Vietnam introduces fines of up to $5.8 thousand for anonymous gambling accounts and fake-profile registrations

Vietnam has signed off on a new penalty that targets people who create gambling accounts anonymously or open profiles using fake details. For payment teams and operators in high-risk verticals, the important bit is simple: the country is tightening identity rules around gambling access, not just the gambling activity itself.

1. The measure was signed by Vietnam’s Deputy Prime Minister. The new rule sets a fine of up to $5.8 thousand for creating anonymous gambling accounts or profiles with fictitious information.
2. The text does not add operational detail on enforcement, but the direction is clear: identity data attached to gambling accounts is now part of the compliance perimeter, not just a registration formality.
3. For PSPs and processors working with gambling merchants in Vietnam, this is the kind of rule that tends to increase pressure on onboarding controls, KYC checks, and account-level monitoring. If a merchant cannot evidence who is behind the profile, the exposure is no longer just theoretical.