Vietnam’s Ministry of Finance is moving forward with plans to significantly overhaul betting regulations, proposing to increase the maximum daily limit for international football wagers to VND10 million (US$380). The adjustment forms part of a new draft decree covering horse racing, dog racing, and international football betting. While the proposed VND10 million cap is far above the old ceiling, officials stress it is still designed to discourage excessive gambling. For the first five years, only a single enterprise would be granted approval to operate international football betting. In recent years, law enforcement has dismantled illegal football gambling networks valued at several billion dollars.