Launched products from July 18, 2016, after nearly 5 years of business, Vietlott has covered 62/63 provinces and cities, achieving revenue of nearly VND 18,000 billion and contributing nearly VND 6,000 billion to the budgets of localities. In 2020, Vietlott overcame the difficulties of the Covid epidemic to expand to 11 more markets and contributed more than 1,300 billion VND to the state budget.

In accordance with the National Lottery Modernization Project approved by the Prime Minister Vietlott was established in December 2011 and started business from July 2016. After a five-year business journey, Vietlott has brought many innovations in the lottery industry and actively contributed to the overall development of the country.

Diversify and modernize the lottery industry

Vietlott has launched three product lines with five products including Mega 6/45, Power 6/55, Max 3D, Max 4D and Keno in which there are many new products, first appearing in Vietnam. Players can choose their own numbers, have the opportunity to win cumulative Jackpot prizes or play a 10-minute fast-draw lottery. These have brought new and interesting experiences to players and contributed to diversifying products in the lottery industry.

In 2020, Vietlott achieved business results of more than 4,900 billion VND, paid the budget of 62 provinces and cities that are implementing business more than 1,310 billion VND and awarded players nearly 2,800 billion VND. Especially in 2020, in order to realize digitalization following the 4.0 technology trend in lottery product issuance, Vietlott has cooperated with three operators Mobifone, Viettel and Vinaphone to distribute elective lottery by phone (in the form of SMS).

After more than three months of business operation, more than 150,000 customers opened accounts. In particular, play lottery by phone channel, players have the right to choose the place to register to contribute taxes in accordance with the law (approximately 3,000 VND / 10,000 VND ticket).

As a pioneer in applying international standards in business activities, Vietlott is the only unit in Vietnam that is an official member of the World Lottery Association (WLA) and the Asian Lottery Association. Asia-Pacific (APLA). Vietlott has achieved technical system certification to meet safety and security standards and reach level 2 of responsible gambling of WLA.

Contributing positively to the local

After five years of business, Vietlott has achieved revenue of nearly 18,000 billion VND, awarded nearly 10,000 billion VND for players and created opportunities to become billionaires for 240 people across the country. Vietlott has contributed nearly 6,000 billion VND to local budgets to invest in the fields of health, education, combating climate change and building new countryside. With a business system covering 62/63 provinces and cities and a network of more than 5,000 points of sale, Vietlott has contributed to creating 10,000 jobs across the country.

Besides business activities, Vietlott identifies social security as a central task in the development process. Vietlott, along with winners, partners and agents, have implemented many social security programs aimed at children and disadvantaged people in society.

Some of Vietlott's social security programs are implemented nationwide

Continue to maintain and develop according to world standards

Continuing the growth momentum, Vietlott plans in 2021 to build a sustainable development system, continue to maintain and apply international standards in business activities. Vietlott sets a target of revenue of about 5,900 billion VND in 2021, contribute the state budget 1,320 billion and continuing to expand and develop the system.

Specifically, in terms of distribution channels, Vietlott plans to cover the whole country, expand the point-of-sale system, and diversify products. Continue to coordinate with carriers to bring new products and utilities on the phone channel to meet the needs of players. Vietlott will also research and propose competent agencies to launch distribution channels via the Internet in the near future.

Vietlott continues to maintain the application of WLA standards on ensuring security, safety in business activities. Promote responsible play programs to create healthy recreational environments for players and work towards achieving higher levels of WLA responsible gambling.

For social security activities, Vietlott identifies this as an important task in the business process; continue to actively coordinate with mass organizations and local authorities to implement social security activities in a longer and more methodical manner in the future.