare, outpacing other major producers such as Thailand, Indonesia, and the Philippines.
Companies - Sat, September 6, 2025 | 10:53 am GMT+7
Gaming drives Vietnam tech unicorn VNG’s H1 revenue
Vietnamese tech unicorn VNG Corp (UPCoM: VNZ) reported net revenue of over VND4.8 trillion ($181.82 million) in H1, up 11% year-on-year, with gaming remaining its major contributor at VND3.59 trillion ($135.98 million).
Companies - Sat, September 6, 2025 | 10:39 am GMT+7
Hanoi gives green light to fifth metro line Van Cao-Hoa Lac
Vietnam's capital city of Hanoi has approved a plan to build the Metro Line No. 5, connecting Van Cao with Hoa Lac.
Infrastructure - Sat, September 6, 2025 | 9:02 am GMT+7
VAFIE helps Hai Phong-based firms get updates on tax policies
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) and Hai Phong's Tax Department co-organized a seminar titled “Updates on Tax Policies and International Financial Reporting Standards (IFRS)” on Friday in the northern port city.
Companies - Sat, September 6, 2025 | 8:56 am GMT+7