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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Tuyen has suggested building a tourism resort complex – Sai Gon Marina City – in Can Gio beach with the total area of 1,430 hectares.

This would include a yacht port to connect to Singapore, Hong Kong and Thailand; ferry line and speedboat to connect to Can Gio and Vung Tau; high-speed and yachts to connect to HCMC with neighboring areas; and resorts, ecological urban areas and a seafood town.

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VietNamNet Bridge – The World Bank has estimated that by 2030, nearly one-fifth of Vietnamese will enter old age and around 40 percent of the population aged 70-74 will still have to work, mostly in the unofficial labor market.

Nguyen Thi Be, about 60, from Thai Binh province, has been living and working as a housemaid for a family in Hanoi for nearly one decade.

Thai Binh was considered the rice granary in the north. However, Be said, the rice fields in her homeland have been left uncultivated for years. It is because farmers now cannot earn their living only on field work.

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