VietNamNet Bridge – “It was a brilliant period in the post & telecommunication development history with enthusiastic leaders who had spirit of commitment, and who dared to reform, take responsibility and throw themselves in difficulties,” said Do Trung Ta, former Minister of Post & Telematics, now the Ministry of Information & Communications, recalling memories about the days of renovating the industry.

Fomer Minister of Post & Telematics Do Trung Ta

Daring decision

After the war, Vietnam entered a very difficult period. The post & telecommunication sector operated with outdated equipment and technologies. The telephone density in Vietnam in 1985 was just 0.2 machines per 100 people, 7 times lower than African countries, while the telegraphic density was 10.27 telegrams per 100 people, or 18 times lower than Cuba’s.

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VietNamNet Bridge – A government Decree 06 dated February 3 on legalizing horse, dog and football betting, to take effect on March 1, is expected to pave the way for the development of sport betting businesses.

Under the decree, the government will allow only one company to provide the international football betting service for a limited period of five years. After the trial period of five years, the government will review the performance of the business before deciding whether to continue licensing it.

The company must have minimum charter capital of VND1 trillion.

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