What are the tasks and powers of professional sports clubs in Vietnam?

Tuyết Hoan

15:40, 12/04/2010

The Law on physical training and sports 2006 of Vietnam was promulgated on November 29, 2006. One of the fundamental contents specified in this Law is the regulation on tasks and powers of professional sports clubs.

Specifically, according to Article 52 of the Law on physical training and sports 2006 of Vietnam, professional sports clubs shall have the following tasks and powers:

First, to participate in professional sports tournaments organized by national sports federations or international sports federations.

Second, to train professional sports athletes.

Third, to discover, select and foster sports talents.

Fourth, to sign labor contracts with professional athletes and professional coaches.

Fifth, to ensure material foundations, equipment and devices for sports training and competition.

Sixth, to ensure financial sources for their operation.

Seventh, to carry out production, business and service activities according to law.

Eighth, to be entitled to preferential policies on the use of material foundations, equipment and devices managed by the State.

Ninth, to enjoy conditions created by the State to increase their lawful revenues.

Tenth, to receive and use donations and contributions of domestic as well as foreign organizations and individuals.

View more details at: The Law on physical training and sports 2006 of Vietnam officially takes effect from July 01, 2007.

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