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Facing strict criticism over the high (and seemingly escalating) cost of hosting the sporting event amid economic difficulties and a lack of sports infrastructure, Vietnam has decided to withdraw from the region’s largest sporting event, which would have made it the first Southeast Asian nation for 20 years to host the showpiece competition.
Becamex Binh Duong continued its recent streak by coming back to take a 5-2 home win over national cup holders Vissai Ninh Binh on Monday.
Soccer’s governing body will have to change the way it organizes World Cups after setbacks and potential last-minute problems at this year’s tournament in Brazil, FIFA General Secretary Jerome Valcke said.
Le Hung Dung, Acting Vice Chairman of the Vietnam Football Federation (VFF), was appointed chairman of the federation at VFF’s 7th-term meeting in Hanoi on Tuesday.
Hosting the Asian sporting event may cost Vietnam over $300 million, double the initial estimate made when Vietnam bid on the event in 2012